Market diversification, stronger competitiveness needed as trade revenue hits record
Hanoi, Nov. 3 -- The positive trade performance during the first 10 months of 2026 has provided a fresh impetus for economic growth while highlighting the need to diversify markets, enhance competitiveness and proactively respond to trade defence cases.
Vietnam's export and import turnover in October was estimated at 122.2 billion USD, up 47.6% year-on-year, according to the Ministry of Industry and Trade's Agency of Foreign Trade.
The figure for the first 10 months of the year reached 1.01 trillion USD, rising 32.3% from a year earlier and surpassing 1 trillion VND for the first time - setting a new record for the scale of Vietnam's merchandise trade.
That includes about 499 billion USD in exports, up 27.4% year-on-year, significantly...
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