Hanoi, June 1 -- The S&P Global Viet Nam Manufacturing Purchasing Managers' Index (PMI) climbed to 52.8 in May from 50.5 in April, marking its highest level since February and signaling a stronger improvement in business conditions. The latest reading indicates a solid rebound in demand despite ongoing global uncertainties.
The report noted that selling price inflation remained elevated in May, although it eased slightly from April's level. Price pressures were still among the strongest recorded over the past 15 years.
Manufacturers continued to face rising costs linked to fuel, transportation, and shipping, while logistics challenges contributed to further delays in suppliers' delivery times. However, the deterioration in vendor performa...