HANOI (Xinhua): Vietnam's manufacturing activity extended its declines in April as companies struggled to find new orders amid weak global demand, according to a report released by S&P Global Market Intelligence on Thursday (May 4).
The S&P Global Vietnam manufacturing Purchasing Managers' Index (PMI) dipped to 46.7 in April from last month's reading at 47.7, well below the 50.0 threshold that separates growth from contraction.