June 2, 2025

Manufacturing: Indonesia new orders plunge, but PMI jumps .7 points

Indonesia’s Manufacturing PMI stood at 47.4 in May, rising from 46.7 in April but still well below 50, indicating continued contraction, according to the latest data from S&P Global. New orders fell at the sharpest rate since August 2021, while exports also declined — notably in shipments to the US.

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Manufacturing: Vietnam PMI climbs in May but still in contraction

Vietnam’s Manufacturing PMI rose to 49.8 in May from 45.6 in April, remaining below the 50 threshold that signals contraction, according to the latest data from S&P Global.

New export orders fell sharply for the second straight month, linked to the impact of US tariffs on demand. However, output returned to growth as tariff policy appeared more stable than in April.

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What The Economist Episode Says About Public Debate in Vietnam

The edition of The Economist featuring General Secretary To Lam — literally pictured with stars in his eyes — offered more than just sharp analysis of Vietnam’s economic trajectory. It also, indirectly, proffered valuable insights into how Vietnam’s public space for debate operates.

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