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Financial News: Vietnam Manufacturing PMI Climbs To 52.5 In June

Vietnam Manufacturing PMI Climbs To 52.5 In June - Nikkei

07/02/2017 - 20:51:00 (RTTNews)

(RTTNews) - The manufacturing sector in Vietnam continued to expand in June, and at a faster rate, the latest survey from Nikkei revealed on Monday with a manufacturing PMI score of 52.5.

That's up from the 14-month low of 51.6 in May, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there were sharper rises in new orders and production, while staffing levels continued to expand.

Firms remained optimistic, although sentiment fell to a four-year low.

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