The production index of the entire industry (IIP) in January 2025 is estimated to decrease by 9.2% compared to the previous month and increase by 0.6% compared to the same period last year. Of which, the processing and manufacturing industry increased by 1.6% compared to the same period last year; electricity production and distribution increased by 0.4%; water supply, waste management and treatment activities increased by 9.2%. The mining industry alone decreased by 10.4%.
The industrial production index in January 2025 compared to the same period last year increased in 47 localities and decreased in 16 localities across the country. Compared to the same period last year, Tra Vinh was the locality with the highest IIP index, an increase of 43.1%; Gia Lai was the locality with the IIP index with the largest decrease, down 13.8%.
Some localities with the IIP index have achieved quite high increases due to the processing and manufacturing industry; the electricity manufacturing and distribution sector has increased. On the other hand, some localities with the IIP index increased or decreased due to the processing and manufacturing industry; the mining and distribution industries increased or decreased.
Some key industrial products in January 2025 increased high compared to the same period last year: cars increased by 60.7%; TV increased by 50.1%; NPK mixture increased by 13.7%; Woven fabric from natural fiber increased by 9.6%; Fresh milk increased by 7.3%; Milk powder increased by 5.7%; Cuong wear clothes increased by 5%.
On the other hand, some products decreased compared to the same period last year: Clean coal decreased by 20%; phone components decreased by 14.1%; motorbikes decreased by 12%; diameter decreased by 10.7%; liquefied LPG decreased by 9.2%; crude oil decreased by 8.2%; chemical paint decreased by 6.8%; steel and corner steel decreased by 6.7%.
The number of workers working in industrial enterprises at January 1, 2025 increased by 0.2% compared to the same period last month and increased by 4.5% compared to the same period last year.
According to Ms. Phi Thi Huong Nga - Director of the Department of Industry and Construction Statistics (General Statistics Office), if they take advantage of the advantages, make digital conversion, faster green conversion, ensure date requirements The stricter of the international market, Vietnam can make a breakthrough in industrial growth in 2025 and the following years.
Accordingly, the electronics, electronics and component industries continue to flourish from many investment promotion activities, creating growth prospects for 2025 and subsequent years. The footwear textile and garment enterprise has orders up to the first 6 months of the year. In addition, the wood industry group has recovered significantly, continuing to have high growth.
