Vietnam’s Purchasing Managers’ Index (PMI) hit 50.4 points in February, up slightly compared to the 50.3 points recorded in January and above the 50-point threshold for the second month in succession.
Vietnam has seen the strongest growth of the Purchasing Managers' Index among seven countries surveyed in ASEAN, marking the highest improvement it has seen in manufacturing since the end of 2018.
Vietnam's manufacturing sector returned to growth in August as some signs of recovery in demand supported renewed increases in both new orders and production, according to the S&P Global Vietnam Manufacturing Purchasing Managers' Index™ (PMI).