Viet Nam’s Manufacturing Purchasing Managers’ Index (PMI) ped to 51.5 in September from 53.7 in August, but business confidence rebounded from August’s low, according to a Nikkei report released on Monday.
Itochu, Japan’s second-largest trading company, has spent some five billion yen (US$46.9 million) to buy an additional 10 per cent equity in Viet Nam National Textile and Garment Group (Vinatex).
Mizuho Financial Group will set up an US$252 million (28 billion Japanese yen) investment fund early this summer to invest in small- and medium-sized companies in Southeast Asia, Nikkei reported.
