Vietnam's Manufacturing Purchasing Managers' Index (PMI) rises to 53.3 in Sep
By Bao Anh
October 02, 2017 | 11:58 AM GMT+7
Vietnam's manufaturing PMI increased to 53.3 in September, up from 51.8 in August.
Photo: Pinterest
The Nikkei released the Manufacturing Purchasing Managers' Index (PMI) in September of Asian countries including Vietnam.
Accordingly, Vietnam's PMI increased to 53.3 in September, up from 51.8 in August, thanks to faster rises in output, new orders and employment, driven up by stronger customer demand.
Readings above 50 point to an expansion in activity while numbers below that indicate contraction.
"New orders rose markedly, feeding through to faster expansion of output, employment and purchasing activity. Manufacturers are, therefore, well placed to record further growth during the final quarter," said Andrew Harker, associate director at IHS Markit, which compiles the survey.
"A cautionary note, though, is signaled by a reemergence of inflationary pressures. Cost inflation was the strongest in over six years amid pressure on the supply of raw materials. Companies have had to raise prices for the first time since April", he added.
For Koen Soenens, Sales and Marketing Director at DEEP C, empathy is a compass that guides major deals, the way a leader builds a team, and the ambition to create a sustainable industrial zone that carries a Vietnamese identity.
Taseco Land has shifted its listing to HOSE and introduced a new upward-pointing arrow logo - a visual statement of its strategy to raise capital, expand its land bank, and strengthen its standing in Vietnam’s real estate sector
Located in the heart of Ho Chi Minh City, SAP Labs Vietnam is the second SAP Labs Network hub in Southeast Asia, following Singapore and is one of 20 countries that have SAP Labs globally.
A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
