Vietnam recorded robust trade growth in May, with both exports and imports posting double-digit gains, according to government data released Friday. Exports jumped 17% year-on-year to $39.6 billion, while imports climbed 14.1% to $39.04 billion, yielding a trade surplus of $560 million for the month, the National Statistics Office (NSO) reported.
This surge comes as Vietnam faces potential "reciprocal" tariffs of up to 46% from the United States, its largest export market. President Trump has warned the levies could be imposed if the two countries fail to reach a trade agreement before the temporary suspension expires in July. Such tariffs could pose significant risks to Vietnam’s export-driven economic model.
The NSO’s revised export figure surpasses the 14% growth estimate released earlier in the week, reflecting stronger-than-expected trade activity despite external risks. Vietnam’s economy, a key hub for global manufacturing, has remained resilient amid shifting trade dynamics in Asia.
In addition to trade growth, Vietnam saw consumer prices rise 3.24% year-over-year in May. Industrial production expanded 9.4%, while retail sales increased by 10.2%, signaling continued domestic demand.
Foreign investment also gained momentum. Inflows in the January-May period rose 7.9% from a year earlier to $8.9 billion. More notably, foreign investment pledges soared 51.2% to $18.4 billion, underscoring investor confidence in Vietnam’s economic outlook despite geopolitical uncertainties.
As the July tariff deadline approaches, analysts are closely monitoring negotiations between Hanoi and Washington. The outcome could significantly influence Vietnam’s trade trajectory and broader economic performance in the second half of 2025.


U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 



