Industrial production in November continued to maintain the growth trend.

Industrial production continues to grow. (Photo: THANH DAT)

According to the report of According to the General Statistics Office, Ministry of Finance , the industrial production index (IIP) in November is estimated to increase by 2.3% over the previous month and by 10.8% over the same period last year. In which, the industry processing, manufacturing increased by 11.8% over the same period last year; mining industry increased by 7.0%; water supply, waste and wastewater management and treatment industry increased by 6.5%; electricity production and distribution increased by 5.8%.

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

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%.

Growth and decrease rates of IIP index in the eleven months of 2021-2025 compared to the same period last year of some key industries. (Source: General Statistics Office)

The General Statistics Office, Ministry of Finance said that the industrial production index in the first 11 months of 2025 increased compared to the same period last year 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.

On the contrary, some localities have low IIP growth due to low growth or decrease in processing and manufacturing industry; mining industry and electricity production and distribution industry.

IIP growth and decline rate in the first eleven months of 2025 compared to the same period last year of some localities (%). (Source: General Statistics Office)

According to statistics, 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%.

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