Vietnam Manufacturing PMI increased in February
Sunday, March 9,2025
AsemconnectVietnam - Vietnam Manufacturing PMI rose to 49.2 in February of 2025, up from a four-month low of 48.9 in the previous month.
This slight increase was attributed to a modest contraction in new orders, which had declined for the first time in four months in January due to subdued demand both domestically and internationally.
The production continued to decrease for the second consecutive month.
The employment dropped for the fifth month in a row, although the decline eased compared to January of this year. On the pricing front, manufacturers reduced their selling prices for the second successive month, responding to weaker demand and easing cost inflation.
The business confidence improved for the second straight month, reaching its highest level since June of 2024, with firms hoping that stable economic conditions will support a recovery in new orders and production growth in the months ahead.
CK
Source: VITIC/tradingeconomics.com
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