Hanoi, Nov 1: Vietnam’s manufacturing sector in October started to recover from the effects of September’s typhoon, recording renewed increases in both output and new orders, according to an S&P Global Market Intelligence report released on Friday.
The country’s manufacturing Purchasing Managers’ Index posted 51.2 in October, up from 47.3 in September and back above the 50.0 no-change mark following the disruption caused to the sector by Typhoon Yagi in the previous month, reports Xinhua news agency, citing S&P. Alongside the rise in total new business, Vietnam’s new export orders also increased in October, according to the report.