The start of the fourth quarter of the year saw the continued recovery of the Vietnamese manufacturing sector, with the country’s Manufacturing Purchasing Managers' Index (PMI) posting 51.8 in October.
Manufacturing sector returned to growth in September as concerns around the outbreak of the COVID-19 pandemic in the country eased. Both output and new orders increased, while business confidence strengthened, and the rate of job cuts softened.
VOV.VN - The Vietnam Manufacturing Purchasing Managers’ Index (PMI) suffered a sharp fall from 47.6 in July to 45.7 in August due to the impact of the novel coronavirus (COVID-19) pandemic, according to a survey released on September 1 by IHS Markit.