Hanoi, Vietnam – December 1, 2025 – Vietnam’s manufacturing sector continued to expand in November, though at a slightly slower pace, according to the S&P Global Vietnam Manufacturing PMI. The index fell to 53.8, down from October’s fifteen-month high of 54.5, signaling the fifth consecutive month of growth.

The survey highlighted that production rose for the seventh straight month, supported by ongoing growth in new orders. However, the pace of expansion in both output and new business moderated due to adverse weather conditions, which disrupted supply chains and hindered manufacturers’ ability to complete orders on schedule.

Input costs surged to their highest level since July 2024, while output prices remained elevated, reflecting manufacturers passing higher costs onto customers.

Despite the slowdown, overall business sentiment hit a seventeen-month high, fueled by expectations of renewed growth in new orders and hopes for more favorable weather conditions in the coming months.