Industrial index in the first quarter of 2025 increased compared to many points...

In the first quarter of 2025, the index of industrial production (IIP) is estimated to increase by 11.52% over the same period last year. Specifically, in March 2025, the IIP increased by 12.86% over the previous month and 20.37% over the same period in March 2024.   These indicators show a gradual recovery and return to growth momentum, especially in the face of many external challenges.

 

 

Production workers at Phuc Khanh Industrial Park, Thai Binh city.

Industrial production value in March reached VND7,504 billion, up 31.17% over the previous month. Total production value in the first quarter reached VND24,758.8 billion, equivalent to an increase of 19.95% over the same period last year. The processing and manufacturing industry accounted for the largest proportion with VND21,641.1 billion and an increase of 22.53%. This growth not only reflects the production situation but also shows the level of investment in technology, effective management of the supply chain and improvement of production capacity of enterprises. The processing and manufacturing industry with a large proportion shows that this is the main driving force for economic growth, helping to create added value for the entire value chain.

Total retail sales of goods and consumer services revenue in March reached VND7,571 billion, up 18.5% over the same period. In the first quarter, this figure reached VND22,898.8 billion, up 16.5%. The growth in retail sales and consumer services shows that consumer confidence is recovering, while reflecting positive purchasing power and effectiveness in stimulating domestic consumption.

Export turnover in the first quarter reached 447.5 million USD, up 11.8%, while import turnover reached 332.7 million USD, up 6.8%. The increase in export turnover shows the improved competitiveness of domestic products in the international market; at the same time, it affirms the trust of trade partners.

Economic indicators in the first quarter of 2025 show a picture of multi-dimensional growth and strong economic resilience. Outstanding growth in production, industrial value, consumer retail sales and import-export activities have contributed to creating confidence for businesses and consumers.

Source: https://thaibinh.gov.vn/tin-tuc/tin-kinh-te/chi-so-cong-nghiep-quy-i-2025-tang-so-voi-nhieu-diem-sang-ti.html