Viet Nam’s total import-export turnover has exceeded 1 trillion USD. However, the question for the next stage is not simply how much more the country can export, but what role Vietnamese businesses will play in global value chains.

A thematic session entitled “Repositioning Viet Nam and ASEAN in Global Value Chains” was held on October 27 as part of the Autumn Economic Forum 2026, organised by the Ho Chi Minh City People’s Committee in co-branding with the World Economic Forum.

Viet Nam needs to strengthen linkages between foreign-invested enterprises and domestic businesses, enhance supplier capabilities and increase domestic value added to expand access to global value chains.

Viet Nam is rolling out a five-step roadmap to help domestic businesses expand overseas, build international brands and join global value chains under the GoGlobal programme for 2026-2030.

Politburo Resolution No. 10-NQ/TW on the development of the foreign-invested economy sets the goal of turning Viet Nam into one of Asia’s highly competitive centres for production, services, innovation, and regional operations, with deep participation in global value chains.

Viet Nam and Russia are facing a comprehensive, long-term cooperation agenda, as well as the potential for transformation in bilateral cooperation, said Dr. of Economics Leonid Borisovich Vardomsky from the Institute of Economics under the Russian Academy of Sciences.

Innovation not only enables Vietnamese private enterprises to overcome the limitations of old growth models but also lays the foundation for deeper participation in global value chains.