The manufacturing sector in Vietnam bounced up into expansion territory in October, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 51.2.
That’s up from 47.3 in September, and it moved above the boom-or-bust line of 50 that separates expansion from contraction.
Alongside the rise in total new business, new export orders also increased in October. That said, the rate of expansion was only marginal amid some reports of subdued international demand.
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