Hanoi: Vietnam’s Index of Industrial Production (IIP) maintained strong momentum with a yearly growth of 8.6% in the first seven months of 2025, according to the National Statistics Office (NSO). The country’s industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP. Several key industries recorded robust year-on-year growth, including motor vehicle production (up 30%); rubber and plastic products (17%); garment (15%); furniture manufacturing (11%); and electronic products, computers, and optical products (8%).
According to Vietnam News Agency, the manufacturing and processing sector played a pivotal role in driving the industrial production index higher. This sector’s significant growth highlights its contribution to Vietnam’s economic performance, reflecting the country’s emphasis on boosting industrial capabilities. The data reveals a promising trajectory for Vietnam’s industrial sector, driven by significant advancements in several key industries.
Motor vehicle production emerged as a standout performer with a remarkable 30% increase, showcasing a strong demand and possible expansion in both domestic and international markets. Meanwhile, the rubber and plastic products industry grew by 17%, indicating a steady demand for these materials across various applications. The garment industry recorded a 15% rise, suggesting continued resilience and competitiveness in the global textile market.
Furniture manufacturing saw an 11% growth, indicating a robust domestic and export market demand. Furthermore, the electronic products, computers, and optical products sector grew by 8%, pointing to sustained technological advancement and consumer demand. These figures collectively paint a picture of a dynamic and expanding industrial landscape in Vietnam.