印度跌倒，越南吃饱！特朗普扶一踩一？

Core Viewpoint - The article discusses the contrasting economic outcomes for India and Vietnam due to U.S. tariff policies, highlighting Vietnam's unexpected economic growth while India struggles under the same conditions [1][15]. Group 1: Economic Performance - Vietnam's GDP growth for Q3 reached 8.23%, a significant increase compared to the previous 5-7% range over the past decade [3]. - The manufacturing sector in Vietnam is thriving, with production value growth exceeding 10% in Q3 2025, a rare occurrence amid global manufacturing downturns [6]. Group 2: Export Dynamics - Vietnam's exports to the U.S. have surged, particularly in clothing, furniture, and electronics, positioning the country as a key supplier for American consumers [4][5]. - The U.S. tariff agreement inadvertently provided Vietnam with exemptions for critical products, allowing its GDP engine to remain intact and leading to a surge in exports [8]. Group 3: Foreign Investment - Foreign Direct Investment (FDI) in Vietnam has seen a 45% increase in committed amounts for 2025, with major companies like Samsung and Apple expanding their operations [7]. Group 4: Risks and Dependencies - Vietnam's economy is heavily reliant on the U.S., with 30% of its exports directed there, making it vulnerable to changes in U.S. policies [11]. - The manufacturing sector's reliance on foreign investment is high, with 74% of exports coming from foreign entities, raising concerns about sustainability if major companies withdraw [12]. - Domestic demand in Vietnam is weak, with retail growth projected to be below 3% in 2025, indicating a reliance on external factors for economic stability [13].