National index of industrial production down in January
Vietnam's index of industrial production (IIP) in January declined by 5.5 percent year-on-year and 11.8 percent month on month, according to the General Statistics Office (GSO).
Vietnam's index of industrial production falls in January due to the Lunar New Year holiday. (Photo: dangcongsan.vn)
Hanoi (VNA) - Vietnam's index of industrialproduction (IIP) in January declined by 5.5 percent year-on-year and 11.8 percentmonth on month, according to the General Statistics Office (GSO).
This reduction was due to the Lunar New Year holiday at the end ofJanuary this year, reducing the number of working days, said GSO economists.
The mining sector saw the strongest reduction of 18.4 percent year on yearin IIP in the first month this year.
The processing and manufacturing sector, responsible for a large part ofdomestic industrial production, reported IIP reduction of 4.8 percent while theIIP of electricity production and distribution fell by 3.5 percent.
Meanwhile, the IIP of the water supply and waste-sewage treatment sectors roseby 1.6 percent year on year.
Many industrial products had a strong reduction in output, such as automobiles(38 percent), sugar (30.4 percent), motorbikes (22 percent), liquefiedpetroleum gas (21.2 percent), coal (18.5 percent), milk powder (18.4 percent)and raw steel (15.1 percent).
However, some industrial products posted growth in production,including metal ore (34.3 percent), steel bars and steel angle bars (23.5percent) and mobile phones (10.4 percent).
GSO officials said production is expected to recover soon because, in January, the number oflabourers in industrial enterprises increased by 0.5 percent year on year./.
Ho Chi Minh City posted a year-on-year rise of 7.1 percent in the index of industrial production (IIP) in the first eight months of this year, but key industries have shown signs of slowing growth.
Ho Chi Minh City’s industrial production index in the first nine months of this year expanded 7.26 percent year-on-year, the municipal Department of Industry and Trade reported on October 1.
The index of industrial production (IIP) for the first 10 months of this year increased by 9.5 percent from the same period last year, led by the manufacturing-processing sector.
The Index of Industrial Production (IIP) in November saw the lowest rise since the beginning of 2019 at 5.4 percent, mostly due to the slowing-down of mining and processing-manufacturing sectors, according to the General Statistics Office (GSO).
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Vietnam's index of industrial production falls in January due to the Lunar New Year holiday. (Photo: dangcongsan.vn) 
