Vietnam tops the ASEAN manufacturing PMI

According to Nikkei, the manufacturing PMI in Vietnam fell slightly from June's level of 55.7 to 54.9 in July but still remains one of the highest since March 2011.

Business conditions have improved over the past 32 months. The main focus of the latest Nikkei survey is that the number of new export orders has risen. In response to the larger workload, manufacturers have continued to significantly increase the number of employees and amount of purchasing activity.