Source: IHS Markit, Nikkei
Source: IHS Markit, Nikkei

The latest PMI data coming out of Vietnam bodes well for the country’s outlook for the next couple of months, according to IHS Markit.

  • Headline manufacturing PMI posted the highest quarterly average in six years for the first quarter of 2017.
  • The rate of output growth accelerated to the strongest since May 2015, amid a sharp rise in new orders.
  • Job creation also grew at a sharper pace.
  • Agriculture and industrial production, however, lagged behind manufacturing to start the year.