{"id":17785,"date":"2026-05-04T08:25:59","date_gmt":"2026-05-04T01:25:59","guid":{"rendered":"https:\/\/staging.cimigo.com\/?p=17785"},"modified":"2026-05-04T09:23:15","modified_gmt":"2026-05-04T02:23:15","slug":"vietnam-pmi","status":"publish","type":"post","link":"https:\/\/www.cimigo.com\/en\/trends\/vietnam-pmi\/","title":{"rendered":"Vietnam PMI April 2026 &#8211; manufacturing purchasing managers index"},"content":{"rendered":"\r\n\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\">Vietnam PMI April 2026: <\/span><span style=\"color: #000000;\">New orders decrease as firms&#8217; costs rise at fastest pace in 15 year<\/span><\/h2>\r\n<ul>\r\n<li><span style=\"color: #000000;\">New orders down for first time in eight months. <\/span><\/li>\r\n<li><span style=\"color: #000000;\">Sharpest rises in input costs and output prices since April 2011.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">Output continues to increase, but growth at ten-month low.<\/span><\/li>\r\n<\/ul>\r\n<p style=\"text-align: center;\"><a class=\"wp-block-button__link has-background\" style=\"text-align: center; background-color: #a6cc17;\" href=\"https:\/\/www.cimigo.com\/en\/research-reports\/vietnam-purchasing-managers-index\/\" target=\"_blank\" rel=\"noopener noreferrer\">Download the report here<\/a><\/p>\r\n<p><a href=\"https:\/\/www.cimigo.com\/en\/news-events\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cimigo Vietnam market research<\/a> <span style=\"color: #000000;\">has collected the Vietnam PMI &#8211; manufacturing purchasing managers index since 2013. S&amp;P Global compiles the Vietnam PMI<\/span> <a href=\"https:\/\/ihsmarkit.com\/index.html\" target=\"_blank\" rel=\"noreferrer noopener\">S&amp;P Global<\/a>\u00a0<span style=\"color: #000000;\">from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers.<\/span><\/p>\r\n<h2><span style=\"color: #000000;\">Vietnam PMI findings<\/span><\/h2>\r\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-29470 size-full\" src=\"https:\/\/www.cimigo.com\/wp-content\/uploads\/2026\/04\/Vietnam-PMI-April-2026.jpg\" alt=\"Vietnam PMI April 2026\" width=\"340\" height=\"497\" srcset=\"https:\/\/www.cimigo.com\/wp-content\/uploads\/2026\/04\/Vietnam-PMI-April-2026.jpg 340w, https:\/\/www.cimigo.com\/wp-content\/uploads\/2026\/04\/Vietnam-PMI-April-2026-205x300.jpg 205w\" sizes=\"auto, (max-width: 340px) 100vw, 340px\" \/><\/p>\r\n<p><span style=\"color: #000000;\">Vietnamese manufacturers recorded a drop in new orders in April as inflationary pressures hit 15-year highs amid increased costs for fuel and oil in particular. With new orders down, firms scaled back their employment levels, purchasing activity and inventories. Output continued to rise, but the rate of growth eased to a ten-month low.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">Meanwhile, business sentiment waned and was the lowest since September last year. The S&amp;P Global Vietnam Manufacturing Purchasing Managers&#8217; Index\u2122 (PMI\u00ae) dropped to a seven-month low of 50.5 in April, down from 51.2 in March. The reading signalled a tenth consecutive monthly improvement in overall business conditions in the sector, but one that was only marginal.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">Helping to keep the headline index in positive territory in April was sustained output growth. Production increased for the twelfth month running, reflecting work on existing projects and resilient underlying demand. The rate of expansion was the slowest since June 2025, however, amid rising inflationary pressures, supply shortages and market instability due to the war in the Middle East.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">While output continued to rise, other elements of the survey <\/span><span style=\"color: #000000;\">painted a more downbeat picture of conditions in the <\/span><span style=\"color: #000000;\">manufacturing sector during April. <\/span><span style=\"color: #000000;\">New orders decreased for the first time in eight months as <\/span><span style=\"color: #000000;\">price increases affected the ability of firms to secure new <\/span><span style=\"color: #000000;\">orders.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">The effects were even more pronounced on new export <\/span><span style=\"color: #000000;\">orders, which were also impacted by higher transportation <\/span><span style=\"color: #000000;\">costs. New business from abroad fell markedly for the second <\/span><span style=\"color: #000000;\">month running.\u00a0<\/span><\/p>\r\n<p><span style=\"color: #000000;\">There were widespread reports of rising fuel and oil costs <\/span><span style=\"color: #000000;\">during April, with higher transportation rates also mentioned. <\/span><span style=\"color: #000000;\">As a result, input costs increased rapidly, with the rate of <\/span><span style=\"color: #000000;\">inflation accelerating further to the fastest in 15 years. More <\/span><span style=\"color: #000000;\">than half of respondents signalled a rise in input prices during <\/span><span style=\"color: #000000;\">the month. <\/span><span style=\"color: #000000;\">In turn, output charges were also increased sharply. Here too the rate of inflation was the fastest since April 2011.<\/span><\/p>\r\n<p><span style=\"color: #000000;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-29471 size-full\" src=\"https:\/\/www.cimigo.com\/wp-content\/uploads\/2026\/04\/Vietnam-PMI-April-Trend.jpg\" alt=\"Vietnam PMI April Trend\" width=\"343\" height=\"331\" srcset=\"https:\/\/www.cimigo.com\/wp-content\/uploads\/2026\/04\/Vietnam-PMI-April-Trend.jpg 343w, https:\/\/www.cimigo.com\/wp-content\/uploads\/2026\/04\/Vietnam-PMI-April-Trend-300x290.jpg 300w\" sizes=\"auto, (max-width: 343px) 100vw, 343px\" \/><\/span><\/p>\r\n<p><span style=\"color: #000000;\">With new orders falling, manufacturers lowered their staffing capacity, both via reduced headcounts and a cut to working hours. Some firms also reported employee resignations. Staffing levels decreased solidly for the second consecutive month.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">After having risen slightly in March, backlogs of work fell for the fourth time in five months during April, and at the fastest pace since last September. Firms also cut back on purchasing and inventory holdings at the start of the second quarter.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">Input buying decreased in response to lower new orders, but advanced purchasing at some manufacturers to try to mitigate price and supply issues meant that the rate of decline was only slight and weaker than seen in March. Rates of depletion in stocks of both purchases and finished goods intensified, however.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">Issues with the cost and availability of shipping, as well as raw material shortages, led to a substantial lengthening of suppliers&#8217; delivery times during April. Moreover, supplier performance deteriorated to the largest extent in four-and-ahalf years. <\/span><\/p>\r\n<p><span style=\"color: #000000;\">Concerns around the impacts of the war in the Middle East led to a further waning of optimism among Vietnamese manufacturers. Sentiment dipped to a seven-month low and was weaker than the series average. Nonetheless, firms continued to predict an increase in output over the coming year, linked to hopes of a recovery in new orders and more stable market environment.<\/span><\/p>\r\n<p style=\"text-align: center;\"><a class=\"wp-block-button__link has-background\" style=\"background-color: #a6cc17;\" href=\"https:\/\/www.cimigo.com\/en\/research-reports\/vietnam-purchasing-managers-index\/\" target=\"_blank\" rel=\"noopener noreferrer\">Download the report here<\/a><\/p>\r\n\r\n\r\n\r\n<p><span style=\"color: #000000;\">The S&amp;P Global Vietnam Manufacturing PMI\u00ae is compiled by S&amp;P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">Survey responses are collected by<\/span>\u00a0<a href=\"https:\/\/blog.cimigo.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cimigo\u00a0<\/a><span style=\"color: #000000;\">Vietnam in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of \u2018higher\u2019 responses and half the percentage of \u2018unchanged\u2019 responses.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted.<\/span><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Vietnam PMI April 2026: New orders decrease as firms&#8217; costs rise at fastest pace in 15 year New orders down for first time in eight months. Sharpest rises in input costs and output prices since April 2011. Output continues to increase, but growth at ten-month low. Download the report here Cimigo Vietnam market research has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[476],"tags":[1432,478,1506],"class_list":["post-17785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-research-vietnam","tag-vietnam-economy-market-research","tag-vietnam-manufacturing-market-research","tag-vietnam-purchasing-managers-index"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vietnam PMI - Market research Vietnam Indonesia<\/title>\n<meta name=\"description\" content=\"Vietnam March April PMI. New orders decrease as firms&#039; costs rise at fastest pace in 15 years. 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New orders decrease as firms' costs rise at fastest pace in 15 years. 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