September PMI at 52.5 points

S&P Global on October 3 released its Purchasing Managers’ Index (PMI) report for Vietnam’s manufacturing industry in September, which reached 52.5 points. There were three highlights: output continued to increase sharply; inflationary pressure eased; and inventories of purchased and finished goods rose. The report shows that Vietnam’s manufacturing industry continued to maintain its growth momentum at the end of the third quarter. New orders are increasing, supporting output, employment, and purchasing activity.