In 2022，when most countries around the world were still implementing the strict-control and shutdown policy due to COVID-19，at the beginning of the new year，Vietnam had restarted domestic tourism already，and further loosened its border control and domestic restrictive measures in the second quarter，made the first move to resume production，took multiple measures to ensure export growth，improved the environment to attract foreign investment，and produced favorable results，pulled by the dual tailwind of export and investment，Vietnam industry demonstrated a robust recovery momentum in the third quarter，despite a significant slowdown in the fourth quarter，the industrial added value still increased by 7.69% for the whole year of 2022. Looking ahead to 2023，Vietnam’s outward-looking economy，driven by processing and manufacturing industry，will still be heavily influenced by external risks，and high domestic inflation and uncertainty in the financial field will certainly become the unfavourable factors in development，Vietnam industrial development will face a more complicated situation in 2023.