The Vietnam Manufacturing Purchasing Managers' Index (PMI) in February below the 50.0 no-change mark.
New orders fall for second month but puchasing activity increases
Topic: orders
Falling orders hit enterprises and workers
53,000 workers have their lost jobs amid downturn.
Textile and garment exports face risk
Though export turnover of Vietnamese textiles and garments increased 16.4 per cent in the first eight months of this year, the Viet Dragon Securities Company has forecast that reduced demand and a prolonged inventory cycle will overshadow the prospects for new orders in 2023 or even have an effect from the fourth quarter of this year.