"Vietnam Exports to US Fall in October for Third Straight Month", 5 November 2025

Vietnam's exports fell in October from a month earlier, with shipments to the U.S. dropping faster as the trade-reliant country adapts to American tariffs...

The Southeast Asian nation is still in talks with Washington over a possible trade deal. In August, President Donald Trump imposed 20% tariffs on American imports of Vietnamese goods...

In October, Vietnam's overall exports fell 1.5% to $42.05 billion from September, while imports dropped 1% to $39.45 billion, the country's National Statistics Office said.

Shipments to the U.S. fell on a monthly basis by roughly 2.2% to $13.4 billion, according to the report - a third consecutive monthly drop - accelerating from a 1.4% fall in September.

Total exports in October were 17.5% higher than a year earlier, while imports rose 16.8% on an annual basis, the data showed, showcasing the country's resilience thanks to multiple trade agreements with partners across the world.

Mobile phone makers were the biggest losers among sectors that are most dependent on exports to the U.S. Exports of phones to the U.S. from Vietnam fell 15.2% in October from September, extending a months-long negative trend - even though the industry is exempt from higher U.S. tariffs.

Textile and garment exports to the U.S. fell 7% on the month while footwear shipments rose 15%, partly offsetting declining shipments in recent months. Vietnam is a major hub for Western apparel and footwear makers, including Nike and Adidas...