HANOI, Jan. 2 (Xinhua) -- The new order growth of Vietnam's manufacturing sector slowed to a three-month low in December, according to a report released by S&P Global Market Intelligence on Thursday.
The S&P Global Vietnam Manufacturing Purchasing Managers' Index dipped below the 50.0 no-change mark for the first time in three months in December, posting 49.8 from 50.8 in November, said the report.
The reading signaled a fractional deterioration in overall business conditions at the end of the year.
"It was a subdued end to the year for the Vietnamese manufacturing sector as growth of output and new orders slowed. Global market uncertainty also acted to depress confidence, which fell to the lowest in more than a year and a half," said Andrew Harker, economics director at S&P Global Market Intelligence. ■
