Vietnam’s PMI stands at 53.3 points in August

Vietnam's manufacturing sector shows strong growth with the PMI rising to 53.3 in August, supported by robust electronics and semiconductor investment. Additionally, the country reports record-high import-export turnover and significant increases in new business registrations for the first eight months of 2026.
Why it matters
Vietnam's economic performance serves as a key indicator for Southeast Asian manufacturing trends and global supply chain shifts.
Vietnam’s manufacturing Purchasing Manager's Index (PMI) rose to 52.9 in July, up from 51.8 in June, signalling a significant improvement in the sector’s health from the previous month.
Vietnam’s manufacturing Purchasing Managers’ Index (PMI) stood at 51.8 in June, indicating that growth momentum was maintained despite a slight decline from May’s reading of 52.8.
John Campbell, Director and Head of Industrial Services at Savills Vietnam, said investment in electronics and semiconductors continued to concentrate in northern localities, which have developed relatively complete manufacturing ecosystems encompassing industrial infrastructure, technical labour and supplier networks.
In the first eight months of 2026, Vietnam’s tourism sector continued to maintain its growth momentum, welcoming 15.9 million international visitors, up 14.4% year on year. This was the highest number of international arrivals recorded in the first eight months of a year in recent years.
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