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Manufacturing reports modest growth but trends are concerning

Manufacturing reports modest growth but trends are concerning

Việt Nam’s manufacturing sector continued to show improvement in November, with the Purchasing Managers’ Index (PMI) staying above the 50-point threshold for a second consecutive month of robust business activities.
Production, new orders expanded in August: PMI

Production, new orders expanded in August: PMI

Vietnamese manufacturers registered further expansions in output and new orders in August with the S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) at 52.4.
New order growth surges to near-record high: PMI

New order growth surges to near-record high: PMI

The improvement was the joint-strongest since November 2018, equal with those seen in April 2021 and May 2022.
Output growth quickens amid sustained rise in new orders: PMI

Output growth quickens amid sustained rise in new orders: PMI

The S&P Global Vietnam Manufacturing Purchasing Managers'' Index (PMI) was unchanged at 50.3 in May, signalling a second consecutive marginal monthly improvement in business conditions in the sector.
Production returns to growth on higher new orders: PMI

Production returns to growth on higher new orders: PMI

“The solid expansion in new orders helped lead to a return to growth of manufacturing production in Việt Nam,” S&P said in a press release on Thursday.
Production dips for first time in three months: PMI

Production dips for first time in three months: PMI

The index signalled an end to the two-month period of improving business conditions at the start of 2024, but pointed to broadly unchanged operating conditions overall. 
Purchasing power is projected to increase by about 10% during Lunar New Year 2024

Purchasing power is projected to increase by about 10% during Lunar New Year 2024

Even in a difficult economic context, it is expected that purchasing power during this year''s Lunar New Year could increase by over 10 per cent compared to the same period last year.
SP Global: Việt Nams PMI declines slightly amid pick-up in demand

S&P Global: Việt Nam's PMI declines slightly amid pick-up in demand

It was the second straight month of decline in factory activity, as output continued to shrink while new orders grew the least in the current sequence of expansion.
September PMI falls slightly despite increase in new orders

September PMI falls slightly despite increase in new orders

S&P Global said that after improving in August, overall business conditions in the Vietnamese manufacturing sector declined marginally in September.
PMI back above 50 mark for first time in six months

PMI back above 50 mark for first time in six months

Việt Nam''s manufacturing sector returned to growth in August as some signs of recovery in demand supported renewed increases in both new orders and production, according to the S&P Global Việt Nam Manufacturing Purchasing Managers'' Index™ (PMI).
PMI recovers slightly, but still below threshold of 50 points

PMI recovers slightly, but still below threshold of 50 points

Total new business was down for the fourth successive month, and at a solid pace which was nonetheless much softer than that seen in May.
Retailers catch up with increasing shopping demand by year-end

Retailers catch up with increasing shopping demand by year-end

According to the General Statistics Office (GSO), local purchasing power had strongly rebounded in the past 10 months of 2022. This positive recovery is expected to drive retail market growth in the last quarter of the year.
Four-month purchasing power rebound facilitates business recovery

Four-month purchasing power rebound facilitates business recovery

Domestic purchasing power has rebounded after a strong decline caused by the COVID-19 pandemic. That rebound has facilitated businesses to step up production and seize new opportunities, experts have said. 
Viet Nams manufacturing sector hit by wave of COVID-19 infections

Viet Nam’s manufacturing sector hit by wave of COVID-19 infections

The Vietnam Manufacturing Purchasing Managers'' Index (PMI) ped to 51.7 in March from 54.3 in February, as the latest wave of the COVID-19 pandemic led to widespread labour shortages in the manufacturing sector during March, according to S&P Global.
Viet Nams manufacturing recovery continues in February

Viet Nam’s manufacturing recovery continues in February

The Vietnamese manufacturing sector remained in recovery mode in February, seeing growth accelerate further and confidence maintained, according to IHS Markit.