Mišvįgur on the island of Vįgaris one of the best places for whaling. This is due to the shape of the inlet and the broad beach where the whales can be stranded.
In 1899 a school of pilot whales counting 1300 individuals was stranded on the beach of Mišvįgur. This is the largest catch ever.
Oilwind a manufacturer of fishing tackle is located in Mišvįgur. They produce a modernized version of a device called snella which is a fishing-wheel mounted on the side of the boat. The conventional snella has been used on small boats on the Faroe Islands for decades. Oilwinds snella is computerized and it detects when the amount of fish on the hooks is sufficient and then draws in the catch and alarms the fisherman.
Mišvįgur, Vestmanna, Sandavįgur and Sųrvįgur in turn have a civic festival in the beginning of July. The festival is called 'Vestanstevna'.