Story perspectives

Vietnam's Exports Surge 14.5% Despite U.S. Tariff

9/7/2025

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Summary

Story summary

Vietnam's exports rose 14.5% in August to $43.39 billion, despite a new 20% U.S. tariff.
Imports increased 17.7% to $39.67 billion, yielding a trade surplus of $3.72 billion.
From January to August, exports totaled $305.96 billion, up 14.8%, while imports reached $291.97 billion, up 17.9%.
Industrial production grew 8.9% year-on-year in August, with retail sales up 10.6%.
Export growth is slowing due to declining new orders and rising raw material costs.

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Story summary

Vietnam's exports rose 14.5% in August to $43.39 billion, despite a new 20% U.S. tariff.
Imports increased 17.7% to $39.67 billion, yielding a trade surplus of $3.72 billion.
From January to August, exports totaled $305.96 billion, up 14.8%, while imports reached $291.97 billion, up 17.9%.
Industrial production grew 8.9% year-on-year in August, with retail sales up 10.6%.
Export growth is slowing due to declining new orders and rising raw material costs.