The manufacturing sector in Vietnam continued to expand in May, albeit at a slower rate, the latest survey from Nikkei revealed on Monday with a manufacturing PMI score of 52.0.
That's down from 52.5 in April, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, there were sharper increases in output and new orders, while business confidence hit a six-month high.
Employment fell for the third time in four months; staffing levels fell marginally, with panelists mainly linking this to employee resignations and retirements.
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