The Vietnamese manufacturing sector in October started to recover from the effects of September's Typhoon Yagi, recording renewed increases in both output and new orders, according to S&P Global.
Vietnam’s industrial production has continued its rosy signs since late 2023, promising a bright prospect for the country in the time ahead, Deputy Minister of Industry and Trade Phan Thi Thang said at the Government’s regular press conference in Hanoi on August 5.
The Purchasing Managers' Index (PMI) of the Vietnamese manufacturing sector rebounded above the 50.0 no-change mark, fostering hopes for a stable climate in which businesses can prosper.
Vietnam witnessed the establishment of 22,128 enterprises in the first two months of the year with combined registered capital of nearly 219 trillion VND (8.88 billion USD), according to the Ministry of Planning and Investment’s Business Registration Management Agency.
After having shown signs of recovery in the previous month, the Vietnamese manufacturing sector took a step back in March, according to S&P Global - the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets.
Singapore’s purchasing managers' index (PMI), an early indicator of manufacturing activity, decreased 0.1 point from the previous month to 49.9 in September.
Factory activity in Indonesia fell to its lowest level ever in the second quarter, as the COVID-19 pandemic caused a slump in demand and disrupted supply chains, according to a survey conducted by the Bank Indonesia (BI).
The Purchasing Managers' Index (PMI) that gauges manufacturing conditions in Singapore slumped to an 11-year low in April, as firms struggled with order cancellations as a result of global coronavirus containment measures.
Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) rose to 52.5 in June after dropping to the lowest level in 14 months. The result represents the improvement of manufacturing sector.
Singapore’s Purchasing Managers' Index (PMI) - an indicator of manufacturing activity – hit 51.1 in April, a slight decrease from March's 51.2 reading.
The Purchasing Managers' Index (PMI) of Vietnam dipped to 50.3 in February, down from 51.5 in January, but remained above the 50.0 no-change mark, according to a Nikkei report released on March 1.
