Many Vietnamese words are indivisible. E.g. "chuẩn bị", which comes from Chinese "zhǔnbèi". It was borrowed as a complete 2-syllable word. Any further division would cause it to lose all meaning.
Consider the inverse: if you decided to create a new spelling convention where every syllable in English were written spaced apart, then a word like "tomorrow" would become "to mo rrow". Does that mean that "mo" is now a separate word? What does it mean? If I looked up "mo" in a dictionary, what would I find?
If you're still unconvinced, the second paragraph on the Wikipedia page for Vietnamese directly addresses this: "Although it is often mistakenly thought as being an monosyllabic language, Vietnamese words typically consist of from one to many as ten morphemes or syllables; the majority of Vietnamese vocabulary are disyllabic and trisyllabic words."