2026.08.0300:30:00UTC+00Vietnam’s Manufacturing Momentum Builds as S&P Global PMI Rises to 52.9 in July

Vietnam’s manufacturing sector strengthened in July 2026, with the S&P Global Manufacturing PMI rising to 52.9 from 51.8 in June, according to data updated on 3 August 2026. The latest reading signals a quicker pace of expansion in the country’s factory activity and marks a continued move further above the 50-point threshold that separates growth from contraction.

The improvement from June’s 51.8 suggests a broadening recovery in operating conditions across Vietnam’s manufacturing industry. While detailed sub-index data were not provided, the headline uptick points to firmer momentum heading into the second half of 2026, potentially underpinning industrial output and export performance.

With July’s print at 52.9, Vietnam’s manufacturing PMI has now logged back-to-back months in expansionary territory, reinforcing the view that the sector is on a more solid footing compared with earlier in the year.