This is the second year in a row that Nestlé Vietnam has been recognised as the most sustainable business in Vietnam in the manufacturing sector, and for the fourth year it is in the Top 3 sustainable enterprises.
Renewed expansions were seen for output, new orders and purchasing activity, while business confidence jumped higher, according to the latest manufacturing purchasing managers' index (PMI) survey.
Vietnam Manufacturing Purchasing Managers’ Index (PMI) in September shows the first reduction in output prices in 13 months, slower rises in output, new orders and employment but business confidence rebounded from August’s low.
Vietnam Manufacturing Purchasing Managers’ Index (PMI) in July indicated a slight ease of output, new orders and job creation rate but still business confidence seen picked up.
Vietnam has established itself as one of the brightest manufacturing hotspots within South East Asia partly due to the relocation of Chinese companies to Vietnam, according to JLL.
Business conditions continued to improve at a solid pace in the Vietnamese manufacturing sector during February.
The Vietnamese manufacturing sector experienced a positive end to 2017, with December seeing a return to growth of output amid a solid expansion of new orders.
A draft decree on auto manufacturing, assembling, importing, and maintenance and warranty business recently publicised by the Ministry of Industry and Trade (MoIT) is concerning industry insiders.
