Vietnam: Vietnam's manufacturing sector returned to growth in July as a renewed expansion in new orders supported a faster rise in production, according to an S and P Global Market Intelligence report released Friday.

According to Namibia Press Agency, the S and P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 52.4 in July, up from 48.9 in June and back above the 50.0 no-change mark for the first time in four months.

The index pointed to a strengthening in the overall health of the manufacturing sector, the report said.