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Vietnam's Annual Growth Reaches 8% as Trade Surplus with US Hits Record Despite Tariffs
- Vietnam's economy grew 8.0% in 2025, showing strong gains in services, construction, and exports, particularly to the U.S., despite new tariffs taking effect.
- The value of exports to the U.S. increased by 28%, reaching $153.2 billion in 2025, despite new tariffs imposed on products like clothing and shoes.
- Chad Ovel from Mekong Capital stated that Vietnam's growth reflects strong fundamentals and continued business investment, despite tariffs' risks.
- Vietnam aims for a growth rate of at least 10% in 2026 and aspires to achieve middle-income country status by 2030.
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11 Articles
11 Articles
The Vietnamese economy is expected to grow by eight percent last year. Hanoi's statistical office published a first estimate of the gross domestic product on Monday. Expected growth would be the strongest since 2022 - despite high tariffs from US President Donald Trump, which hit the Southeast Asian country particularly hard. In 2023, Vietnamese GDP had increased by 5.1 percent and by 7.1 percent in 2024. Vietnam is one of Asia's fastest growing…
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Vietnam's economy is expected to record impressive growth through 2025 amidst global trade dynamics and US tariff policies. Vietnam's economy is expected to record growth...
Coverage Details
Total News Sources11
Leaning Left0Leaning Right2Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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