Vietnamplus

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

The start of the fourth quarter of the year saw the continued recovery of the Vietnamese manufacturing sector, with the country’s Manufacturing Purchasing Managers' Index (PMI) posting 51.8 in October.

The Vietnamese manufacturing sector saw an intensification of the downturn last month with Manufacturing Purchasing Managers' Index (PMI) decreasing to 32.7 as a result of the coronavirus pandemic (COVID-19).

The opening month of this year saw a modest improvement in business conditions in the Vietnamese manufacturing sector, according to a report by a London-based information services firm.

Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) posted 51.4 in August, remaining above the 50.0 no-change mark, but falling from 52.6 in July to signal a weaker overall improvement in business conditions.

Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) in February fell for the third month in a row to 51.2, according to the latest reports from Nikkei and IHS Markit.

It was a positive end for the Vietnamese manufacturing sector in 2017 with the Manufacturing Purchasing Managers’ Index (PMI) rising to 52.5 in December from November’s 51.4.