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Vietnam's PMI moves into expansion territory for the first time in 14 months, rising to...

Vietnam's PMI moves into expansion territory for the first time in 14 months, rising to 50.5 in November from 48.7 previously. The improvement looks to have come from domestic demand as new export order volumes continue to contract. "We expect a gradual pick-up of economic activity supported by both domestic demand and a gradual recovery in China," says HSBC.
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