Author: the-shiv

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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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