Vietnam: Industrial output growth picks up pace in April
Latest reading: Industrial output grew 8.8% compared to the same month of the previous year in April, accelerating from March’s 8.6% rise. The pickup was chiefly driven by faster growth in manufacturing output. In contrast, energy production lost some steam.
Meanwhile, the trend improved modestly, with the annual average growth of industrial production coming in at 9.3% in April, up from March’s 9.1% reading.