Vietnam's manufacturing PMI rose to 52.8 points.

VTV.vn - The health of Vietnam's manufacturing sector continued to improve in May 2026, marking the 11th consecutive month that business conditions have maintained a positive trend.

Vietnam's manufacturing PMI rose to 52.8 points.

Vietnam's manufacturing sector continued to improve in May 2026, marking the 11th consecutive month of positive business conditions. The Manufacturing PMI reached 52.8 points, the highest level since February. One of the main drivers of manufacturing growth was the recovery in new orders. However, high fuel and transportation costs, coupled with logistical challenges, continued to prolong supplier delivery times in May.

Andrew Harker, Director of Economics at S&P Global Market Intelligence, said that on the surface, the S&P Global Vietnam manufacturing PMI this month offers some positive news as new orders rebounded in May, leading to a similarly significant increase in output. The overall PMI reached its highest level since just before the outbreak of the war in the Middle East.

However, upon closer examination, caution is needed as at least some of the growth in May was attributed to stockpiling efforts due to disruptions caused by the war. Therefore, there are some doubts about the sustainability of this increase.

Meanwhile, companies continue to face upward price pressures, as input costs continue to rise after reaching a 15-year high in April. How events unfold elsewhere in the world remains a key factor determining the performance of the manufacturing sector in the coming months.

Source: https://vtv.vn/chi-so-pmi-san-xuat-viet-nam-vuon-len-528-diem-100260602100941737.htm