Hanoi, Aug. 3 -- Business conditions have now strengthened in 13 consecutive months, with the latest improvement the most pronounced since February. Manufacturing production increased sharply in July, with the rate of expansion quickening to a five-month high. Output has now risen continuously on a monthly basis since May 2025.
Firms often linked higher output to an increase in new orders. New business expanded for the third month running in July, and at a faster pace than in June.
Total new sales were supported by a solid increase in new export orders, which rose at the sharpest rate since July 2024. Anecdotal evidence indicated that the improving growth picture in the sector was in part reflective of an easing of inflationary pressures....