According to the General Statistics Office of Vietnam (GSO), the added value of the industrial sector increased by 3.02 per cent in 2023 compared to 2022. Thanks to positive trends from the second quarter onwards, by the end of 2023 the Index of Industrial Production (IIP) had witnessed growth momentum. Notably, of 33 key Level 2 industries, 21 grew during the year. Regarding industrial production in localities, 50 cities and provinces saw their IIP rise during 2023.