Despite tariff pressures, Vietnam’s average YoY export growth during January-November 2025 hit 28 per cent, while its share of exports to the US rose to over 30 per cent, HSBC said.
The effects of US reciprocal tariffs on Vietnam’s economy, especially exports, have been far milder than initial projections.
Trade flows, FDI and key macroeconomic metrics have all outperformed forecasts, it noted.
The effects of US reciprocal tariffs on Vietnam’s economy, especially exports, have been far milder than initial projections.
Trade flows, FDI and key macroeconomic metrics have all outperformed forecasts, it noted.