Hanoi, July 3 -- S&P Global said growth was underpinned by further gains in new orders, which supported a 14th consecutive month of rising output. Production growth in June also accelerated to its fastest pace since February, reflecting stronger underlying demand.
"Growth was maintained in the Vietnamese manufacturing sector during June amid further improvements in new orders and an easing of inflationary pressures," the report said, adding that purchasing activity also increased during the month.
Firms ramped up input purchases to meet rising production needs, but supply-chain delays continued to weigh on inventories, with input stocks falling sharply during the month.
Input costs continued to rise sharply in June due to material supply...