The processing and manufacturing industry continued to play a key role, rising 27.86% compared to the same period in 2025. (Photo: Production at Vina Technology Joint Stock Company, Diem Thuy Industrial Park)

According to statistics, in July 2026, the Index of Industrial Production (IIP) for the entire industrial sector is estimated to have risen 4.91% month-on-month and 27.75% compared to the same period in 2025. Of which, the processing and manufacturing industry continued to play a key role, rising 27.86% year-on-year; the mining industry rose 27.75% year-on-year.

Construction steel products of Thai Nguyen Iron and Steel Joint Stock Corporation (TISCO) meet market requirements

Notably, many manufacturing sectors continued to maintain fairly strong growth, contributing positively to the industry's overall results. Among them, the garment manufacturing industry posted the strongest gains, rising 6.76% month-on-month and 25.30% year-on-year; the metal manufacturing industry rose 3.75% month-on-month. In addition, electronic product manufacturers continued to maintain stable output, making an important contribution to the growth of the processing and manufacturing industry.

The garment manufacturing industry rose 6.76% month-on-month and 25.30% compared to the same period in 2025. (Photo: Production at TNG Investment and Trading Joint Stock Company)

On the other hand, several sectors still faced difficulties as market demand had not fully recovered. In July, the beverage manufacturing industry fell 25.17% year-on-year; the textile industry fell 42.15%; the wood processing and manufacture of wood and bamboo products industry (excluding beds, wardrobes, tables, and chairs) fell 1.31%. In addition, mining activities and some construction material manufacturing sectors remained affected by trends in the consumer market, though these constraints are being gradually addressed, creating room for these sectors to recover and contribute more positively to overall growth in the coming time.

In total, over the first seven months of 2026, the Index of Industrial Production (IIP) for the entire sector is estimated to have risen 21.02% year-on-year. This is a high growth rate, continuing to affirm the leading role of the industrial sector in the province's economic structure, while also creating an important foundation for the locality to achieve its 2026 economic growth target.