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Vietnam: Export resilience and domestic expansion in 2026

Vietnam: Export resilience and domestic expansion in 2026

Vietnam approaches 2026 with a reputation as one of Southeast Asia’s most resilient and disciplined growth economies. Having established itself as a key manufacturing and export hub, the country now faces the challenge of sustaining momentum amid softer global demand.

Exports remain vital, but diversification grows
Manufacturing exports—particularly electronics, textiles and machinery—will continue to underpin Vietnam’s economy in 2026. At the same time, policymakers are pushing for greater diversification, including higher-value manufacturing and services, to reduce exposure to external shocks.

Rising domestic consumption
A growing middle class is expected to play a more prominent role in 2026. Wage growth and urbanisation are supporting retail, housing and financial services, helping Vietnam rebalance toward a more consumption-driven model without abandoning its export strengths.

Policy stability as a competitive advantage
Vietnam’s cautious fiscal and monetary stance has been a core strength. Authorities are expected to maintain tight control over inflation and credit growth, reinforcing investor confidence and preserving macroeconomic stability.

Outlook
Vietnam enters 2026 as a disciplined, opportunity-rich market. Growth may moderate slightly, but structural competitiveness remains intact.

Newshub Editorial in Asia – 6 January 2026

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