According to S&P Global, Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) rose to 49.8 in May from 45.6 in April, remaining just below the 50-point threshold. The reading signals a near-return to stable operating conditions.
Vietnam’s manufacturing sector expanded sharply at the end of the second quarter with new orders rising at one of the fastest rates on record, prompting firms to ramp up production and purchasing activity, according to S&P Global.
Vietnam’s Manufacturing Purchasing Managers' Index (PMI) recorded a return to growth in early 2024, driven by an improved economic outlook that led to an increase in new orders, S&P Global has reported.
The southern province of Dong Nai posted a trade surplus of over 5.4 billion USD with its export earnings and import turnover reaching more than 19.7 billion USD and over 14.3 billion USD in the first 11 months of 2023, respectively.
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).
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).
Vietnam's manufacturing industry remained in contraction territory in July but showed some signs of stabilisation as softer declines were seen in output, new orders and employment while business confidence picked up, according to S&P Global.
Singapore’s purchasing managers’ index (PMI), an early indicator of manufacturing activity, posted a reading of 51.5 points in August, the highest figure since November 2014, reported the Singapore Institute of Purchasing and Materials Management (SIPMM).
The Vietnamese Purchasing Managers' Index (PMI) increased to 51.5 in January from 51.3 in the previous month, according to a Nikkei report released on February 1.
The Purchasing Managers' Index (PMI) in Vietnam, an indicator of manufacturing performance, increased from 49.4 in November to 51.3 in December, according to a Nikkei report, released early this week.