Hanoi
Vietnam’s manufacturing sector ended 2020 in growth as business conditions improved with the increase of output, new orders and employment, a report compiled by the London-based global information provider IHS Markit revealed Monday. The Vietnam Manufacturing Purchasing Managers’ Index (PMI) rose to 51.7 in December, up from 49.9 in November, showing a modest improvement in business conditions in Vietnam’s manufacturing sector, according to the report. Data also signaled a return to growth of manufacturing output as production volumes recovered from the storm-related disruption in the previous month. New order growth was central to the expansion in production. The higher number of new orders was central to the expansion in production.—Xinhua
