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Nikkei PMI

Vietnam manufacturing improves in April

TOKYO - Vietnam manufacturing growth picks up in April with sharp increase in new orders and output, particularly strengthening firms in export markets, according to an industry gauge.

The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, rose to 52.7 in April, up from 51.6 in March. A reading above 50 signals an improvement, while one below 50 points to a contraction in manufacturing activity.

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