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Vietnam's Industrial Production Grows 8.4% Amid Optimism

1/7/2025

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Summary

Story summary

Vietnam's industrial production (IIP) rose by 8.4% in 2024, consistent with the growth rate from the previous 11 months.
The manufacturing-processing sector experienced a 9.6% increase, while mining declined by 6.5%.
In Q4 2024, 77.3% of surveyed firms reported stable or improved operations.
Foreign Direct Investment (FDI) firms expressed the highest optimism about their performance.

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Story summary

Vietnam's industrial production (IIP) rose by 8.4% in 2024, consistent with the growth rate from the previous 11 months.
The manufacturing-processing sector experienced a 9.6% increase, while mining declined by 6.5%.
In Q4 2024, 77.3% of surveyed firms reported stable or improved operations.
Foreign Direct Investment (FDI) firms expressed the highest optimism about their performance.