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Manufacturing surge drives industrial expansion to multi-year high

Processing and manufacturing sectors are leading a robust recovery in industrial output, with production indexes climbing sharply and signaling sustained momentum across key industries. The expansion reflects broad-based strength across multiple segments of the economy.

LSN Vietnam · 9 November 2026

Industrial production has entered a period of accelerated growth, with the sector's industrial production index climbing 13 percent year-on-year and contributing 10.2 percentage points to overall industrial expansion. The manufacturing and processing segments are spearheading the advance, underscoring increasing demand and improved operational capacity across production facilities.

Mineral extraction has added supplementary momentum to the industrial surge, growing 7.1 percent and accounting for 1.1 percentage points of total industrial gains. The performance reflects sustained investment in resource-based industries and their downstream applications.

Utility and environmental services have also contributed meaningfully to growth. Electricity generation and distribution expanded 10.6 percent, contributing approximately one percentage point to industrial gains, while water supply, waste management and wastewater treatment services increased 9.2 percent. Together, these sectors demonstrate the broadening nature of industrial recovery beyond traditional manufacturing.

The multifaceted growth across processing, mining, energy and environmental sectors suggests industrial momentum is stabilizing across diverse segments of the economy, with manufacturing gains providing the foundation for sustained expansion in coming quarters.