Industrial production grows 8.6% in first seven months of 2025
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.
Honda Vietnam Company's production line in Ninh Binh province. (Photo: VNA)
Hanoi (VNS/VNA) – 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.
Electricity production and distribution increased by 4.6%, contributing 0.4 percentage points, while the water supply, waste, and wastewater management sector grew by 10.4%, adding 0.1 percentage points to the index.
In contrast, the mining sector contracted by 2.7%, dragging the overall index down by 0.4 percentage points.
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%).
Among the 34 localities that recorded increases in the IIP, many saw robust gains driven by a strong performance in processing, manufacturing, and electricity production and distribution. Notably, Hue posted a 43% rise, followed by Quang Ninh with 32% and Phu Tho with 27%.
However, in several provinces like HCM City and Cao Bang, slower growth in these key sectors along with declines in mining led to more modest gains in industrial output.
🐲 According to the NSO, employment in industrial enterprises continued to improve steadily. As of July 1, the workforce had increased by 1% compared to the previous month and by 3.9% year-on-year./.
Ho Chi Minh City’s Index of Industrial Production (IIP) rose by 8.2% in the first five months of 2025 compared to the same period last year, marking the highest five-month growth rate in the past seven years, according to the municipal Department of Industry and Trade.
Nguyen Thi Huong, Director General of the National Statistics Office (NSO) under the Ministry of Finance, shared her insights into the Vietnamese economic landscape so far this year, and sketched out solutions to boost the country’s growth in an interview granted to VietnamPlus.
Foreign direct investment (FDI) inflows into Ho Chi Minh City rebounded strongly in the first seven months of 2025, reaching nearly 6.2 billion USD, up 45.67% year-on-year after a slowdown last year.
To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.
The Airbus A321NX is the first in a fleet of eight modern aircraft scheduled for delivery and operation throughout 2025, marking the beginning of Sun PhuQuoc Airways’ carefully planned investment strategy to build a modern fleet operating with safety, stability, and world-class standards.
Experts say that after over a decade of implementation, the credit growth quota policy is currently inappropriate and is criticised for creating an “ask and give mechanism”, hindering people and businesses from accessing bank loans.
VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
