Vietnam Manufacturing Growth Picks Up

2026-11-02 01:00 By Czyrill Jean Coloma 1 min. read

Vietnam’s S&P Global Manufacturing PMI rose to 52.3 in October 2026, picking up from a three-month low of 51.9 in the previous month.

Manufacturing output expanded for another month, supported by stronger customer demand and continued growth in new orders.

However, the pace of expansion eased to a six-month low, with some manufacturers reporting that difficulties sourcing raw materials had constrained production.

Meanwhile, supplier delivery times lengthened to their greatest extent since April, largely due to higher fuel costs and adverse weather conditions.

On the price front, input cost inflation rose for a second straight month to its fastest pace since June, but remained well below the spike recorded following the outbreak of the Middle East war.

Manufacturers subsequently raised selling prices at a faster pace.

Lastly, business confidence climbed to an eight-month high, reflecting optimism over improved raw material availability and further strengthening in market conditions.



News Stream
Vietnam Manufacturing Growth Picks Up
Vietnam’s S&P Global Manufacturing PMI rose to 52.3 in October 2026, picking up from a three-month low of 51.9 in the previous month. Manufacturing output expanded for another month, supported by stronger customer demand and continued growth in new orders. However, the pace of expansion eased to a six-month low, with some manufacturers reporting that difficulties sourcing raw materials had constrained production. Meanwhile, supplier delivery times lengthened to their greatest extent since April, largely due to higher fuel costs and adverse weather conditions. On the price front, input cost inflation rose for a second straight month to its fastest pace since June, but remained well below the spike recorded following the outbreak of the Middle East war. Manufacturers subsequently raised selling prices at a faster pace. Lastly, business confidence climbed to an eight-month high, reflecting optimism over improved raw material availability and further strengthening in market conditions.
2026-11-02
Vietnam Manufacturing Sector Hits 3-Month Low
The S&P Global Vietnam Manufacturing PMI fell to 51.9 in September 2026 from a six-month high of 53.3 in the previous month, marking its lowest reading since June. The manufacturing sector remained in expansion territory, though growth moderated as output rose at a slower pace and new orders increased at the weakest rate of the current five-month growth streak. Employment also posted its second reduction in as many months, with firms citing staff resignations and ongoing restructuring efforts. Moreover, supplier delivery times lengthened modestly, reflecting disruptions to international shipping and unfavorable weather conditions. On the price front, input cost inflation picked up slightly from August, while output price inflation slowed for a fifth straight month and was the weakest since June 2025. Finally, business sentiment rose to its strongest level since February, underpinned by expectations of more favorable market conditions and the planned introduction of new products.
2026-10-01
Vietnam Manufacturing Growth Hits 6-Month High
The S&P Global Vietnam Manufacturing PMI rose to 53.3 in August 2026 from 52.9 in July, marking its highest level since February and signaling a further strengthening of factory activity. Manufacturing output expanded for a sixteenth consecutive month and at its fastest pace in more than two years. In addition, new orders grew at the strongest rate since October 2025, reflecting robust demand conditions. Meanwhile, employment declined for the fifth time in the past six months, as firms cited retirements and a reduced reliance on temporary workers. On the price front, input cost inflation eased from July's eleven-month high, while output price growth also moderated, extending a four-month trend of softer selling-price inflation. Business sentiment remained positive, though confidence eased slightly from July. Manufacturers remained optimistic about the outlook, supported by new product launches, capacity expansions, and expectations of stronger customer demand.
2026-09-03