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Economy

Vietnam's manufacturing PMI ticks up to 51.8 in August

TOKYO -- The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, ticked up in August, with slightly faster increases in output and new orders, though employment growth eased.

The composite indicator of manufacturing performance rose marginally to 51.8 in August from 51.7 in July. A reading above 50 indicates economic expansion, while one below 50 points toward contraction.

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