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Nikkei PMI

Vietnam manufacturing is one of the highest since 2011

TOKYO -- The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, fell to 54.9 in July from 55.7 in June, but still one of the highest since the survey began in March 2011. Business conditions have now strengthened in each of the past 32 months.

A reading above 50 signals an improvement, while one below 50 points to a contraction in manufacturing activity.

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