The above figure was released at a seminar on solutions for high and sustainable export growth which was held by the Import–Export Department, under the Ministry of Industry and Trade, in Ha Noi on December 16.

Director General of the Import–Export Department Nguyen Anh Son said, the 2020–2025 period marks a strong breakthrough in Viet Nam's trading activities, with average annual export growth of around 10 percent.

Since 2023, the nation has joined the group of the global 20 largest exporting economies. Notably, Viet Nam has maintained a continuous trade surplus over the past decade, making an important contribution to stable foreign currency inflows, easing pressure on the exchange rate, and strengthening the country's foreign exchange reserves.

The nation will gain US$470 billion from exporting by the end of this year, up 16 percent against the previous year, affirming the country as one of the world's most open economies and a bright spot in the regional and global trade landscape.

Total trade with the rest of the world rose from a modest US$13.40 billion in 1995 to a record US$786.9 billion in 2024, an increase of about 58.7 times over 29 years./.