According to the General Department of Vietnam Customs, the country's total import-export turnover in 2025 is projected to reach $920 billion, marking a 16.9% increase compared to the previous year—the highest level ever recorded. The trade balance continues to show a surplus of $21.18 billion, though this figure represents only 84.92% of the surplus achieved in 2024. These numbers vividly highlight both the resilience of Vietnam’s international trade and the increasingly evident limitations of a growth model reliant on expanding import-export volumes.