FX.co ★ Vietnam Industrial Output Growth Surges to Near 4-Year High

In January 2025, Vietnam's industrial production experienced a significant upswing, climbing 21.5% compared to the same month the previous year. This marks a robust acceleration from the 10.1% increase recorded in December and represents the 12th consecutive month of growth. The latest data indicates the most rapid expansion since April 2021, driven primarily by seasonal factors associated with pre-Lunar New Year production. Growth was observed across most sectors, with manufacturing output increasing by 23.6% (up from 10.9% in December), electricity and gas supply rising by 14.1% (compared to 11.2%), and water supply, waste management, and wastewater treatment climbing 13.6% (up from 6.3%). Additionally, the mining and quarrying sector saw a notable increase, growing by 10.3% (up from 0.2%). On a month-to-month basis, industrial output slightly decreased by 0.2%, reversing the 0.2% gain seen in December. For the entire year of 2025, industrial production grew by 9.2% compared to the previous year.