Hanoi, March 9 -- Vietnam's industrial production maintained strong growth in the first two months of 2026 despite fewer working days due to the Lunar New Year (Tet) holiday, with the processing and manufacturing sector continuing to serve as the key growth driver.

According to the National Statistics Office (NSO) under the Ministry of Finance, the index of industrial production (IIP) in February was estimated to decrease 18.4% from the previous month but increase 1% year on year. Overall, in the January-February period, the IIP rose 10.4% compared with the same period last year.

In February, production in the processing and manufacturing sector grew 2.3% year on year. Meanwhile, mining declined 5.3%, water supply and waste management f...