ANALYSIS: Shrimp Farmgate Prices Fluctuate in Mekong Delta with Factories at One-Fifth Capacity
The severe consequences of a prolonged lockdown are weighing on Vietnam’s manufacturing and export orientated industries.
With 114,260 official infections as of Tuesday, Vietnam's economy is faltering.
New orders to curb the spread of the Delta variant have led to sharp reductions in factory output. Vietnam's Purchasing Managers' Index (PMI) - a measure of manufacturing performance (above 50 representing an expansion, below 50 representing a contraction) - dropped sharply to 44.1 in June from 53.1 over the previous month, ending a six-month period of growth...
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