Vietnam’s Jan-Sep industrial production index up 0.3%
Vietnam’s index of industrial production (IIP) grew 0.3% year-on-year in the first nine months of this year, the General Statistics Office (GSO) reported Friday.
The growth followed a 0.4% fall in January-August, it said, adding that the nine-month performance was driven by increases of 0.2% in the manufacturing-processing sector, 2.6% in electricity production and distribution, and 4.9% in waste and wastewater supply and treatment.
However, the mining sector fell 3%.
The nation’s IIP rose 3.5% year-on-year in the third quarter, much higher than a contraction of 2.6% in Q1 and 0.2% in Q2, indicating continuous recovery.

Automaker VinFast's factory in Hai Phong city, northern Vietnam. Photo courtesy of VinFast.
The sectors with the highest year-on-year growth in Jan-Sept were tobacco with 9.6%, plastics and plastics products with 8.7%, goods made from prefabricated metal (except for machines and equipment) with 7.4%, and chemical and chemical products with 6.2%.
The report said that the worst performers were crude oil and natural gas exploitation at negative 3.6%, manufacturing of uncategorized machines and tools at negative 4%, manufacturing of vehicles with engines at negative 5.2%, and manufacturing of other vehicles at negative 7.2%.
Some sub-sectors with strong growth were sugar with 37.1%, fertilizers with 18.6% and television with 10.1%. Some of the notably poor performers were automobiles with negative 19.3%, steel bars with negative 14.4%, and mobile phones with negative 12.8%.
Locality-wise, the best performer was the Mekong Delta province of Tra Vinh with 24.7%, followed by northern provinces of Bac Giang with 17.4%, Phu Tho with 16%, Nam Dinh with 14%, and Ha Nam and Thai Binh with 12.6%.
The worst performers were the central province of Quang Nam with negative 29%, followed by northern provinces of Son La with negative 19.7%, Lai Chau with negative 17.6%, Ha Giang with negative 16.3%, and Bac Ninh with negative 13.8%.
135,100 firms exit
In the first nine months of this year, Vietnam welcomed 116,300 new businesses and 48,900 firms resumed operations for 165,200 new players in total, up 1.2% year-on-year.
The wholesale, retail and vehicle repair sectors recorded the highest number of new firms with 44,673, up 12.3% year-on-year; followed by manufacturing-processing with 13,861, down 5.4%; and construction with 23,456, up 2.1%.
Meanwhile, 135,100 others left the market, up 19.9% year-on-year, including 75,800 that suspended operations, 46,100 that initiated dissolution procedures and 13,200 that completed dissolution procedures.
The grouping of wholesale, retail and vehicle repair firms recorded the highest number of dissolved companies at 4,945, up 2.1% year-on-year; followed by manufacturing-processing with 1,454, down 11.1%; construction with 975, down 23.4%; and real estate businesses with 963, up 10.7%.
Retail, service revenues up 9.7%
The total revenue of retail and services sectors increased 9.7% year-on-year to VND4,567.8 trillion ($187.77 billion) in the first nine months. The 9.7% growth was significantly lower than the 20.9% recorded in the same period of 2022, but higher than the negative 0.7% and 5% in the same periods of 2020 and 2021, respectively, when the Covid-19 pandemic was at its peak.
Retail sales of VND3,572.1 trillion ($146.84 billion), up 8.4%, was the biggest revenue earner. Accommodation and restaurant services posted VND500.1 trillion ($20.56 billion), up 16%; and tourism earned VND26.5 trillion ($1.09 billion), up 47.7%, indicating a robust recovery. Other activities recorded a total revenue of VND469.1 trillion ($19.28 billion), up 11.5%.
- Read More
Vietnam's industrial production on upward trend
Vietnam's industrial production index continued to rise in the first eight months of the year, with all 34 cities and provinces recording an increase.
Economy - Sat, September 6, 2025 | 10:20 pm GMT+7
Vietnam's leading industrial park developer Becamex IDC raises $75 mln in latest bond issuance
Becamex IDC (HoSE: BCM), a leading Vietnamese industrial park developer, has raised VND2 trillion ($75.4 million) in its latest bond issuance.
Finance - Sat, September 6, 2025 | 8:35 pm GMT+7
Vietnam's FDI capital disbursement hits five-year high amid global decline
Disbursed foreign direct investment (FDI) capital in Vietnam hit $15.4 billion in Jan-August, up 8.8% year-on-year, despite declining global investment flows, the Foreign Investment Agency (FIA) reported.
Economy - Sat, September 6, 2025 | 4:30 pm GMT+7
EVNNPT leader inspects 220kV substation project progress in central Vietnam
Pham Le Phu, CEO of EVNNPT, a subsidiary of state utility Electricity Vietnam (EVN), on Thursday inspected the construction of the 220kV Chan May Substation and its associated transmission line in the central city of Hue.
Companies - Sat, September 6, 2025 | 3:42 pm GMT+7
Vietnam’s gas transmission firm PV Gas SE: a journey of creation and pride
For over two decades, Petrovietnam Gas South East Transmission Company (PV Gas SE) has stood as a lasting symbol within Petrovietnam Gas Joint Stock Corporation (PV Gas) - one of the earliest-established units closely tied to the pioneering steps of Vietnam’s gas industry.
Companies - Sat, September 6, 2025 | 3:33 pm GMT+7
Politician Anutin Charnvirakul wins vote to become new Thai PM
Thailand’s Bhumjaithai Party leader Anutin Charnvirakul has secured enough votes to become the country's new Prime Minister.
Southeast Asia - Sat, September 6, 2025 | 10:55 am GMT+7
Vietnam’s sugar productivity maintains top regional spot
In the 2024-2025 crop, Vietnam maintained its position as the regional leader in sugar productivity, reaping 6.69 tons per hectare, outpacing other major producers such as Thailand, Indonesia, and the Philippines.
Companies - Sat, September 6, 2025 | 10:53 am GMT+7
Gaming drives Vietnam tech unicorn VNG’s H1 revenue
Vietnamese tech unicorn VNG Corp (UPCoM: VNZ) reported net revenue of over VND4.8 trillion ($181.82 million) in H1, up 11% year-on-year, with gaming remaining its major contributor at VND3.59 trillion ($135.98 million).
Companies - Sat, September 6, 2025 | 10:39 am GMT+7
Hanoi gives green light to fifth metro line Van Cao-Hoa Lac
Vietnam's capital city of Hanoi has approved a plan to build the Metro Line No. 5, connecting Van Cao with Hoa Lac.
Infrastructure - Sat, September 6, 2025 | 9:02 am GMT+7
VAFIE helps Hai Phong-based firms get updates on tax policies
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) and Hai Phong's Tax Department co-organized a seminar titled “Updates on Tax Policies and International Financial Reporting Standards (IFRS)” on Friday in the northern port city.
Companies - Sat, September 6, 2025 | 8:56 am GMT+7
Vietnam coffee exports hit record high
Vietnam’s coffee industry is experiencing a breakthrough year, with exports setting new records in both volume and value.
Economy - Sat, September 6, 2025 | 8:10 am GMT+7
H&M eyes expansion in Vietnam’s wealthiest city
Fashion retail giant H&M is looking into procedures for leasing locations and opening new stores at the heart of Ho Chi Minh City, as it aims for expansion in Vietnam.
Industries - Fri, September 5, 2025 | 9:41 pm GMT+7
Vietnam Politburo’s new resolution targets national energy security through 2030
Party chief To Lam, on behalf of the Politburo, has signed Resolution 70, a strategic framework to ensure national energy security through 2030, with a vision to 2045.
Economy - Fri, September 5, 2025 | 4:23 pm GMT+7
Petrovietnam subsidiary, Malaysia’s Hibiscus Petroleum sign Heads of Agreement for Block 46/13
The Petrovietnam Exploration Production Corporation (PVEP), a subsidiary of state-owned giant Petrovietnam, and Hibiscus Oil and Gas Malaysia Limited recently signed a Heads of Agreement for Block 46/13 Production Tie-in to PM3 CAA PSC (HOA PTI).
Energy - Fri, September 5, 2025 | 3:48 pm GMT+7
Vietnam's EV maker VinFast posts 92% revenue growth in Q2
VinFast, a Vietnamese electric vehicle manufacturer (Nasdaq: VFS), reported total revenue of over VND16,609 billion ($663 million) for Q2/2025, an increase of 91.6% year-on-year and 1.9% higher than Q1.
Companies - Fri, September 5, 2025 | 3:38 pm GMT+7
Korean pharma, biotech firms eye burgeoning Vietnamese market
Pharmaceutical and biotechnology companies from South Korea are turning their attention to Southeast Asia, with Vietnam emerging as one of the most promising “pharmerging markets” in the region.
Companies - Fri, September 5, 2025 | 2:38 pm GMT+7