Nghe An rises to 4th place in the country in terms of Industrial Production Index in the first 8 months of 2025

The General Statistics Office, Ministry of Finance has just announced socio-economic data for the first 8 months of 2025, in which Nghe An continues to make a strong breakthrough when ranking 4th in the country in terms of growth rate of Industrial Production Index (IIP), up 2 places compared to the results of the first 7 months of the year.

Nghe An ranked 4th out of 34 provinces and cities in terms of industrial production index growth rate during the first 8 months of 2025. Source: Vietnam National Statistics Office. Graphics: Thanh Duy

According to estimates, Nghe An's Industrial Production Index (IIP) increased by more than 16.4% in the first eight months; in August alone, it increased by as much as 19.54% compared to the same period last year.

Broken down by sector, the mining industry grew by 18.31%; the manufacturing industry grew by 15.19%.

Electricity, gas, hot water, steam, and air conditioning production and distribution increased by 27.56%; while the water supply, waste management, and wastewater treatment sectors also increased by 10.45% compared to the same period last year.

The key driving force behind Nghe An's impressive results comes not only from traditional sectors but also from a new wave of investment, with many large-scale projects already in operation.

Notable examples include: Luxshare - ICT Nghe An Project (US$151.5 million); Ju Teng Electronic Components and Automotive Parts Manufacturing Plant Investment Project (US$200 million); Everwin Precision Technology (Vietnam) Co., Ltd. Project (US$165 million); and Tan Viet Metal Science and Technology Plant Project of Yongjin Vietnam Metal Science and Technology Co., Ltd. (US$125.2 million).

To maintain overall growth momentum and the Industrial Production Index (IIP) in particular, the People's Committee of Nghe An province, at its recent regular meeting, identified the need to focus on accelerating the progress of a series of projects with a total investment of billions of USD to ensure their early operation.

Notable projects include: Luxcase Precision Technology Co., Ltd. (Vietnam) project ($473 million); Luxshare - ICT (Nghe An) 2 project ($358.5 million); and Innovation Precision Vietnam Co., Ltd. project ($165 million).

The Radiant Opto-Electronics Vietnam Nghe An Factory Project (US$145 million); the Goertek Vina Precision Industry Co., Ltd. Factory for manufacturing electronic products, network equipment and multimedia audio products (US$325 million); and the Fu Wing Interconnect Technology Co., Ltd. (Nghe An) Project (US$200 million).

The projects include: the Sunny Automotive Quang Hoc Vina new facility investment project (US$150 million); and the Runergy Technology (Vietnam) Co., Ltd. single-crystal silicon wafer and semiconductor wafer manufacturing plant project (US$440 million).

Beyond attracting investment, Nghe An province also focuses on developing its product markets. The province promotes trade promotion programs, connects supply and demand, boosts e-commerce, and links domestic market development with the "Vietnamese people prioritize using Vietnamese goods" campaign.

Simultaneously, efforts to expand and diversify export markets are being aggressively implemented to create sustainable outlets for industrial products. In particular, ensuring electricity supply for production and daily life by 2025 is identified as a key task to maintain growth momentum.

Rising to 4th place nationwide in the Industrial Production Index is a crucial foundation for the province to continue its breakthroughs in the final stages of the term, especially in achieving the growth target of 9.5 to 10.5% this year; and at the same time, making a positive contribution to the overall growth of the national economy .

Source: https://baonghean.vn/nghe-an-vuon-len-thu-4-ca-nuoc-ve-chi-so-san-xuat-cong-nghiep-8-thang-nam-2025-10305984.html