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VCSC Daily - Vietnam shakes off Chinese manufacturing jitters - PVC, PVD, VIC

Earlier this morning, a preliminary reading of China’s “Purchasing Managers' Index” in September showed a drop to the 6 ½-year low of 47 points. This led to negative sentiment among major Asian indices including the Nikkei, SH composite, Hang Seng and KOSDAQ, which were all down 2%. However, Vietnam along with a few other markets in the region such as Singapore and Thailand were relatively indifferent to China, ended near flat or posted only slight losses.