Vietnam: Industrial output rises at quickest pace in six months in July
Industrial output expanded 11.2% in year-on-year terms in July, which followed June’s 10.9% increase. The figure marked the best reading since January and was largely driven by faster growth in manufacturing production. In contrast, electricity production weakened.
Meanwhile, annual average industrial production growth rose to 6.4% in July (June: +5.7%). This signals an improving trend in the industrial sector.