Vietnam's industrial sector marked a remarkable growth in 2024 with the industrial production index (IIP) surging by 8.4% year-on-year, a record high over the past four years, the General Statistics Office (GSO) has said.

Vietnam's index of industrial production (IIP) in the January – November period rose 8.4% from the same period last year, reported the General Statistics Office (GSO).

According to the General Statistics Office, the Industrial Production Index (IIP) increased by 7% in October.

Vietnam’s index of industrial production (IIP) surged 8.6% year-on-year in the first nine months of this year, extending the sector's recovery, the General Statistics Office (GSO) has announced in its monthly report.

VOV.VN - Vietnam’s industrial production remains on an upward trajectory, with the index of industrial production (IIP) over the past eight months estimated to rise by 8.6% over the same period last year, the General Statistics Office (GSO) reported.

The country's index of industrial production (IIP) is continuing its positive growth pace in July with an increase of 0.7% over June and 11.2% compared to the same period last year, according to the General Statistics Office (GSO).

The index of industrial production (IIP), foreign direct investment (FDI) and export-import were among the bright spots of the national economy in the first five months of this year, experts have said.

Industrial production continued to thrive in the first quarter with the entire sector’s added value rising 6.18% year on year, the Ministry of Industry and Trade (MoIT) reported.

Vietnamese enterprises and authorities are taking action right from the start of 2024 to promote industrial production though many challenges remain in the global economy.

The index of industrial production (IIP) in January fell 4.4% month on month but still went up 18.3% year on year, reported the General Statistics Office (GSO).