AsemconnectVietnam - The Vietnam Manufacturing Purchasing Managers' Index (PMI) reached 48.9 points in January of 2025.

On the morning of February 3, 2025, S&P Global released the Vietnam Manufacturing Purchasing Managers' Index (PMI) report for January of 2025. There were 3 highlights: output and new orders fell again; sales prices fell for the first time in 9 months and employment fell at the fastest rate since May of 2024.
What are the 3 highlights of Vietnam's manufacturing industry in January 2025?
New orders fell for the first time in four months
Business conditions in Vietnam’s manufacturing sector deteriorated in the first month of 2025 as both output and new orders fell again, according to S&P Global. Firms responded to the decline in workload by cutting jobs and reducing inventories of both purchased and finished goods. Meanwhile, the pace of input cost inflation slowed, giving firms room to cut prices in an effort to stimulate demand.
The Vietnam Manufacturing PMI posted 48.9 in January of 2025, down from 49.8 in December of 2024 and below the 50-point threshold for the second consecutive month. The deterioration in operating conditions was moderate, but slightly more marked than in the previous survey.
CK
Source: VITIC/congthuong.vn