Foreign Affairs: Vietnam is stepping up efforts to maintain export momentum in the second half of 2026 as the country heads towards its export revenue target of US$550 billion for the year despite continued uncertainty in global trade.
According to Vietnam News on July 22, 2026, statistical data showed that exports achieved US$266.5 billion in the first half, meaning the economy needs to earn about US$245.5 billion more during the rest of the year to meet the annual target.
The agriculture sector continues to play a key role in Vietnam’s trade performance. The sector posted a trade surplus of over US$9 billion in the first half of the year, supported by strong exports of fruits and vegetables, seafood, coffee, rice, wood products and cashew nuts. The trade association believes that continued market expansion and increased value-added on processed products will help maintain growth and push the agricultural sector closer to its target of $100 billion in exports by 2027.
Although Vietnam recorded a trade deficit of about $16.65 billion in the first half of 2026, experts say the figure should be seen in the context of manufacturing growth rather than a decline in exports.
Translated by Nay Tola
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