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Vietnam's Exports Drop Amid U.S. Tariffs, Trade Surplus Grows

11/6/2025

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Story summary
  • Vietnam's October 2025 exports fell 1.5% to $42.05 billion, with U.S. shipments down 2.2% to $13.4 billion.
  • The decline is attributed to tariffs imposed by U.S. President Donald Trump to reduce the trade deficit.
  • Vietnam posted a $111 billion trade surplus with the United States for the first ten months of 2025.
  • Industrial output rose 10.8% year on year.
  • Newly agreed investments rose 24.2% to nearly $3 billion.