Vietnam’s Jan industrial production index down 9.2% MoM, up 0.6% YoY

Vietnam’s index of industrial production fell by 9.2 per cent month on month and rose by 0.6 per cent YoY in January.
The manufacturing and processing sector grew by 1.6 per cent YoY in the month.
Production of natural fibre fabric rose by 9.6 per cent YoY and clothing production went up by 5 per cent YoY in January.
Textile and footwear firms have secured orders for the first half of this year.