Vietnam factory output up in Feb despite drop in smartphone production

In the first two months of the year, industrial production was down 6.3% compared to the same period last year. Footwear production rose by nearly 19% in February on the year and exports climbed 4.1%, after a big fall in January. In total, Vietnam’s exports rose sharply in February to $25.88 billion, after a 21.3% fall in January. In the first two months of the year, industrial production was down 6.3% compared to the same period last year. In total, Vietnam’s exports rose sharply in February to $25.88 billion, after a 21.3% fall in January.