In brief
Vietnam's total trade volumes hit $1.01 trillion in the first ten months of 2026, up 32.3 percent year over year, according to Xinhua and the Voice of Vietnam. Exports rose 27.4 percent to about $499 billion, largely driven by processed industrial products. The ministry is drafting a new strategy to boost domestic enterprise exports to 40 percent by 2045.
Vietnam’s total import‑export turnover reached an estimated $1.01 trillion in the first ten months of 2026, a 32.3 percent jump from the same period in 2025, Xinhua reported on Saturday.
The Voice of Vietnam noted that exports totaled about $499 billion, up 27.4 percent, driven mainly by processed and manufactured industrial products that comprised 87.4 percent of the export value.
In October alone, the country’s trade turnover hit $122.2 billion, rising 47.6 percent year over year, with a trade surplus of $6.8 billion.
That surplus narrowed the cumulative trade deficit for the ten‑month span to roughly $12.7 billion.
The Ministry of Industry and Trade is drafting a new import‑export strategy through 2030 and a vision to 2045, aiming to raise the share of domestic enterprises in national exports up to 30 percent by 2030 and 40 percent by 2045, the ministry said.
