Vietnam's Jan.-Sept. US trade surplus jumps 28% despite Trump tariffs

Country's manufacturing hub remains competitive to those in India, Thailand and Malaysia

2025-10-05 Vietnam Garment factory

A garment assembly line operated by Thanh Cong, a textile, garment, investment and trading company in Ho Chi Minh City, in July 2019. Vietnam's exports are soaring but perhaps not enough to help the country meet its ambitious GDP growth targets. © Reuters

YUJI NITTA and MAI NGUYEN

HANOI -- Vietnam reported a trade surplus with the United States of $99 billion in the first nine months of 2025, a 28% year-on-year increase, according to Vietnamese customs data released on Monday.

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