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Vietnam PMI Manufacturing 49.7 in Sep-23

- Vietnam's manufacturing sector contracted in September 2023, as indicated by a PMI reading of 49.7, the lowest level since July 2023.
- The September PMI, although lower than the previous month, remains 1.55 points higher than the one-year average, suggesting a temporary setback rather than a sustained decline.

Vietnam retail sales 9.66% y-o-y in Sep-23

- Vietnam's retail sales growth decelerated to 9.66% year-on-year in September 2023, marking the lowest level since April 2022.
- Retail sales in September 2023 underperformed the one-year average by 4.81 percentage points and fell short of the long-run average by 5.21 percentage points.

Vietnam CPI Inflation 3.66% y-o-y in Sep-23

- Vietnam's CPI inflation reached 3.66% year-on-year in September 2023, marking the highest growth since February 2023 and surpassing the previous month's figure of 2.96%.
- The inflation rate is 0.19 percentage points above the one-year average and 0.98 percentage points above the long-term average, suggesting elevated price pressures and a deviation from the historical trend.

Vietnam PMI manufacturing 50.5 in Aug-23

- Vietnam's manufacturing PMI in August 2023 showed expansion in the sector, reaching its highest level since February 2023 at 50.5, indicating a positive recovery in industrial activities.
- The PMI's rise above the one-year average by 2.12 points highlights the resilience of Vietnam's manufacturing industry and suggests increased domestic and international demand for Vietnamese-manufactured goods.