Update news PMI
Vietnam's Manufacturing Purchasing Managers' Index (PMI) dropped to a five-month low of 47.3 in November from 49.6 in October, according to international independent credit rating data source and index provider Standard & Poor’s Global (S&P Global).
Vietnam’s Manufacturing Purchasing Managers' Index (PMI) dropped slightly in October, posting 49.6 amid muted new order growth, according to the latest figures reportedly released by S&P Global on November 1.
The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 49.7 in September, compared to 50.5 in August, despite the second successive monthly increase in new orders.
Vietnam'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 Vietnam Manufacturing Purchasing Managers' Index™ (PMI).
The Vietnam Manufacturing Purchasing Managers' Index (PMI) rose to 48.7 in July from 46.2 in June, according to S&P Global - the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets.
Manufacturers in Vietnam continued to struggle in the face of weak market demand as the second quarter drew to a close. Output and new orders fell again, with the former in part reflecting power outages caused by heatwaves, according to S&P Global.
A recently released survey by S&P Global indicates that the Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 46.7 in April from 47.7 recorded in March.
Firms are increasingly confident about the year-ahead outlook.
While the Vietnamese economy remains one of the better performers globally, there are significant headwinds that could prevent a return to the stellar growth rates seen pre-pandemic in the near-term at least.
The Vietnamese manufacturing sector ended the year 2020 in growth territory as business conditions improved following disruptions caused by a succession of storms in November, with output, new orders and employment all increasing in December,
Despite a drop in output in July, firms remained confident in the 12-month outlook for production.
Vietnam's manufacturing sector still felt the effects of COVID-19 in May, although contraction was softer than in April as the virus was brought under control.
The sector saw a softer contraction than in April as the Covid-19 pandemic was brought under control in Vietnam.
The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell sharply to 41.9 in March from 49.0 in February, a survey by IHS Markit and Nikkei released on April 1 showed.
The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell below the 50.0 no-change mark in February, signalling a deterioration in business conditions, a survey of IHS Markit and Nikkei released on Monday showed.