Vietnam’s manufacturing growth weakens as costs surge in April

Vietnam’s manufacturing PMI fell to 50.5 in April 2026, signalling marginal growth and a seven-month low.
New orders declined for the first time in eight months, while input costs rose at a 15-year high due to fuel and logistics pressures.
Output growth slowed, employment and purchasing fell, and business sentiment weakened, though firms remained cautiously optimistic about future recovery.