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VCSC Daily - Stocks resume rally as VNM jumps

PMI dips for second month but stays in expansion territory. Vietnam's Manufacturing Purchasing Managers’ Index (PMI) dipped to 51.4 in November from 51.6 in October. While it still signalled an expansion with reading above 50, this was the second consecutive month Vietnam’s PMI has softened. Growth of new orders slowed while manufacturers kept production volume mostly unchanged due to a shortage of raw material supply.