“No Clear Evidence” that Vietnam Facilitates Chinese Exports to the U.S.: IMF

Vietnam aims for $454 billion in export revenue by 2025, setting an ambitious 12% year-on-year growth target despite growing economic pressures.
Dinh Vu Port in Haiphong. Vietnam’s trade with China grew in the first two months of 2025, but not in Vietnam’s favor. Image: Nhac Nguyen / AFP

An investigation by the International Monetary Fund has found no clear evidence that Vietnam is used as a waystation to facilitate Chinese imports to the United States.

The study examined backward trade linkages with China in Vietnamese exports to the United States. It said it found little evidence that Chinese products are being repackaged and sent to the U.S. as Vietnamese products without significant local value added. 

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