Vietnam’s industrial output rises 15 per cent in October

Vietnam’s industrial production index was estimated to have risen 15 per cent year on year in October and 2.3 per cent from September, according to the National Statistics Office under the Ministry of Finance.

Manufacturing and processing provided the largest contribution to industrial growth over the first 10 months. The sector expanded 13 per cent, adding 10.2 percentage points. Electricity generation and distribution increased 10.6 per cent, while mining grew 7.1 per cent, contributing 1 percentage point and 1.1 percentage points respectively.

Among manufacturing subsectors, metals output rose 25.6 per cent over the 10-month period. Beverages increased 17.5 per cent, while electronic products, computers and optical products grew 15.2 per cent. Motor vehicle manufacturing expanded 14.6 per cent. By contrast, hard coal and lignite extraction fell 0.6 per cent.

Individual product figures showed tablet output rising 36.6 per cent, motorcycle production increasing 26.8 per cent and laptop output gaining 25.9 per cent. Automobile production grew 25.1 per cent. Output declined for monosodium glutamate, NPK compound fertiliser, televisions and liquefied petroleum gas.

Industrial production increased in 33 localities during the first 10 months, but fell 5 per cent in Son La. Ha Tinh recorded manufacturing and processing growth of 41.1 per cent, followed by Quang Ninh at 34.2 per cent.

Employment at industrial enterprises was 3.2 per cent higher year on year as of October 1, 2026, and 0.8 per cent above the previous month. Manufacturing and processing employment rose 3.4 per cent from a year earlier, while mining employment declined 2.3 per cent.