Vietnam’s total trade value has surpassed one trillion US dollars for the first time during the opening ten months of 2026, marking a major milestone for the country’s export-driven economy. The figures were reported on Monday, 2 November, as industrial production and foreign direct investment also continued to show growth.
According to the Ministry of Industry and Trade, total trade value reached an estimated 1.01 trillion dollars, representing a 32.3 percent increase compared with the same period last year. Exports were estimated at 499 billion dollars, up 27.4 percent year on year.
Economic experts said the result reflects Vietnam’s long-term efforts to expand international trade and strengthen domestic production. Since joining the World Trade Organization in 2007, the country has increased its trade turnover many times over and become more closely connected to global manufacturing and supply chains.
Foreign investment has also contributed to the expansion. Registered foreign direct investment reached 50.36 billion dollars, rising 76.4 percent, while disbursed investment reached 21.07 billion dollars, an increase of 12.1 percent. Much of the investment has supported manufacturing, electronics and technology-related industries.
Despite the strong results, experts have warned that international economic conditions remain uncertain. Geopolitical tensions, energy prices and changes in financial markets could increase costs for Vietnamese businesses. Companies that depend on imported materials may face pressure from higher transport and production expenses.
Inflation also remains an important concern. Consumer prices rose by an average of 4.52 percent during the first nine months of the year, making it important for policymakers to balance economic growth with price stability.
The government is continuing to introduce measures to support businesses. Electricity prices were reduced by two percent from 1 November, while the special consumption tax on petrol was lowered to zero for a limited period. A reduced value-added tax rate has also been extended for eligible goods and services.
Vietnam now faces the challenge of maintaining its export momentum while strengthening domestic businesses. The one-trillion-dollar trade milestone demonstrates the country’s growing role in international commerce, but continued success will depend on productivity, investment quality and the ability to manage external risks.
