Vietnam: Industrial production speeds up in April
Latest reading: Industrial production was up 9.9% on a year-on-year basis in April, following a 6.9% increase in the prior month.
Relative to the previous month’s data, readings in April improved for manufacturing (+10.0% on a year-on-year basis vs +7.5% in March), electricity (+10.9% vs +4.6% in March) and mining and quarrying (+7.6% vs +2.5% in March). In contrast, the reading for water supply worsened in April (+7.0% vs +12.1% in March).