Solid export performance and record imports of production machinery and materials underscore Vietnam’s expanding role in global supply chains despite again posting a trade deficit.
Vietnam kept inflation broadly under control in the first half of 2026, but narrowing policy headroom is expected to make price management increasingly challenging in the months ahead.
For the first six months of 2026, the IIP is estimated to have increased by 10.8% over the same period last year, significantly outpacing the 8.7% growth recorded in the first half of 2025 and marking the highest growth rate since 2019.
The United States maintained its position as Vietnam’s largest export market with a turnover of $86.5 billion, while China remained the largest source of imports, with a total value of $115.2 billion.