Vietnam's total goods trade reached about $1,001 billion as of October 29, according to the Customs Department, the first time it has passed the $1,000 billion mark. Exports were about $493 billion (up 27.2%) and imports nearly $508 billion (up 37.6%), leaving a trade deficit of about $14.02 billion. Foreign-invested enterprises drove growth with about $778 billion in trade (up 37%), while domestic firms reached about $223 billion (up 16%). Customs expects full-year exports to rise more than 25%, above the government's 15–16% target, while the Ministry of Industry and Trade's draft strategy to 2030 sets export growth of 15–16% a year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Lần đầu kim ngạch xuất nhập khẩu vượt 1.000 tỷ USD
Read the original on VnExpress ↗
Keywords
exportsVietnamtrade balanceFDI
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/29/2026 | 1,755.61 |
| Change that session | -0.62% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Dong Nai City Pushes for Double-Digit Growth
Dong Nai City's GRDP rose 10.01% in the first nine months of 2026, with Q3 up 10.21%, putting the city on track for its 11% full-year target. In Q3, industry and construction grew 12.49% and accounted for nearly 68% of overall growth. Budget revenue reached VND 76,722.26 billion by end-September, over 76% of the estimate and up nearly 20%, while eight-month exports topped $24 billion, up over 6%, with foreign-invested firms making up nearly 74%. The city welcomed 4.456 million visitors in nine months, about 77% of the annual plan.
- Deputy PM Pham Thi Thanh Tra: Stay committed to double-digit growth target, urgently complete job positions
On Oct. 28, Deputy Prime Minister Pham Thi Thanh Tra met with 9 provinces in the northern midlands and mountains, urging them to stay committed to a double-digit growth target, draft specific operating scenarios and urgently finalize job positions for the two-tier local government. According to the report, GRDP for the first nine months of 2026 rose 9.41% across the region, above the national average of 9.01%, with Thai Nguyen up 11.24% and Phu Tho up 10.01%. Thai Nguyen's industrial growth remains heavily reliant on FDI, while site clearance and infrastructure difficulties persist in some projects. Regional public investment disbursement reached nearly 55,000 billion VND, or 63.7% of the plan assigned by the Prime Minister, but the Deputy PM said regional growth has fallen short of the planned scenario.
- Why Does HCMC Need to Attract a New Generation of Capital?
At the CEO500 program of the Autumn Economic Forum (AEF 2026), HCMC targets attracting 19 billion USD in FDI this year, more than double the 8.37 billion USD recorded in 2025, and prioritizes high-quality inflows in finance, technology, digital transformation and the green economy. Mr. Nguyễn Hữu Huân of VIFC-HCMC said FDI is estimated to contribute 20.35% of GDP in 2025, but the value added it generates remains limited, with R&D accounting for just 1.9% of total investment in projects announced in 2020–2024. He argued the city therefore needs investment tied to R&D, engineering training and upgrading domestic suppliers. VIFC-HCMC proposes six priority sectors: AI and digital infrastructure, semiconductors and robotics, blockchain and digital finance, biotechnology and green technology, quantum technology and cybersecurity, and R&D, design and knowledge services. Deputy Chairman Nguyễn Công Vinh said FDI, technology and finance cannot reach their full value if operated separately and must be connected into one unified development axis.
- What Do Foreign 'Big Eagles' Want Beyond a 'Green Lane' to Invest in Vietnam?
At the CEO 500 session of the Autumn Economic Forum 2026 (AEF 2026) in Ho Chi Minh City, Deputy Chairman Nguyễn Công Vinh said the city aims to attract $19 billion in FDI in 2026, prioritizing finance, technology, digital transformation, the green economy and innovation. Peter James Opdahl, chairman of Ito Group Holdings, said that beyond the “green lane” investment procedure, Vietnam needs deeper and broader supply chains, a developed domestic market and support for small firms to build international networks; his group has made Vietnam a production hub since 2012 and is building a 12,000 m² factory in Linh Trung Export Processing Zone. IMF Resident Representative Fazurin Jamaludin said the AI-driven tech cycle has supported exports and investment, but concentrated tech supply chains, fiscal pressure and rising borrowing costs are risks. Nguyễn Hữu Huân, deputy head of VIFC-HCMC, proposed matching the type of capital to each stage of a project, with priorities in AI, digital infrastructure, semiconductors, automation, biotech and green technology.
- Ho Chi Minh City targets US$19 billion in FDI, welcoming new investment wave
Ho Chi Minh City aims to attract US$19 billion in FDI in 2026, prioritising finance, technology, digital transformation, green economy and innovation, as outlined at the CEO 500 programme on 26 October within AEF 2026. Mr Nguyen Cong Vinh, Vice Chairman of the City People's Committee, said investment decisions now depend on the connectivity of the entire ecosystem, including technology, infrastructure, energy, human resources and finance. Mr Nguyen Huu Huan of VIFC-HCMC said six priority sectors are AI and digital infrastructure, semiconductors and automation, blockchain and digital finance, biotech and green technology, quantum security and cryptography, and knowledge services, R&D, product design and regional headquarters. Representatives of Pacifico Energy and Arup stressed synchronised planning of energy infrastructure and transport, while Marc Knapper of KGA proposed trade finance, risk hedging and green bond services.
- Revealed: The Economy That Poured Over US$12 Billion of FDI into Vietnam in the First Nine Months of 2026, Far Ahead of South Korea and Japan...
Singapore became the largest investor in Vietnam in the first nine months of 2026, with registered capital of nearly US$12.85 billion, more than US$3.1 billion ahead of South Korea. Total registered FDI exceeded US$50 billion, up 76.4% year on year, while disbursed capital hit a record US$21.07 billion. Singapore's inflows rose nearly 86%, adding about US$6 billion, including over US$9.26 billion in new projects, over US$2.32 billion in additional capital for existing projects, and over US$1.26 billion in capital contributions and share purchases. Cumulatively, Singapore has registered over US$101.5 billion, narrowing the gap with leader South Korea, which is about US$2.7 billion ahead.
Related markets
Latest news
- Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
The Commerce Department reported that U.S. GDP grew at a seasonally adjusted annualized pace of 3.4% in the third quarter, above the 3.1% estimate and well up from 2.2% in the second quarter. Consumer spending rose 0.5%, slightly below the forecast of 0.6%, while personal income increased 0.2% against a forecast of 0.3%. The same day, the personal consumption expenditures (PCE) price index rose 0.5% in September from the prior month, lifting annual inflation to 3.6%; the monthly rate matched the Dow Jones consensus, while the annual rate was 0.1 percentage point below consensus. Core PCE, which excludes food and energy, rose 0.3% monthly and 3.1% annually, in line with consensus. A day earlier, the Fed held its benchmark rate in a 3.75%-4% range, and Chairman Kevin Warsh said officials want to assess incoming data before deciding their next move.
- Minister of Agriculture and Environment: No abuse of land recovery
Minister of Agriculture and Environment Trịnh Việt Hùng said land recovery under the draft amended Land Law must be strictly controlled, not abused, and not hinder project implementation. The draft shifts from compensating recovered assets to rebuilding people's lives, and requires each land plot to have a unique nationwide identifier. Land price tables and price adjustment coefficients issued by provincial People's Councils will apply from 1/1/2028, and the government proposes continuing the pilot for transferring land-use rights for commercial housing under Resolution 171/2024/QH15 rather than codifying it now. Nationwide there are about 105 million land plots, over 70 million with data and nearly 44 million connected, and the government has assigned the ministry to complete the land database in 2026.
- Microsoft seeks at least $25 billion in first bond sale since 2017
Microsoft is seeking at least $25 billion through a U.S. bond offering of 10 tranches with maturities from two to 40 years, returning to the investment-grade market for the first time in more than nine years. Its last high-grade issuance, in 2017, raised $17 billion, and proceeds will fund general corporate purposes such as capital expenditures, working capital, share repurchases, acquisitions and debt repayment. The sale follows a fiscal first-quarter earnings report showing strong cloud growth, as major technology companies increase spending on AI infrastructure. Initial price guidance ranges from 50 to 55 basis points over Treasuries for the two-year notes to 130 to 135 basis points for the 40-year bonds due 2066.
- One Magnificent Seven Stock Could Deliver Outsized Returns. Here's the Math
The 24/7 Wall St. model sets a 12-month price target of $421.17 for Alphabet (GOOG), implying 34.05% upside from a $314.19 baseline, with a 70% confidence score. Cloud revenue rose 82% to $24.8 billion in the second quarter, backlog reached $514 billion, and cloud operating margin widened from 20.7% to 35.6% over a year. Against that, capex doubled to $44.92 billion, pushing free cash flow to -$5.86 billion, long-term debt rose from $46.5 billion to $98.2 billion, buybacks were suspended, and a $40 billion at-the-market program raises dilution risk. Shares fell 6.58% over the past week and trade at about 13 times trailing earnings, between a 52-week low of $266.47 and a high of $403.96. The bull case reaches $442.49 and the bear case $366.77, which still implies a 16.73% gain.
- Morning Minute: Hedge Funds Left the BTC ETF Trade and Sovereign Wealth Stepped In
Decrypt's Morning Minute examines why hedge funds exited the bitcoin ETF trade while sovereign wealth funds and wealth managers bought. Citing SEC filings, the newsletter says nine hedge funds and banks, including Millennium, Brevan Howard and Goldman Sachs, sold about 68,000 bitcoin worth of ETF shares from the October 2025 high through June, roughly $5.4 billion at current prices. The main driver was shrinking returns on the ETF-futures trade: its annualized spread fell from 7.9% before the high to 4.8% by late October, and Galaxy's Alex Thorn estimates only about 1.5 points remain over T-bills after fees and financing. Morgan Stanley's wealth management arm, Mubadala and the Abu Dhabi Investment Council bought, while investors too small to file cut holdings by just 6.6% as the price fell 49%. Funds have since added about 87,000 bitcoin, and October ETF flows were nearly flat by Tuesday, with $724 million arriving in the last eight sessions.
- Unlimit founder backs Phase blockchain with $45M as mainnet launches
Phase, a new blockchain, lets smartphone users earn PHASE tokens by validating transactions and sharing internet connections with AI agents through its Phase Proxy service, which launched alongside the chain. Unlimit founder Kirill Eves has committed $45 million, covering the first two years of development with another two years of runway, and the company says it has no outside investors. Eves argues that websites often block automated traffic from data centers, so agents need connections from consumer devices, and current flagship smartphones can deliver approximately 35–45 TOPS of AI processing. Phase plans AI computing and multi-model routing services in November, and part of their revenue will buy PHASE on the open market to reward node operators.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.