Monday, 1 June 2015

PMI shows Vietnamese manufacturers performing strongly in Q2

The HSBC Vietnam Manufacturing PMI climbed to its highest in the four-year survey history in May, with producers enjoying strong growth of output and new orders. Firms reacted to fuller order books by raising employment at the sharpest pace since January and ramping up material purchasing. There were, however, signs of inflationary pressures returning amid currency devaluation and rising oil prices.