Sustaining industrial production momentum

(ĐN)- Industrial production, especially in manufacturing and processing, continues to be a key driver of economic growth. Despite global uncertainties, Vietnam's Index of Industrial Production (IIP) rose 9.4% in May, with a 5-month increase of 8.8%. The manufacturing sector alone grew 9.3%.

In Dong Nai, IIP in May jumped 13.6% year-on-year, with a cumulative 5-month growth of 9.3%. Export value also surged, with Vietnam reaching a record $39.6 billion in May exports and $180.23 billion over five months, up 14% year-on-year. Đồng Nai contributed $10.8 billion in exports, up 16.3%.

Enterprises are proactively expanding markets. The textile industry now exports to 132 countries, while domestic rubber producers benefit from global supply shortages and rising prices. Coffee firms, like Lacote Vietnam, are adjusting to global demand and higher export values.

Authorities are supporting businesses with market access, branding, and supply chain optimization, while helping them leverage free trade agreements to maintain export momentum through 2025.

Reported by V.Gia