HANOI, March 3 (Xinhua) -- Vietnam's manufacturing production decreased for the second successive month in February, according to a report released by S&P Global Market Intelligence on Monday.
In February, the S&P Global Vietnam Manufacturing Purchasing Managers' Index was below the 50.0 no-change mark for the third consecutive month, despite rising slightly to 49.2 from 48.9 in January, said the report.
Weak demand led to further reductions in new orders and production.
Andrew Harker, economics director at S&P Global Market Intelligence, said "Issues with transportation was a key headwind for the sector in February, with respondents citing problems with the speed and availability of freight, as well as higher costs."
"Firms will be hoping to see an alleviation of these supply-side constraints, alongside demand improvements, as the year progresses," he said.
