17:00 03/02/2025

January PMI drops below tai bet880 no-change mark

Huyền Vy

Business conditions deteriorating amid renewed falls in both output and new orders.

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Business conditions in tai bet88 Vietnamese manufacturing sector deteriorated in tai bet88 opening month of 2025 amid renewed falls in both output and new orders, according to tai bet88 latest report from tai bet88 S&P Global Vietnam.

Firms responded to lower workloads by scaling back employment and reducing stocks of both purchases and finished goods. Meanwhile, tai bet88 rate of input cost inflation softened, providing some opportunity for firms to lower selling prices as part of efforts to stimulate demand.

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 48.9 in January, down from 49.8 in December and below tai bet880 no-change mark for the second successive month. The deterioration in operating conditions was modest, but slightly more pronounced than was the case in the previous survey period.

However, firms maintained an optimistic outlook for production over tai bet88 coming year, with sentiment recovering from tai bet88 19-month low posted in December. More than 36% of respondents predicted a rise in output over tai bet88 next 12 months, linked to hopes of a recovery in market demand.