GDP contribution of manufacturing in Vietnam 2015-2019

In 2019, Vietnam's manufacturing sector accounted for 16.48 percent of the country's total GDP, reaching a value of 995.13 trillion Vietnamese dong. In that year, Vietnam's GDP grew by 6.5 percent to a GDP of about 261.64 billion U.S. dollars.

Manufacturing sector in Vietnam

The production index of the manufacturing sector has steadily increased in the last years together with the share of employed people. About 18 percent of employed people have worked in the manufacturing sector in 2018. The country registered around 16.2 thousand new businesses in the sector in that year. During that time, the sector has also benefitted from investments at about 518 trillion Vietnamese dong. Overall, the industry sector contributes the largest share to the country’s GDP.

Vietnam’s economic development

Vietnam is a developing country in Southeast Asia. Since its economic reform in 1986, it has become one of the fastest growing economies by more than doubling its GDP from 2010 to 2018. The GDP per capita increased by 2.5 times while poverty rates declined. With high foreign investment inflows and productivity growth, the country belongs to the so-called Tiger cubs.

GDP contribution of the manufacturing sector in Vietnam from 2015 to 2019

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Release date

December 2019



Survey time period

2015 to 2019

Special properties

figures at current prices

Supplementary notes

* Preliminary figure.

One thousand Vietnamese dong equals 0.043 U.S. dollars and 0.040 euros (as of May 2020).

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