AsemconnectVietnam - In the first 2 months, the industrial production index of the whole industry increased by 7.2% compared to the same period last year. Notably, the processing and manufacturing industry increased by 20% compared to the same period last year.

Industrial production index increased by 7.2%
According to the latest report on the socio-economic situation in February of 2025 announced by the General Statistics Office on March 6, the industrial production in February of 2025 was estimated to decrease by 2.2% compared to the previous month; increased by 17.2% compared to the same period last year.
In the first 2 months of 2025, the industrial production index of the whole industry (IIP) increased by 7.2% compared to the same period last year.
Notably, in February of 2025, the production index of the processing and manufacturing industry increased by 20% compared to the same period last year; electricity production and distribution increased by 9.9%; water supply, waste and wastewater management and treatment activities increased by 13.9%; the mining industry alone increased by 0.4%.
In the first two months of 2025, IIP was estimated to increase by 7.2% over the same period last year (increased by 6.5% in the same period in 2024). Of which, the processing and manufacturing industry increased by 9.3% (increased by 6.6% in the same period in 2024), contributing 7.9 percentage points to the overall increase; electricity production and distribution increased by 2.3% (increased by 13.7% over the same period of 2024), contributing 0.2 percentage points; water supply, waste and wastewater management and treatment activities increased by 8.0% (increased by 1.4% in the same period in 2024), contributing 0.1 percentage points; the mining industry decreased by 6.4% (the figure of the same period of 2024 decreased by 1.9%), reducing the overall growth rate by 1%.
In particular, the industrial production index in the first two months of 2025 of some key secondary industries increased compared to the same period last year, such as the production of motor vehicles increased by 53.5%; production of leather and related products increased by 22.5%; production of beds, cabinets, tables and chairs increased by 19.8%; production of costumes increased by 15.3%; wood processing and production of products from wood, bamboo, rattan, etc. increased by 12.5%; textiles increased by 12.2%; production of other means of transport increased by 12.1%; production of rubber and plastic products increased by 11.3%; production of electronic products, computers and optical products increased by 9.5%; food processing increased by 7.4%.
On the contrary, the IIP index of some industries decreased compared to the same period last year, such as crude oil and natural gas exploitation decreased by 12.0%; production of drugs, pharmaceutical chemicals and medicinal materials decreased by 10.4%; production of coke, refined petroleum products decreased by 3.6%; production of tobacco products decreased by 2.8%; production of electrical equipment decreased by 1.7%.
Industrial production increased in 58 localities
The industrial production index in the first two months of 2025 compared to the same period last year increased in 58 localities and decreased in 5 localities nationwide. Some localities had a fairly high IIP index due to the processing and manufacturing industry; the electricity production and distribution industry increased highly.
On the contrary, some localities had a low or decreasing IIP index due to the processing and manufacturing industry; the mining industry and the electricity production and distribution industry increased low or decreased.
Some key industrial products in the first two months of 2025 increased compared to the same period last year, such as automobiles increased by 106.5%; televisions increased by 58.1%; natural fiber fabrics increased by 18.0%; motorbikes increased by 17.9%; casual clothes increased by 14.0%; leather shoes and sandals increased by 9.2%; aquatic feed increased by 7.2%; NPK mixed fertilizer increased by 6.9%; cement increased by 6.6%.
On the contrary, some products decreased compared to the same period last year, such as gaseous natural gas decreased by 15.8%; crude oil decreased by 8.1%; LPG decreased by 7.9%; gasoline decreased by 4.5%; rolled steel decreased by 3.0%; cigarettes decreased by 2.8%.
CK
Source: VITIC/congthuong.vn