Hanoi, Dec. 17 -- As Vietnam is moving into 2026 amid deeper market integration, growing dependence on a limited number of major markets is exposing exports to mounting risks, underscoring the urgency of proactively tapping new markets to ensure sustainable growth.

Approaching the growth ceiling

According to the Ministry of Industry and Trade (MoIT), Vietnam's export turnover is forecast to reach about 470 billion USD by the end of this year, up roughly 16% from 2024. In the first 11 months of 2025, total import-export revenue hit 839.8 billion USD, including 430.2 billion USD in exports, a year-on-year rise of 16.1%. However, export markets remain highly concentrated, with the US accounting for around 32% of total exports, the EU 15%, ...