Typhoon Yagi caused a marked reduction in manufacturing production in Vietnam in September, ending a five-month sequence of expansion, S&P Global Ratings said.
After output had increased sharply in August, the renewed decline in the latest survey period was the most pronounced since January 2023.
The disruption is temporary, however, and firms remained confident in the outlook for production.
After output had increased sharply in August, the renewed decline in the latest survey period was the most pronounced since January 2023.
The disruption is temporary, however, and firms remained confident in the outlook for production.
