Industrial production in 11 months recorded an increase of 9.3%

Industrial production index increased in all 34 localities.

According to the socio-economic report for November and 11 months of 2025 announced by the General Statistics Office ( Ministry of Finance ) on the morning of December 6, industrial production in November continued to maintain a positive growth trend as businesses increased production to prepare goods to serve domestic consumption and export needs at the end of the year. The industrial production index in November increased by 2.3% compared to the previous month and by 10.8% compared to the same period last year. In the 11 months of 2025, the industrial production index increased by 9.3% compared to the same period last year.

*Industrial production in November 2025 accelerated, maintaining strong recovery momentum*

Notably, the index of industrial production (IIP) in November increased by 2.3% compared to the previous month and by 10.8% compared to the same period last year. Of which, the processing and manufacturing industry increased by 11.8% compared to the same period last year; the mining industry increased by 7.0%; the water supply, waste and wastewater management and treatment industry increased by 6.5%; and electricity production and distribution increased by 5.8%.

In the first 11 months of 2025, IIP increased by 9.3% over the same period last year (increased by 8.3% in the same period in 2024). Of which, the processing and manufacturing industry increased by 10.6% (increased by 9.6% in the same period in 2024), contributing 8.5 percentage points to the overall increase; the water supply, waste and wastewater management and treatment industry increased by 8.4% (increased by 10.2% in the same period in 2024), contributing 0.1 percentage point; the electricity production and distribution industry increased by 6.5% (increased by 9.8% in the same period in 2024), contributing 0.6 percentage points; the mining industry increased by 0.9% (decreased by 6.7% in the same period in 2024), up 0.1 percentage point.

In addition, the industrial production index in 11 months of 2025 of some key secondary industries increased compared to the same period last year: Production of motor vehicles increased by 22.0%; production of other non-metallic mineral products increased by 16.5%; production of rubber and plastic products increased by 16.4%; metal production increased by 15.5%; garment production increased by 13.5%; production of prefabricated metal products (except machinery and equipment) increased by 12.6%; production of paper and paper products increased by 11.6%; production of leather and related products and production of chemicals and chemical products both increased by 11.2%; production of coke and refined petroleum products increased by 10.6%; food processing production increased by 10.5%; production of beds, cabinets, tables and chairs increased by 10.1%; Production of electronic products, computers and optical products increased by 8.5%.

In addition, the industrial production index in the first 11 months of 2025 compared to the same period last year increased in all 34 localities. Some localities had a fairly high increase in the IIP index thanks to the processing and manufacturing industry; the electricity production and distribution industry increased.

Some key industrial products in the first 11 months of 2025 increased compared to the same period last year: Automobiles increased by 37.4%; televisions increased by 19.0%; rolled steel increased by 18.5%; aquatic feed increased by 14.8%; casual clothes increased by 14.2%; cement increased by 14.1%; leather shoes and sandals increased by 12.8%; diameter increased by 12.3%; NPK mixed fertilizer increased by 11.9%; chemical paint increased by 10.9%. On the contrary, some products decreased compared to the same period last year: Gaseous natural gas decreased by 5.9%; synthetic fiber textiles decreased by 1.8%.

Focus on solutions, maintain growth in the last month of the year

Previously, the Vietnam Manufacturing Purchasing Managers' Index (PMI) report for November 2025 published by S&P Global showed a quite positive picture.

Accordingly, the PMI index in November reached 53.8 points, lower than the 54.5 points in October but still firmly above the 50-point threshold. This result shows that business conditions continue to improve and the manufacturing industry maintains its recovery momentum for the fifth consecutive month.

Output and new orders continued to rise in November, although at a slower pace than the previous month, according to S&P Global. Meanwhile, new export orders increased at a faster pace, reaching the fastest pace in 15 months, with demand improving markedly from mainland China and India. This is a sign that external demand is gradually recovering, contributing to the traction of production growth at the end of the year.

The outlook for manufacturing in the coming year remains positive, with nearly half of the firms surveyed expecting output to rise, with optimism at a 17-month high. Expectations of improved demand, particularly export orders, and more stable weather conditions were key drivers of sentiment.

Andrew Harker, chief economist at S&P Global Market Intelligence, said that the strong growth seen in October “was largely sustained” in November. “ Despite the disruption from the storm, Vietnam’s manufacturing sector has shown a clear foundation for recovery and has the potential to continue growing in the coming months as companies catch up with delayed projects ,” he said.

From now until the end of the year, the Ministry of Industry and Trade said it will focus on boosting industrial production, ensuring stable supply of electricity, coal, and gasoline; closely monitoring market developments, and flexibly managing prices to control inflation. Along with that, the Ministry will continue to remove difficulties for businesses, promote exports, expand domestic consumption markets, strengthen inspections, and handle smuggling and trade fraud. At the same time, it will vigorously implement key energy projects, perfect the legal framework, and accelerate public investment progress to maintain growth momentum.

The manufacturing sector, specifically industry, will continue to be one of the important "locomotives" of the economy. If growth drivers are effectively promoted and risks are well controlled, the industry sector can completely create a solid foundation for the GDP growth target of 8% in 2025.

According to the General Statistics Office, the number of employees working in industrial enterprises as of November 1, 2025 increased by 1.0% compared to the same period last month and increased by 3.7% compared to the same period last year. Of which, the corresponding rate of State-owned enterprises increased by 0.1% compared to the same period last month and increased by 1.5% compared to the same period last year; foreign-invested enterprises increased by 1.3% and increased by 4.5%; non-State enterprises increased by 0.7% and increased by 1.9%.
By industry, the number of employees working in mining enterprises remained unchanged compared to the same period last month and increased by 1.6% compared to the same period last year; the number of employees in the processing and manufacturing industry increased by 1.1% and 3.9%; the production and distribution of electricity, gas, hot water, steam and air conditioning remained unchanged and increased by 1.9%; the water supply, waste and wastewater management and treatment industry increased by 0.3% and 1.9%.

Source: https://congthuong.vn/san-xuat-cong-nghiep-11-thang-ghi-nhan-muc-tang-9-3-433601.html