Despite steep U.S. tariffs, Vietnam continues to attract strong foreign investment -- especially in manufacturing and industrial real estate -- driven by policy incentives, improving infrastructure and its strategic role in the global supply chain move away from China.
Vietnam's economic ties with the United States are deep. In 2024, exports to America totaled $136.6 billion, accounting for nearly 30% of Vietnam's gross domestic product. While the imposition of tariffs dealt a blow to Vietnam's manufacturing sector, its May manufacturing purchasing managers index (PMI) recovered slightly to 49.8 after falling to 45.6 in April, signaling early signs of stabilization.
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