Macro Update - Domestic economy remains healthy despite escalating global trade tension
  • 2019-08-07T19:39:29
  • Macroeconomics
Vietnam’s PMI – further expansion recorded in July. According to IHS Markit, Vietnam’s PMI was 52.6 in July, up from 52.5 in June. New business was reported to increase at the fastest rate YTD. Additionally, purchasing activities rose sharply given rising workloads and as firms are confident regarding the near-term outlook. These results suggest a positive outlook for production activities in the coming months.