Vietnam’s PMI June 2025

According to the latest report by S&P Global Market Intelligence, Vietnam’s manufacturing sector Purchasing Manager’s Index (PMI) fell to 48.9 in June 2025, below the 50-point threshold that separates growth from contraction.

New export orders declined, largely influenced by the effects of US tariffs on demand. However, output rose as tariff policies became more stable.

New export orders continued to fall, resulting in firms scaling back staffing levels while continuing to reduce backlogs. Because of material shortages and weakened Vietnamese dong, input costs rose, prompting firms to raise output prices.

Despite these challenges, business confidence has strengthened, supported by expectations of improved market stability and a reduction in trade tensions.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.