PMI dips as export orders see steepest fall in more than two years
Vietnam’s Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 48.9 in June from 49.8 in May, remaining below the 50.0 threshold for the third consecutive month and signaling a continued deterioration in manufacturing conditions as the first half of the year came to a close.
SEE MORENatural rubber stocks face dual headwinds, showing weak signs of recovery
Việt Nam’s natural rubber industry is facing mounting challenges, with listed rubber stocks lagging behind the broader market as companies grapple with falling global rubber prices and a slowdown in land conversion projects, two major drivers of their earnings.
SEE MORENon-tariff barriers still hinder Vietnamese goods from entering ASEAN
Although intra-bloc tariffs have been almost eliminated, non-tariff barriers still increase costs and reduce the competitiveness of Vietnamese goods in the ASEAN market.
SEE MOREUS reaches deal with China to speed up rare-earth shipments
China confirms details amid efforts to end trade war but reiterates it will continue to approve export permits
SEE MOREUS says deal with Beijing will expedite rare earth exports from China
The United States and China have resolved issues surrounding shipments of rare earth minerals and magnets to the US, Treasury Secretary Scott Bessent said on Friday, ironing out a dispute that stalled a deal reached in May.
SEE MORECongo’s cobalt dilemma unresolved by extended export ban
The Democratic Republic of Congo has extended its ban on exports of cobalt by three months as the world’s dominant producer of the battery metal tries to convert its supply power into pricing power.
SEE MOREOil falls on prospect of more OPEC+ supply, easing risks in Mideast
Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August improved supply expectations amid persistent uncertainty over the outlook for global demand.
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PMI dips as export orders see steepest fall in more than two years
Vietnam’s Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 48.9 in June from 49.8 in May, remaining below the 50.0 threshold for the third consecutive month and signaling a continued deterioration in manufacturing conditions as the first half of the year came to a close. SEE MORE
Breakthroughs of VINACHEM in the 2020 - 2025 Period
From 2020 to 2025, the Vietnam National Chemical Group (Vinachem) focused on drastically restructuring four struggling projects from the list of 12 loss-making industrial and trade projects. To date, all four of Vinachem's struggling units have shown positive improvements. A prime example is DAP - Vinachem Joint Stock Company (DAP Dinh Vu Plant, Hai Phong), which has achieved stable production and continuous profits since 2017, was removed from the list of struggling projects in 2021, and cleared all accumulated losses by January 2022. SEE MORE
Outstanding brands of Vinachem
