Textile

Vietnam's IIP rises 0.7% MoM, 10.9% YoY in Jun 2024: Govt estimates

30 Jun '24
1 min read
 Vietnam's IIP rises 0.7% MoM, 10.9% YoY in Jun 2024: Govt estimates
Pic: Adobe Stock

Insights

Vietnam’s index of industrial production (IIP) in June was estimated to have risen by 0.7 per cent month on month (MoM) and 10.9 per cent year on year (YoY), according to the general statistics office (GSO).

The index for processing and manufacturing industry increased by 12.6 per cent YoY, and the one for the electricity production and distribution industry increased by 13.7 per cent YoY.

Production of leather and related products increased by 15.4 per cent YoY in June.

Fibre2Fashion News Desk (DS)