Financial News: Vietnam Manufacturing Sector Falls Further Into Contractio

Vietnam Manufacturing Sector Falls Further Into Contraction - S&P Global

06/30/2025 - 20:41:00 (RTTNews)

(RTTNews) - The manufacturing sector in Vietnam continued to contract in June, and at a faster pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 48.9.

That's down from 49.8, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Central to the latest worsening in the overall health of the sector was a third successive fall in new orders. New business decreased modestly in June, but at a faster pace than in May. Demand conditions worsened particularly sharply in export markets, with new business from abroad declining to a much larger degree than total new orders.

In fact, the fall in new export business was the joint-fastest since September 2021, equal with that seen in May 2023. A number of respondents indicated that US tariffs had been behind the fall in new export orders.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Russia Slashes Interest Rates Again On Easing Price Pressures (12 min(s), 21 sec(s) ago)
(RTTNews) - Russia's central bank lowered the key interest rate massively for a second policy ...Full Story»

UK Retail Sales Rebound As Warm Weather Boosts Spending (45 min(s), 21 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted consumer spending but consum ...Full Story»

Eurozone Bank Lending Growth Improves (52 min(s), 21 sec(s) ago)
(RTTNews) - Eurozone bank lending increased at a faster pace in June despite trade tariff concerns ...Full Story»

Russia Central Bank Cuts Interest Rate By 200 Bps (51 min(s), 21 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate by 200 basis points on Friday cit ...Full Story»

German Business Sentiment Strongest In More Than A Year (13 min(s), 21 sec(s) ago)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story»

French Consumer Sentiment Improves Marginally (23 min(s), 21 sec(s) ago)
(RTTNews) - French consumer confidence improved marginally in July, monthly survey results from th ...Full Story»

Singapore Industrial Production Recovers In June (52 min(s), 21 sec(s) ago)
(RTTNews) - Singapore's industrial production growth accelerated in June, figures from Economi ...Full Story»

UK Retail Sales Recover In June (04 min(s), 39 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted food and non-food store sale ...Full Story»