TOKYO -- The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, rose to a three month high of 52.5 in December from November's 51.4.
A reading above 50 indicates economic expansion, while one below 50 points toward contraction.
"The Vietnamese manufacturing sector recorded a welcome return to growth of output in December, supported by a solid and accelerated increase in new orders," said Andrew Harker, associate director at IHS Markit, which compiles the survey.
"Overall, 2017 has been a positive year for the sector, with the average PMI reading the highest since the survey began in 2011. Industry in Vietnam therefore looks to be in good shape heading into 2018," he added.
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