In the first 4 months of 2025, the industrial production index in Ho Chi Minh City increased by 7.9% over the same period. This is the highest production level in the past 4 years of the city.
The reason for the positive results of the industrial production index , contributing to the continued growth of industrial production in Ho Chi Minh City, is that enterprises in the city proactively accelerated production progress 90 days ahead of the order schedule to limit risks, costs and unfavorable tariffs.
Specifically, the industrial production index of the whole industry in April 2025 increased by 6.6% compared to the previous month and increased by 10.8% over the same period, contributing to the increase in the industrial production index in the first 4 months of 2025 in Ho Chi Minh City.
A representative of the Ho Chi Minh City Department of Industry and Trade also said that in the first 4 months of 2025, 22/29 secondary industries had an industrial production index increase compared to the same period. Some industries with high growth rates include: printing and copying of all kinds of records; production of beds, cabinets, tables, chairs; production of rubber and plastic products; production of electrical equipment, etc.
In particular, the production index of 4 key industries in the first 4 months of 2025 increased by 7.7% over the same period; while the production index of 3 traditional industries increased by 13.6% over the same period. Some major industrial products increased sharply over the same period such as: mineral or chemical fertilizers, televisions, cement, plastic packaging, etc.
Industrial production not only contributes greatly to the growth of domestic and foreign trade but also attracts foreign investment in Ho Chi Minh City in particular and Vietnam in general over the past years. Although Vietnam’s industrial production is still facing many major challenges such as labor shortage, difficulty in determining orders, the problem of raw materials with origin according to the requirements of Free Trade Agreements (FTAs), new trade barriers of some traditional markets… but still maintains an encouraging growth rate thanks to the contribution of localities, especially the economic locomotive Ho Chi Minh City.
In particular, the information about increasing import tax rates is still circulating continuously in the US market, causing Vietnamese enterprises to face many concerns and challenges. The most important issue is how to maintain market share, as well as develop export activities to this market.