Vietnam’s industrial production jumped by 18.3% year-on-year in January 2024, sharply accelerating from a 5.8% rise in the previous month. It was the ninth consecutive month of expansion in industrial output and the steepest pace since April 2021, with production picking up strongly for both manufacturing (19.3% vs 7.6% in December), and electricity and gas supply (21.6% vs 5.9%). Also, activities rebounded for mining & quarrying (7.3% vs -12.8%) and water supply and waste management (5.7% vs 11.5%). In 2023, industrial production grew by 1.5%. source: General Statistics Office of Vietnam

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