Vietnam’s manufacturing sector demonstrated robust growth in February, with the Purchasing Managers’ Index (PMI) reaching a 19-month high, signaling a strong start to the first quarter. The latest data indicates continued economic momentum within the country.
The S&P Global Manufacturing PMI for Vietnam rose to 54.30 points in February, up from 52.50 points in January 2026, according to Trading Economics. A PMI above 50 indicates expansion, suggesting the manufacturing sector is experiencing growth. This positive trend builds on gains seen in October, when the PMI climbed to 54.5, marking a solid monthly improvement, as reported by VOV.
This growth is further supported by a significant increase in new business registrations. Nearly 35,500 new enterprises were established in Vietnam during the first two months of the year, lecourrier.vn reported. Alongside the rise in new companies, industrial production also experienced strong growth during the same period.
International assessments further reinforce Vietnam’s positive economic trajectory. Vietnam is increasingly recognized as a new engine of growth, Vietnam.vn stated. The combination of expanding manufacturing, new business creation, and positive international evaluations paints a picture of a dynamic and growing Vietnamese economy.
Recent reports suggest the economic momentum is accelerating. Việt Báo noted that the economic machine is “turning faster,” indicating a strengthening of economic activity.
