Vietnam's manufacturing PMI increased to 50.3 in April, signaling marginal expansion and rising new orders.
Vietnam's manufacturing sector showed growth in new orders in April, as reported by S&P Global Market Intelligence. The S&P Global Vietnam manufacturing PMI increased to 50.3, indicating marginal expansion in the sector's health. The rise in new orders led to increased production, while input costs rose at a subdued pace, allowing manufacturers to offer discounts to customers. However, firms reduced employment for the first time in three months due to recent weak demand conditions.
May 02, 2024
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