Vietnam’s PMI March 2025

According to the latest report by S&P Global Market Intelligence, Vietnam’s manufacturing sector Purchasing Manager’s Index (PMI) reached 50.5 in March, above the 50-point threshold that separates growth from contraction.

Manufacturing production increased in March for the first time in three months, reaching its highest level since last August. The rise in output was partly due to improved goods availability and a renewed growth in new orders, following two months of decline. 

Regarding prices, input costs increased due to higher prices for some imported goods. However, some suppliers lowered their prices in response to weak demand for inputs. Overall, sentiment remained positive, supported by the rise in new orders and expectations of stable demand.

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.