Vietnam manufacturing’s PMI rises for first time in three months
(VOVWORLD) - The Vietnamese manufacturing sector restored its growth in March amid renewed increases in both output and total new orders.
 Production of wooden furniture for export to Europe (Photo: Vu Sinh/Reuters)
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The S&P Global Vietnam Manufacturing Index (PMI) posted above 50 for the first time in four months during March from 49.2 in February, thereby signaling an improvement in the sector.
According to respondents, the rise in output in part reflected improvements in the availability of goods, but also a renewed increase in new orders, which likewise expanded following a two-month sequence of decline.