The IHS Markit Vietnam Manufacturing PMI ticked up to 52.6 in July 2019 from 52.5 in the prior month. This was the highest PMI reading in seven months, as output grew for the third month running to the fastest since last November, and new orders advanced solidly. In addition, employment rose for the third time in four months, while input buying rose sharply, and at a broadly similar pace to the previous month. Meantime, export sales increased the least in 44 months, amid ongoing global trade dispute. On the price front, input cost inflation softened for the third successive month, with some panellists citing China as a source of falling prices. Also, selling prices were reduced for the eighth month running, though the rate of decline was only marginal. Finally, manufacturers remained upbeat, amid expectations of higher new orders over the next 12 months. Manufacturing PMI in Vietnam is reported by Markit Economics.

Manufacturing PMI in Vietnam is expected to be 51.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Vietnam to stand at 51.20 in 12 months time. In the long-term, the Vietnam Manufacturing PMI is projected to trend around 50.90 in 2020, according to our econometric models.

Vietnam Manufacturing PMI
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Vietnam Business Last Previous Highest Lowest Unit
Manufacturing PMI 52.60 52.50 56.50 43.60 [+]
Industrial Production 9.70 9.60 28.40 -10.10 percent [+]
Manufacturing Production 10.40 10.60 26.30 -12.40 percent [+]
Changes in Inventories 140219.87 130578.82 140219.87 530.00 VND Billion [+]
Car Registrations 25828.00 26207.00 32511.00 2992.00 [+]
Internet Speed 9503.83 8250.20 9503.83 702.84 KBps [+]
IP Addresses 8616202.00 8120243.00 8616202.00 739771.00 IP [+]
Mining Production 4.40 4.00 14.80 -17.70 percent [+]
Competitiveness Index 58.05 57.94 58.05 4.02 Points [+]
Competitiveness Rank 77.00 74.00 77.00 56.00 [+]
Ease of Doing Business 69.00 68.00 99.00 68.00 [+]
Electricity Production 21100.00 20100.00 21100.00 671.00 Gigawatt-hour [+]
Corruption Index 33.00 35.00 35.00 24.00 Points [+]
Corruption Rank 117.00 107.00 123.00 43.00 [+]

Vietnam Manufacturing PMI

The Nikkei Vietnam Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Vietnam Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.60 52.50 56.50 43.60 2012 - 2019 Monthly

Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 46.50 Jul/19
France 49.70 Jul/19
Germany 43.20 Jul/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.40 Jul/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 50.40 Jul/19