(VOVWORLD) - Vietnam's Industrial Production Index (IIP) for the first two months of 2026 climbed 10.4% against the same period last year, said the National Statistics Office (NSO) in a socio-economic performance report released on Friday.
 (Illustrative photo: VOV) |
Total import-export turnover also rose 22% to nearly 156 billion USD in the same period. Export turnover alone saw an 18.3% increase year-on-year.
As the global oil price hike is putting pressure on inflation control and exchange rates, the State Bank of Vietnam will ensure that credit management is in line with macroeconomic developments, said Deputy Governor Pham Thanh Ha.
"We will continue to manage exchange rates flexibly and in line with market conditions, coordinate our monetary policy tools to help stabilize the market, and ensure that the foreign exchange market operates smoothly. We will continue to simplify credit procedures, strengthen digital transformation, and improve access to bank credits for businesses and individuals," he said.
Vietnam recorded more than 6 billion USD in registered foreign direct investment (FDI) as of last month, a moderate year-on-year decrease, but implemented capital increased significantly.