bet88 kèoManufacturing sector deteriorates amid US tariff announcements

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) dropped back below the 50.0 nochange mark bet88 kèo April, after having signaled growth for the first time bet88 kèo four months during March, according to the latest report released by the S&P Global on May 5.

At 45.6, the latest reading was down from 50.5 and signaled a marked monthly deterioration bet88 kèo the health of the sector. bet88 kèo fact, business conditions worsened to the largest extent since May 2023.

Manufacturing new orders decreased markedly bet88 kèo April, reversing the expansion seen bet88 kèo March. Moreover, the rate of contraction was sharp and the fastest bet88 kèo almost two years. Respondents indicated that the drop bet88 kèo new orders reflected the introduction of tariffs by the US and fluctuations bet88 kèo international market conditions.

New export orders fell even more quickly than total new business amid the declaration of tariffs. The sixth successive decrease bet88 kèo new business from abroad was the most marked since June 2023. Tariffs, and the reduction bet88 kèo new orders led to a renewed fall bet88 kèo production following a rise bet88 kèo March. The decline bet88 kèo output was marked and the fastest since January 2023.

Manufacturers were also concerned about the impact of tariffs on production bet88 kèo the months ahead. Business confidence dropped sharply and was the lowest since August 2021.