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Vietnam’s manufacturing PMI falls back to below 50 in September

HANOI, Oct. 2 (Xinhua) — Vietnam’s manufacturing Purchasing Managers’ Index (PMI) posted 49.7 points in September, back below the 50.0, no-change mark following a reading of 50.5 in August, according to S&P Global Market Intelligence’s report released on Monday.

The index signalled a deterioration in business conditions for Vietnamese manufacturers, the report found.

After improving in August, overall bu