Vietnam's Manufacturing Growth Accelerates in May as Orders Rebound, S&P Global Data Shows

MT Newswires Live
Jun 01

The Vietnamese manufacturing sector expanded at a faster pace in May as new orders returned to growth and output strengthened, S&P Global said Monday.

The latest S&P Global Vietnam Manufacturing Purchasing Managers' Index stood at 52.8, compared with 50.5 in April.

S&P Global said part of the increase in new orders reflected customers building safety stock amid concerns about the impact of the Middle East conflict.

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