Vietnam’s industrial production index (IIP) rose by 8.4 per cent YoY in 2024—a record high over the past four years, exceeding the annual 7-8-per cent target.
The manufacturing and processing sector saw the highest YoY IIP growth of 9.6 per cent compared to 2023’s 1.5 per cent.
The IIP for textiles, furniture and leather-leather goods grew by 12 per cent, 24 per cent and 14 per cent YoY respectively.
The manufacturing and processing sector saw the highest YoY IIP growth of 9.6 per cent compared to 2023’s 1.5 per cent.
The IIP for textiles, furniture and leather-leather goods grew by 12 per cent, 24 per cent and 14 per cent YoY respectively.