Vietnam’s manufacturing sector strengthened in February 2026, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rising to 54.3, up from 52.5 in January 2026.
The latest reading, released on 2 March 2026, indicates a faster pace of expansion in the country’s factory activity, as PMI levels above 50 signal growth in the sector. The improvement follows an already expansionary January, suggesting growing resilience and momentum in Vietnam’s industrial base.
While detailed drivers of the increase were not disclosed, the steady climb in the PMI underscores a broadening recovery in manufacturing conditions as the country enters the later part of the first quarter of 2026.