Hanoi, Vietnam, Dec. 23 -- According to the bank, resilient exports and production helped sustain growth despite headwinds from U.S. tariffs.
In the first 10 months of the year, Viet Nam's exports surged 16.8 percent on-year. One key driver was shipments to the U.S., which jumped by 28.1 percent on-year during the same period (24.3 percent last year), after the U.S. reciprocal tariff rates were dialed back to a base rate of 10 percent globally.
Manufacturing saw a broad-based increase in tandem, increasing 10.8 percent on-year in the first nine months, a faster pace compared to the 9.4 percent rise in the same period in 2024.
With four consecutive months of above-50 readings, Viet Nam's Purchasing Managers' Index suggests that the outloo...