In November, Vietnam's manufacturing sector experienced a slight decrease in growth momentum, as indicated by the latest S&P Global Manufacturing PMI data. The PMI, a key indicator assessing the health of the manufacturing sector, fell to 53.8 from 54.5 in October, registering a deceleration but still demonstrating expansion.
The slight decline in the PMI suggests that while there is continued growth, the pace has slackened from the levels observed in the previous month. This reading marks a modest drop, reflecting potential challenges such as supply chain disruptions or softening demand impacting the sector's dynamism.
The updated figures, released on December 1, 2025, underscore the need for watchers of Vietnam’s economic trajectory to remain vigilant, with the manufacturing sector still expanding but at a notably reduced pace. Policymakers and industry stakeholders will closely monitor these trends, as manufacturing remains a crucial pillar of Vietnam's economic framework.