Vietnam's manufacturing PMI rose to 54.7 in Q2, indicating a strong acceleration and record-high new orders.
Vietnam's manufacturing sector witnessed a strong acceleration in Q2, with the S&P Global Vietnam Manufacturing PMI rising from 50.3 in May to 54.7 in June, indicating one of the fastest expansion rates. New orders increased at a record pace, leading to higher output, new export orders, and a three-month high in confidence for future manufacturing output. However, increased transportation costs led to a two-year high in input price inflation.
July 01, 2024
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