Viet Nam's foreign trade to pass US$1 trillion for the first time, Prime Minister tells the National Assembly

19 October 2026

Prime Minister Le Minh Hung told legislators on 17 October 2026 that Viet Nam's total trade with the rest of the world is projected to reach a record US$1.11 trillion by the end of the year, up 30.4 per cent year-on-year. He was speaking at the second session of the 16th National Assembly in Ha Noi. It would be the first time the figure passes the US$1 trillion mark. For 2027 the Government aims for GDP growth of over 10 per cent, with GDP per capita projected to rise to US$6,100. State budget revenue for 2026 is estimated at VND 3.06 quadrillion, about US$118.17 billion, up 14 per cent. Public debt is estimated at 33-34 per cent of GDP and the budget deficit at about 4.1 per cent of GDP.