diff --git a/package.json b/package.json
index 99bbce748..5b5cc49bc 100644
--- a/package.json
+++ b/package.json
@@ -56,6 +56,7 @@
     "@babel/types": "^7.12.0",
     "@esbuild-plugins/node-modules-polyfill": "^0.1.4",
     "@microsoft/api-extractor": "~7.20.0",
+    "@rollup/plugin-alias": "^4.0.3",
     "@rollup/plugin-commonjs": "^23.0.2",
     "@rollup/plugin-json": "^5.0.1",
     "@rollup/plugin-node-resolve": "^15.0.1",
@@ -88,6 +89,7 @@
     "pug": "^3.0.1",
     "puppeteer": "^19.2.2",
     "rollup": "~3.10.0",
+    "rollup-plugin-esbuild": "^5.0.0",
     "rollup-plugin-node-builtins": "^2.1.2",
     "rollup-plugin-node-globals": "^1.4.0",
     "rollup-plugin-polyfill-node": "^0.11.0",
diff --git a/packages/compiler-core/src/index.ts b/packages/compiler-core/src/index.ts
index 6a1f8b63b..4898a181d 100644
--- a/packages/compiler-core/src/index.ts
+++ b/packages/compiler-core/src/index.ts
@@ -2,31 +2,31 @@ export { baseCompile } from './compile'
 
 // Also expose lower level APIs & types
 export {
-  CompilerOptions,
-  ParserOptions,
-  TransformOptions,
-  CodegenOptions,
-  HoistTransform,
-  BindingMetadata,
+  type CompilerOptions,
+  type ParserOptions,
+  type TransformOptions,
+  type CodegenOptions,
+  type HoistTransform,
+  type BindingMetadata,
   BindingTypes
 } from './options'
 export { baseParse, TextModes } from './parse'
 export {
   transform,
-  TransformContext,
+  type TransformContext,
   createTransformContext,
   traverseNode,
   createStructuralDirectiveTransform,
-  NodeTransform,
-  StructuralDirectiveTransform,
-  DirectiveTransform
+  type NodeTransform,
+  type StructuralDirectiveTransform,
+  type DirectiveTransform
 } from './transform'
-export { generate, CodegenContext, CodegenResult } from './codegen'
+export { generate, type CodegenContext, type CodegenResult } from './codegen'
 export {
   ErrorCodes,
-  CoreCompilerError,
-  CompilerError,
-  createCompilerError
+  createCompilerError,
+  type CoreCompilerError,
+  type CompilerError
 } from './errors'
 
 export * from './ast'
@@ -34,7 +34,7 @@ export * from './utils'
 export * from './babelUtils'
 export * from './runtimeHelpers'
 
-export { getBaseTransformPreset, TransformPreset } from './compile'
+export { getBaseTransformPreset, type TransformPreset } from './compile'
 export { transformModel } from './transforms/vModel'
 export { transformOn } from './transforms/vOn'
 export { transformBind } from './transforms/vBind'
@@ -48,7 +48,7 @@ export {
 } from './transforms/transformExpression'
 export {
   buildSlots,
-  SlotFnBuilder,
+  type SlotFnBuilder,
   trackVForSlotScopes,
   trackSlotScopes
 } from './transforms/vSlot'
@@ -57,7 +57,7 @@ export {
   resolveComponentType,
   buildProps,
   buildDirectiveArgs,
-  PropsExpression
+  type PropsExpression
 } from './transforms/transformElement'
 export { processSlotOutlet } from './transforms/transformSlotOutlet'
 export { getConstantType } from './transforms/hoistStatic'
diff --git a/packages/compiler-sfc/src/index.ts b/packages/compiler-sfc/src/index.ts
index b99aeafbb..c56b12662 100644
--- a/packages/compiler-sfc/src/index.ts
+++ b/packages/compiler-sfc/src/index.ts
@@ -27,7 +27,7 @@ export {
 } from '@vue/compiler-core'
 
 // Types
-export {
+export type {
   SFCParseOptions,
   SFCParseResult,
   SFCDescriptor,
@@ -36,19 +36,22 @@ export {
   SFCScriptBlock,
   SFCStyleBlock
 } from './parse'
-export {
+export type {
   TemplateCompiler,
   SFCTemplateCompileOptions,
   SFCTemplateCompileResults
 } from './compileTemplate'
-export {
+export type {
   SFCStyleCompileOptions,
   SFCAsyncStyleCompileOptions,
   SFCStyleCompileResults
 } from './compileStyle'
-export { SFCScriptCompileOptions } from './compileScript'
-export { AssetURLOptions, AssetURLTagConfig } from './templateTransformAssetUrl'
-export {
+export type { SFCScriptCompileOptions } from './compileScript'
+export type {
+  AssetURLOptions,
+  AssetURLTagConfig
+} from './templateTransformAssetUrl'
+export type {
   CompilerOptions,
   CompilerError,
   BindingMetadata
diff --git a/packages/reactivity/src/index.ts b/packages/reactivity/src/index.ts
index 5c65cd52a..cbba32d31 100644
--- a/packages/reactivity/src/index.ts
+++ b/packages/reactivity/src/index.ts
@@ -8,14 +8,14 @@ export {
   proxyRefs,
   customRef,
   triggerRef,
-  Ref,
-  ToRef,
-  ToRefs,
-  UnwrapRef,
-  ShallowRef,
-  ShallowUnwrapRef,
-  RefUnwrapBailTypes,
-  CustomRefFactory
+  type Ref,
+  type ToRef,
+  type ToRefs,
+  type UnwrapRef,
+  type ShallowRef,
+  type ShallowUnwrapRef,
+  type RefUnwrapBailTypes,
+  type CustomRefFactory
 } from './ref'
 export {
   reactive,
@@ -28,19 +28,19 @@ export {
   shallowReadonly,
   markRaw,
   toRaw,
-  Raw,
   ReactiveFlags,
-  DeepReadonly,
-  ShallowReactive,
-  UnwrapNestedRefs
+  type Raw,
+  type DeepReadonly,
+  type ShallowReactive,
+  type UnwrapNestedRefs
 } from './reactive'
 export {
   computed,
-  ComputedRef,
-  WritableComputedRef,
-  WritableComputedOptions,
-  ComputedGetter,
-  ComputedSetter
+  type ComputedRef,
+  type WritableComputedRef,
+  type WritableComputedOptions,
+  type ComputedGetter,
+  type ComputedSetter
 } from './computed'
 export { deferredComputed } from './deferredComputed'
 export {
@@ -53,12 +53,12 @@ export {
   resetTracking,
   ITERATE_KEY,
   ReactiveEffect,
-  ReactiveEffectRunner,
-  ReactiveEffectOptions,
-  EffectScheduler,
-  DebuggerOptions,
-  DebuggerEvent,
-  DebuggerEventExtraInfo
+  type ReactiveEffectRunner,
+  type ReactiveEffectOptions,
+  type EffectScheduler,
+  type DebuggerOptions,
+  type DebuggerEvent,
+  type DebuggerEventExtraInfo
 } from './effect'
 export {
   effectScope,
diff --git a/packages/runtime-core/src/component.ts b/packages/runtime-core/src/component.ts
index b04ae6e51..768a47d9b 100644
--- a/packages/runtime-core/src/component.ts
+++ b/packages/runtime-core/src/component.ts
@@ -162,7 +162,7 @@ export type Component<
   | ConcreteComponent<Props, RawBindings, D, C, M>
   | ComponentPublicInstanceConstructor<Props>
 
-export { ComponentOptions }
+export type { ComponentOptions }
 
 type LifecycleHook<TFn = Function> = TFn[] | null
 
diff --git a/packages/runtime-core/src/index.ts b/packages/runtime-core/src/index.ts
index 3101ed06c..fd3415e33 100644
--- a/packages/runtime-core/src/index.ts
+++ b/packages/runtime-core/src/index.ts
@@ -86,11 +86,11 @@ export { h } from './h'
 // Advanced render function utilities
 export { createVNode, cloneVNode, mergeProps, isVNode } from './vnode'
 // VNode types
-export { Fragment, Text, Comment, Static, VNodeRef } from './vnode'
+export { Fragment, Text, Comment, Static, type VNodeRef } from './vnode'
 // Built-in components
-export { Teleport, TeleportProps } from './components/Teleport'
-export { Suspense, SuspenseProps } from './components/Suspense'
-export { KeepAlive, KeepAliveProps } from './components/KeepAlive'
+export { Teleport, type TeleportProps } from './components/Teleport'
+export { Suspense, type SuspenseProps } from './components/Suspense'
+export { KeepAlive, type KeepAliveProps } from './components/KeepAlive'
 export {
   BaseTransition,
   BaseTransitionPropsValidators,
@@ -148,8 +148,8 @@ declare module '@vue/reactivity' {
         }
   }
 }
-
-export {
+export { TrackOpTypes, TriggerOpTypes } from '@vue/reactivity'
+export type {
   Ref,
   ToRef,
   ToRefs,
@@ -172,11 +172,9 @@ export {
   DebuggerOptions,
   DebuggerEvent,
   DebuggerEventExtraInfo,
-  TrackOpTypes,
-  TriggerOpTypes,
   Raw
 } from '@vue/reactivity'
-export {
+export type {
   WatchEffect,
   WatchOptions,
   WatchOptionsBase,
@@ -184,8 +182,8 @@ export {
   WatchSource,
   WatchStopHandle
 } from './apiWatch'
-export { InjectionKey } from './apiInject'
-export {
+export type { InjectionKey } from './apiInject'
+export type {
   App,
   AppConfig,
   AppContext,
@@ -193,7 +191,7 @@ export {
   CreateAppFunction,
   OptionMergeFunction
 } from './apiCreateApp'
-export {
+export type {
   VNode,
   VNodeChild,
   VNodeTypes,
@@ -201,7 +199,7 @@ export {
   VNodeArrayChildren,
   VNodeNormalizedChildren
 } from './vnode'
-export {
+export type {
   Component,
   ConcreteComponent,
   FunctionalComponent,
@@ -210,8 +208,8 @@ export {
   ComponentCustomProps,
   AllowedComponentProps
 } from './component'
-export { DefineComponent } from './apiDefineComponent'
-export {
+export type { DefineComponent } from './apiDefineComponent'
+export type {
   ComponentOptions,
   ComponentOptionsMixin,
   ComponentOptionsWithoutProps,
@@ -226,13 +224,13 @@ export {
   RuntimeCompilerOptions,
   ComponentInjectOptions
 } from './componentOptions'
-export { EmitsOptions, ObjectEmitsOptions } from './componentEmits'
-export {
+export type { EmitsOptions, ObjectEmitsOptions } from './componentEmits'
+export type {
   ComponentPublicInstance,
   ComponentCustomProperties,
   CreateComponentPublicInstance
 } from './componentPublicInstance'
-export {
+export type {
   Renderer,
   RendererNode,
   RendererElement,
@@ -240,9 +238,9 @@ export {
   RendererOptions,
   RootRenderFunction
 } from './renderer'
-export { RootHydrateFunction } from './hydration'
-export { Slot, Slots } from './componentSlots'
-export {
+export type { RootHydrateFunction } from './hydration'
+export type { Slot, Slots } from './componentSlots'
+export type {
   Prop,
   PropType,
   ComponentPropsOptions,
@@ -250,7 +248,7 @@ export {
   ExtractPropTypes,
   ExtractDefaultPropTypes
 } from './componentProps'
-export {
+export type {
   Directive,
   DirectiveBinding,
   DirectiveHook,
@@ -258,13 +256,16 @@ export {
   FunctionDirective,
   DirectiveArguments
 } from './directives'
-export { SuspenseBoundary } from './components/Suspense'
-export { TransitionState, TransitionHooks } from './components/BaseTransition'
-export {
+export type { SuspenseBoundary } from './components/Suspense'
+export type {
+  TransitionState,
+  TransitionHooks
+} from './components/BaseTransition'
+export type {
   AsyncComponentOptions,
   AsyncComponentLoader
 } from './apiAsyncComponent'
-export { HMRRuntime } from './hmr'
+export type { HMRRuntime } from './hmr'
 
 // Internal API ----------------------------------------------------------------
 
@@ -336,8 +337,8 @@ export const ssrUtils = (__SSR__ ? _ssrUtils : null) as typeof _ssrUtils
 // 2.x COMPAT ------------------------------------------------------------------
 
 export { DeprecationTypes } from './compat/compatConfig'
-export { CompatVue } from './compat/global'
-export { LegacyConfig } from './compat/globalConfig'
+export type { CompatVue } from './compat/global'
+export type { LegacyConfig } from './compat/globalConfig'
 
 import { warnDeprecation } from './compat/compatConfig'
 import { createCompatVue } from './compat/global'
diff --git a/packages/runtime-dom/src/index.ts b/packages/runtime-dom/src/index.ts
index 405acc089..a980f1dd6 100644
--- a/packages/runtime-dom/src/index.ts
+++ b/packages/runtime-dom/src/index.ts
@@ -207,7 +207,7 @@ export {
   defineCustomElement,
   defineSSRCustomElement,
   VueElement,
-  VueElementConstructor
+  type VueElementConstructor
 } from './apiCustomElement'
 
 // SFC CSS utilities
@@ -215,10 +215,10 @@ export { useCssModule } from './helpers/useCssModule'
 export { useCssVars } from './helpers/useCssVars'
 
 // DOM-only components
-export { Transition, TransitionProps } from './components/Transition'
+export { Transition, type TransitionProps } from './components/Transition'
 export {
   TransitionGroup,
-  TransitionGroupProps
+  type TransitionGroupProps
 } from './components/TransitionGroup'
 
 // **Internal** DOM-only runtime directive helpers
diff --git a/packages/runtime-dom/src/modules/events.ts b/packages/runtime-dom/src/modules/events.ts
index 8dbccadef..272cededc 100644
--- a/packages/runtime-dom/src/modules/events.ts
+++ b/packages/runtime-dom/src/modules/events.ts
@@ -1,9 +1,9 @@
 import { hyphenate, isArray } from '@vue/shared'
 import {
+  ErrorCodes,
   ComponentInternalInstance,
   callWithAsyncErrorHandling
 } from '@vue/runtime-core'
-import { ErrorCodes } from 'packages/runtime-core/src/errorHandling'
 
 interface Invoker extends EventListener {
   value: EventValue
diff --git a/packages/server-renderer/src/index.ts b/packages/server-renderer/src/index.ts
index 81946fac8..1e453c913 100644
--- a/packages/server-renderer/src/index.ts
+++ b/packages/server-renderer/src/index.ts
@@ -2,7 +2,7 @@ import { initDirectivesForSSR } from 'vue'
 initDirectivesForSSR()
 
 // public
-export { SSRContext } from './render'
+export type { SSRContext } from './render'
 export { renderToString } from './renderToString'
 export {
   renderToSimpleStream,
@@ -10,7 +10,7 @@ export {
   pipeToNodeWritable,
   renderToWebStream,
   pipeToWebWritable,
-  SimpleReadable,
+  type SimpleReadable,
   // deprecated
   renderToStream
 } from './renderToStream'
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index 6df7b8778..26d700396 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -7,6 +7,7 @@ importers:
       '@babel/types': ^7.12.0
       '@esbuild-plugins/node-modules-polyfill': ^0.1.4
       '@microsoft/api-extractor': ~7.20.0
+      '@rollup/plugin-alias': ^4.0.3
       '@rollup/plugin-commonjs': ^23.0.2
       '@rollup/plugin-json': ^5.0.1
       '@rollup/plugin-node-resolve': ^15.0.1
@@ -39,6 +40,7 @@ importers:
       pug: ^3.0.1
       puppeteer: ^19.2.2
       rollup: ~3.10.0
+      rollup-plugin-esbuild: ^5.0.0
       rollup-plugin-node-builtins: ^2.1.2
       rollup-plugin-node-globals: ^1.4.0
       rollup-plugin-polyfill-node: ^0.11.0
@@ -57,6 +59,7 @@ importers:
       '@babel/types': 7.16.0
       '@esbuild-plugins/node-modules-polyfill': 0.1.4_esbuild@0.17.4
       '@microsoft/api-extractor': 7.20.1
+      '@rollup/plugin-alias': 4.0.3_rollup@3.10.0
       '@rollup/plugin-commonjs': 23.0.2_rollup@3.10.0
       '@rollup/plugin-json': 5.0.1_rollup@3.10.0
       '@rollup/plugin-node-resolve': 15.0.1_rollup@3.10.0
@@ -89,6 +92,7 @@ importers:
       pug: 3.0.2
       puppeteer: 19.2.2
       rollup: 3.10.0
+      rollup-plugin-esbuild: 5.0.0_ejjt5bxqy7rglzzuwkobwucgry
       rollup-plugin-node-builtins: 2.1.2
       rollup-plugin-node-globals: 1.4.0
       rollup-plugin-polyfill-node: 0.11.0_rollup@3.10.0
@@ -337,7 +341,7 @@ packages:
       '@babel/traverse': 7.16.3
       '@babel/types': 7.16.0
       convert-source-map: 1.8.0
-      debug: 4.3.3
+      debug: 4.3.4
       gensync: 1.0.0-beta.2
       json5: 2.2.0
       semver: 6.3.0
@@ -524,7 +528,7 @@ packages:
       '@babel/helper-split-export-declaration': 7.16.0
       '@babel/parser': 7.16.4
       '@babel/types': 7.16.0
-      debug: 4.3.3
+      debug: 4.3.4
       globals: 11.12.0
     transitivePeerDependencies:
       - supports-color
@@ -1082,6 +1086,19 @@ packages:
       fastq: 1.13.0
     dev: true
 
+  /@rollup/plugin-alias/4.0.3_rollup@3.10.0:
+    resolution: {integrity: sha512-ZuDWE1q4PQDhvm/zc5Prun8sBpLJy41DMptYrS6MhAy9s9kL/doN1613BWfEchGVfKxzliJ3BjbOPizXX38DbQ==}
+    engines: {node: '>=14.0.0'}
+    peerDependencies:
+      rollup: ^1.20.0||^2.0.0||^3.0.0
+    peerDependenciesMeta:
+      rollup:
+        optional: true
+    dependencies:
+      rollup: 3.10.0
+      slash: 4.0.0
+    dev: true
+
   /@rollup/plugin-commonjs/23.0.2_rollup@3.10.0:
     resolution: {integrity: sha512-e9ThuiRf93YlVxc4qNIurvv+Hp9dnD+4PjOqQs5vAYfcZ3+AXSrcdzXnVjWxcGQOa6KGJFcRZyUI3ktWLavFjg==}
     engines: {node: '>=14.0.0'}
@@ -2750,6 +2767,10 @@ packages:
       unbox-primitive: 1.0.1
     dev: true
 
+  /es-module-lexer/1.1.0:
+    resolution: {integrity: sha512-fJg+1tiyEeS8figV+fPcPpm8WqJEflG3yPU0NOm5xMvrNkuiy7HzX/Ljng4Y0hAoiw4/3hQTCFYw+ub8+a2pRA==}
+    dev: true
+
   /es-to-primitive/1.2.1:
     resolution: {integrity: sha512-QCOllgZJtaUo9miYBcLChTUaHNjJF3PYs1VidD7AwiEj1kYxKeQTctLAezAOH5ZKRH0g2IgPn6KwB4IT8iRpvA==}
     engines: {node: '>= 0.4'}
@@ -3933,6 +3954,11 @@ packages:
     resolution: {integrity: sha512-8wb9Yw966OSxApiCt0K3yNJL8pnNeIv+OEq2YMidz4FKP6nonSRoOXc80iXY4JaN2FC11B9qsNmDsm+ZOfMROA==}
     dev: true
 
+  /joycon/3.1.1:
+    resolution: {integrity: sha512-34wB/Y7MW7bzjKRjUKTa46I2Z7eV62Rkhva+KkopW7Qvv/OSWBqvkSY7vusOPrNuZcUG3tApvdVgNB8POj3SPw==}
+    engines: {node: '>=10'}
+    dev: true
+
   /js-stringify/1.0.2:
     resolution: {integrity: sha512-rtS5ATOo2Q5k1G+DADISilDA6lv79zIiwFd6CcjuIxGKLFm5C+RLImRscVap9k55i+MOZwgliw+NejvkLuGD5g==}
     dev: true
@@ -5490,6 +5516,24 @@ packages:
       inherits: 2.0.4
     dev: true
 
+  /rollup-plugin-esbuild/5.0.0_ejjt5bxqy7rglzzuwkobwucgry:
+    resolution: {integrity: sha512-1cRIOHAPh8WQgdQQyyvFdeOdxuiyk+zB5zJ5+YOwrZP4cJ0MT3Fs48pQxrZeyZHcn+klFherytILVfE4aYrneg==}
+    engines: {node: '>=14.18.0', npm: '>=8.0.0'}
+    peerDependencies:
+      esbuild: '>=0.10.1'
+      rollup: ^1.20.0 || ^2.0.0 || ^3.0.0
+    dependencies:
+      '@rollup/pluginutils': 5.0.2_rollup@3.10.0
+      debug: 4.3.4
+      es-module-lexer: 1.1.0
+      esbuild: 0.17.4
+      joycon: 3.1.1
+      jsonc-parser: 3.2.0
+      rollup: 3.10.0
+    transitivePeerDependencies:
+      - supports-color
+    dev: true
+
   /rollup-plugin-inject/3.0.2:
     resolution: {integrity: sha512-ptg9PQwzs3orn4jkgXJ74bfs5vYz1NCZlSQMBUA0wKcGp5i5pA1AO3fOUEte8enhGUC+iapTCzEWw2jEFFUO/w==}
     deprecated: This package has been deprecated and is no longer maintained. Please use @rollup/plugin-inject.
@@ -5736,6 +5780,11 @@ packages:
     engines: {node: '>=8'}
     dev: true
 
+  /slash/4.0.0:
+    resolution: {integrity: sha512-3dOsAHXXUkQTpOYcoAxLIorMTp4gIQr5IW3iVb7A7lFIp0VHhnynm9izx6TssdrIcVIESAlVjtnO2K8bg+Coew==}
+    engines: {node: '>=12'}
+    dev: true
+
   /slice-ansi/3.0.0:
     resolution: {integrity: sha512-pSyv7bSTC7ig9Dcgbw9AuRNUb5k5V6oDudjZoMBSr13qpLBG7tB+zgCkARjq7xIUgdz5P1Qe8u+rSGdouOOIyQ==}
     engines: {node: '>=8'}
diff --git a/rollup.config.mjs b/rollup.config.mjs
index e5c3b6388..9d0d8fe8c 100644
--- a/rollup.config.mjs
+++ b/rollup.config.mjs
@@ -1,8 +1,8 @@
 // @ts-check
-import { createRequire } from 'module'
-import { fileURLToPath } from 'url'
-import path from 'path'
-import ts from 'rollup-plugin-typescript2'
+import { createRequire } from 'node:module'
+import { fileURLToPath } from 'node:url'
+import path from 'node:path'
+import { readdirSync } from 'node:fs'
 import replace from '@rollup/plugin-replace'
 import json from '@rollup/plugin-json'
 import chalk from 'chalk'
@@ -10,6 +10,8 @@ import commonJS from '@rollup/plugin-commonjs'
 import polyfillNode from 'rollup-plugin-polyfill-node'
 import { nodeResolve } from '@rollup/plugin-node-resolve'
 import terser from '@rollup/plugin-terser'
+import esbuild from 'rollup-plugin-esbuild'
+import alias from '@rollup/plugin-alias'
 
 if (!process.env.TARGET) {
   throw new Error('TARGET package must be specified via --environment flag.')
@@ -114,23 +116,37 @@ function createConfig(format, output, plugins = []) {
     output.name = packageOptions.name
   }
 
-  const shouldEmitDeclarations =
-    pkg.types && process.env.TYPES != null && !hasTSChecked
-
-  const tsPlugin = ts({
-    check: process.env.NODE_ENV === 'production' && !hasTSChecked,
-    tsconfig: path.resolve(__dirname, 'tsconfig.json'),
-    cacheRoot: path.resolve(__dirname, 'node_modules/.rts2_cache'),
-    tsconfigOverride: {
-      compilerOptions: {
-        target: isServerRenderer || isNodeBuild ? 'es2019' : 'es2015',
-        sourceMap: output.sourcemap,
-        declaration: shouldEmitDeclarations,
-        declarationMap: shouldEmitDeclarations
-      },
-      exclude: ['**/__tests__', 'test-dts']
+  // package aliases
+  // TODO reuse between rollup and vitest
+  const resolveEntryForPkg = p =>
+    path.resolve(
+      fileURLToPath(import.meta.url),
+      `../packages/${p}/src/index.ts`
+    )
+  const dirs = readdirSync(new URL('./packages', import.meta.url))
+  const entries = {
+    vue: resolveEntryForPkg('vue'),
+    'vue/compiler-sfc': resolveEntryForPkg('compiler-sfc'),
+    'vue/server-renderer': resolveEntryForPkg('server-renderer'),
+    '@vue/compat': resolveEntryForPkg('vue-compat')
+  }
+  for (const dir of dirs) {
+    const key = `@vue/${dir}`
+    if (dir !== 'vue' && !(key in entries)) {
+      entries[key] = resolveEntryForPkg(dir)
     }
+  }
+  const aliasPlugin = alias({
+    entries
   })
+
+  const tsPlugin = esbuild({
+    tsconfig: path.resolve(__dirname, 'tsconfig.json'),
+    sourceMap: output.sourcemap,
+    minify: false,
+    target: isServerRenderer || isNodeBuild ? 'es2019' : 'es2015'
+  })
+
   // we only need to check TS and generate declarations once for each build.
   // it also seems to run into weird issues when checking multiple times
   // during a single build.
@@ -211,6 +227,7 @@ function createConfig(format, output, plugins = []) {
       json({
         namedExports: false
       }),
+      aliasPlugin,
       tsPlugin,
       createReplacePlugin(
         isProductionBuild,
@@ -239,7 +256,15 @@ function createConfig(format, output, plugins = []) {
   }
 }
 
-function createReplacePlugin(
+function createReplacePlugin(...args) {
+  return replace({
+    // @ts-ignore
+    values: createReplacements(...args),
+    preventAssignment: true
+  })
+}
+
+function createReplacements(
   isProduction,
   isBundlerESMBuild,
   isBrowserESMBuild,
@@ -256,9 +281,9 @@ function createReplacePlugin(
       ? // preserve to be handled by bundlers
         `(process.env.NODE_ENV !== 'production')`
       : // hard coded dev/prod builds
-        !isProduction,
+        String(!isProduction),
     // this is only used during Vue's internal tests
-    __TEST__: false,
+    __TEST__: `false`,
     // If the build is expected to run directly in the browser (global / esm builds)
     __BROWSER__: isBrowserBuild,
     __GLOBAL__: isGlobalBuild,
@@ -282,11 +307,11 @@ function createReplacePlugin(
     __COMPAT__: isCompatBuild,
 
     // feature flags
-    __FEATURE_SUSPENSE__: true,
-    __FEATURE_OPTIONS_API__: isBundlerESMBuild ? `__VUE_OPTIONS_API__` : true,
+    __FEATURE_SUSPENSE__: `true`,
+    __FEATURE_OPTIONS_API__: isBundlerESMBuild ? `__VUE_OPTIONS_API__` : `true`,
     __FEATURE_PROD_DEVTOOLS__: isBundlerESMBuild
       ? `__VUE_PROD_DEVTOOLS__`
-      : false,
+      : `false`,
     ...(isProduction && isBrowserBuild
       ? {
           'context.onError(': `/*#__PURE__*/ context.onError(`,
@@ -297,17 +322,13 @@ function createReplacePlugin(
       : {})
   }
   // allow inline overrides like
-  //__RUNTIME_COMPILE__=true yarn build runtime-core
+  //__RUNTIME_COMPILE__=true pnpm build runtime-core
   Object.keys(replacements).forEach(key => {
     if (key in process.env) {
       replacements[key] = process.env[key]
     }
   })
-  return replace({
-    // @ts-ignore
-    values: replacements,
-    preventAssignment: true
-  })
+  return replacements
 }
 
 function createProductionConfig(format) {
diff --git a/rollup.original.config.mjs b/rollup.original.config.mjs
new file mode 100644
index 000000000..e9a6e3420
--- /dev/null
+++ b/rollup.original.config.mjs
@@ -0,0 +1,379 @@
+// @ts-check
+import { createRequire } from 'module'
+import { fileURLToPath } from 'url'
+import path from 'path'
+import ts from 'rollup-plugin-typescript2'
+import replace from '@rollup/plugin-replace'
+import json from '@rollup/plugin-json'
+import chalk from 'chalk'
+import commonJS from '@rollup/plugin-commonjs'
+import polyfillNode from 'rollup-plugin-polyfill-node'
+import { nodeResolve } from '@rollup/plugin-node-resolve'
+import terser from '@rollup/plugin-terser'
+
+if (!process.env.TARGET) {
+  throw new Error('TARGET package must be specified via --environment flag.')
+}
+
+const require = createRequire(import.meta.url)
+const __dirname = fileURLToPath(new URL('.', import.meta.url))
+
+const masterVersion = require('./package.json').version
+const consolidatePkg = require('@vue/consolidate/package.json')
+
+const packagesDir = path.resolve(__dirname, 'packages')
+const packageDir = path.resolve(packagesDir, process.env.TARGET)
+
+const resolve = p => path.resolve(packageDir, p)
+const pkg = require(resolve(`package.json`))
+const packageOptions = pkg.buildOptions || {}
+const name = packageOptions.filename || path.basename(packageDir)
+
+// ensure TS checks only once for each build
+let hasTSChecked = false
+
+const outputConfigs = {
+  'esm-bundler': {
+    file: resolve(`dist/${name}.esm-bundler.js`),
+    format: `es`
+  },
+  'esm-browser': {
+    file: resolve(`dist/${name}.esm-browser.js`),
+    format: `es`
+  },
+  cjs: {
+    file: resolve(`dist/${name}.cjs.js`),
+    format: `cjs`
+  },
+  global: {
+    file: resolve(`dist/${name}.global.js`),
+    format: `iife`
+  },
+  // runtime-only builds, for main "vue" package only
+  'esm-bundler-runtime': {
+    file: resolve(`dist/${name}.runtime.esm-bundler.js`),
+    format: `es`
+  },
+  'esm-browser-runtime': {
+    file: resolve(`dist/${name}.runtime.esm-browser.js`),
+    format: 'es'
+  },
+  'global-runtime': {
+    file: resolve(`dist/${name}.runtime.global.js`),
+    format: 'iife'
+  }
+}
+
+const defaultFormats = ['esm-bundler', 'cjs']
+const inlineFormats = process.env.FORMATS && process.env.FORMATS.split(',')
+const packageFormats = inlineFormats || packageOptions.formats || defaultFormats
+const packageConfigs = process.env.PROD_ONLY
+  ? []
+  : packageFormats.map(format => createConfig(format, outputConfigs[format]))
+
+if (process.env.NODE_ENV === 'production') {
+  packageFormats.forEach(format => {
+    if (packageOptions.prod === false) {
+      return
+    }
+    if (format === 'cjs') {
+      packageConfigs.push(createProductionConfig(format))
+    }
+    if (/^(global|esm-browser)(-runtime)?/.test(format)) {
+      packageConfigs.push(createMinifiedConfig(format))
+    }
+  })
+}
+
+export default packageConfigs
+
+function createConfig(format, output, plugins = []) {
+  if (!output) {
+    console.log(chalk.yellow(`invalid format: "${format}"`))
+    process.exit(1)
+  }
+
+  const isProductionBuild =
+    process.env.__DEV__ === 'false' || /\.prod\.js$/.test(output.file)
+  const isBundlerESMBuild = /esm-bundler/.test(format)
+  const isBrowserESMBuild = /esm-browser/.test(format)
+  const isServerRenderer = name === 'server-renderer'
+  const isNodeBuild = format === 'cjs'
+  const isGlobalBuild = /global/.test(format)
+  const isCompatPackage = pkg.name === '@vue/compat'
+  const isCompatBuild = !!packageOptions.compat
+
+  output.exports = isCompatPackage ? 'auto' : 'named'
+  output.esModule = true
+  output.sourcemap = !!process.env.SOURCE_MAP
+  output.externalLiveBindings = false
+
+  if (isGlobalBuild) {
+    output.name = packageOptions.name
+  }
+
+  const shouldEmitDeclarations =
+    pkg.types && process.env.TYPES != null && !hasTSChecked
+
+  const tsPlugin = ts({
+    check: process.env.NODE_ENV === 'production' && !hasTSChecked,
+    tsconfig: path.resolve(__dirname, 'tsconfig.json'),
+    cacheRoot: path.resolve(__dirname, 'node_modules/.rts2_cache'),
+    tsconfigOverride: {
+      compilerOptions: {
+        target: isServerRenderer || isNodeBuild ? 'es2019' : 'es2015',
+        sourceMap: output.sourcemap,
+        declaration: shouldEmitDeclarations,
+        declarationMap: shouldEmitDeclarations
+      },
+      exclude: ['**/__tests__', 'test-dts']
+    }
+  })
+  // we only need to check TS and generate declarations once for each build.
+  // it also seems to run into weird issues when checking multiple times
+  // during a single build.
+  hasTSChecked = true
+
+  let entryFile = /runtime$/.test(format) ? `src/runtime.ts` : `src/index.ts`
+
+  // the compat build needs both default AND named exports. This will cause
+  // Rollup to complain for non-ESM targets, so we use separate entries for
+  // esm vs. non-esm builds.
+  if (isCompatPackage && (isBrowserESMBuild || isBundlerESMBuild)) {
+    entryFile = /runtime$/.test(format)
+      ? `src/esm-runtime.ts`
+      : `src/esm-index.ts`
+  }
+
+  let external = []
+  const treeShakenDeps = ['source-map', '@babel/parser', 'estree-walker']
+
+  if (isGlobalBuild || isBrowserESMBuild || isCompatPackage) {
+    if (!packageOptions.enableNonBrowserBranches) {
+      // normal browser builds - non-browser only imports are tree-shaken,
+      // they are only listed here to suppress warnings.
+      external = treeShakenDeps
+    }
+  } else {
+    // Node / esm-bundler builds.
+    // externalize all direct deps unless it's the compat build.
+    external = [
+      ...Object.keys(pkg.dependencies || {}),
+      ...Object.keys(pkg.peerDependencies || {}),
+      // for @vue/compiler-sfc / server-renderer
+      ...['path', 'url', 'stream'],
+      // somehow these throw warnings for runtime-* package builds
+      ...treeShakenDeps
+    ]
+  }
+
+  // we are bundling forked consolidate.js in compiler-sfc which dynamically
+  // requires a ton of template engines which should be ignored.
+  let cjsIgnores = []
+  if (pkg.name === '@vue/compiler-sfc') {
+    cjsIgnores = [
+      ...Object.keys(consolidatePkg.devDependencies),
+      'vm',
+      'crypto',
+      'react-dom/server',
+      'teacup/lib/express',
+      'arc-templates/dist/es5',
+      'then-pug',
+      'then-jade'
+    ]
+  }
+
+  const nodePlugins =
+    (format === 'cjs' && Object.keys(pkg.devDependencies || {}).length) ||
+    packageOptions.enableNonBrowserBranches
+      ? [
+          commonJS({
+            sourceMap: false,
+            ignore: cjsIgnores
+          }),
+          ...(format === 'cjs' ? [] : [polyfillNode()]),
+          nodeResolve()
+        ]
+      : []
+
+  if (format === 'cjs') {
+    nodePlugins.push(cjsReExportsPatchPlugin())
+  }
+
+  return {
+    input: resolve(entryFile),
+    // Global and Browser ESM builds inlines everything so that they can be
+    // used alone.
+    external,
+    plugins: [
+      json({
+        namedExports: false
+      }),
+      tsPlugin,
+      createReplacePlugin(
+        isProductionBuild,
+        isBundlerESMBuild,
+        isBrowserESMBuild,
+        // isBrowserBuild?
+        (isGlobalBuild || isBrowserESMBuild || isBundlerESMBuild) &&
+          !packageOptions.enableNonBrowserBranches,
+        isGlobalBuild,
+        isNodeBuild,
+        isCompatBuild,
+        isServerRenderer
+      ),
+      ...nodePlugins,
+      ...plugins
+    ],
+    output,
+    onwarn: (msg, warn) => {
+      if (!/Circular/.test(msg)) {
+        warn(msg)
+      }
+    },
+    treeshake: {
+      moduleSideEffects: false
+    }
+  }
+}
+
+function createReplacePlugin(
+  isProduction,
+  isBundlerESMBuild,
+  isBrowserESMBuild,
+  isBrowserBuild,
+  isGlobalBuild,
+  isNodeBuild,
+  isCompatBuild,
+  isServerRenderer
+) {
+  const replacements = {
+    __COMMIT__: `"${process.env.COMMIT}"`,
+    __VERSION__: `"${masterVersion}"`,
+    __DEV__: isBundlerESMBuild
+      ? // preserve to be handled by bundlers
+        `(process.env.NODE_ENV !== 'production')`
+      : // hard coded dev/prod builds
+        !isProduction,
+    // this is only used during Vue's internal tests
+    __TEST__: false,
+    // If the build is expected to run directly in the browser (global / esm builds)
+    __BROWSER__: isBrowserBuild,
+    __GLOBAL__: isGlobalBuild,
+    __ESM_BUNDLER__: isBundlerESMBuild,
+    __ESM_BROWSER__: isBrowserESMBuild,
+    // is targeting Node (SSR)?
+    __NODE_JS__: isNodeBuild,
+    // need SSR-specific branches?
+    __SSR__: isNodeBuild || isBundlerESMBuild || isServerRenderer,
+
+    // for compiler-sfc browser build inlined deps
+    ...(isBrowserESMBuild
+      ? {
+          'process.env': '({})',
+          'process.platform': '""',
+          'process.stdout': 'null'
+        }
+      : {}),
+
+    // 2.x compat build
+    __COMPAT__: isCompatBuild,
+
+    // feature flags
+    __FEATURE_SUSPENSE__: true,
+    __FEATURE_OPTIONS_API__: isBundlerESMBuild ? `__VUE_OPTIONS_API__` : true,
+    __FEATURE_PROD_DEVTOOLS__: isBundlerESMBuild
+      ? `__VUE_PROD_DEVTOOLS__`
+      : false,
+    ...(isProduction && isBrowserBuild
+      ? {
+          'context.onError(': `/*#__PURE__*/ context.onError(`,
+          'emitError(': `/*#__PURE__*/ emitError(`,
+          'createCompilerError(': `/*#__PURE__*/ createCompilerError(`,
+          'createDOMCompilerError(': `/*#__PURE__*/ createDOMCompilerError(`
+        }
+      : {})
+  }
+  // allow inline overrides like
+  //__RUNTIME_COMPILE__=true yarn build runtime-core
+  Object.keys(replacements).forEach(key => {
+    if (key in process.env) {
+      replacements[key] = process.env[key]
+    }
+  })
+  return replace({
+    // @ts-ignore
+    values: replacements,
+    preventAssignment: true
+  })
+}
+
+function createProductionConfig(format) {
+  return createConfig(format, {
+    file: resolve(`dist/${name}.${format}.prod.js`),
+    format: outputConfigs[format].format
+  })
+}
+
+function createMinifiedConfig(format) {
+  return createConfig(
+    format,
+    {
+      file: outputConfigs[format].file.replace(/\.js$/, '.prod.js'),
+      format: outputConfigs[format].format
+    },
+    [
+      terser({
+        module: /^esm/.test(format),
+        compress: {
+          ecma: 2015,
+          pure_getters: true
+        },
+        safari10: true
+      })
+    ]
+  )
+}
+
+// temporary patch for https://github.com/nodejs/cjs-module-lexer/issues/79
+//
+// When importing a cjs module from esm, Node.js uses cjs-module-lexer to
+// detect * re-exports from other packages. However, the detection logic is
+// fragile and breaks when Rollup generates different code for the re-exports.
+// We were locked on an old version of Rollup because of this.
+//
+// The latest versions of Node ships an updated version of cjs-module-lexer that
+// has fixed https://github.com/nodejs/cjs-module-lexer/issues/38, however we
+// still need to support older versions of Node that does not have the latest
+// version of cjs-module-lexer (Node < 14.18)
+//
+// At the same time, we want to upgrade to Rollup 3 so we are not forever locked
+// on an old version of Rollup.
+//
+// What this patch does:
+// 1. Rewrite the for...in loop to Object.keys() so cjs-module-lexer can find it
+//    The for...in loop is only used when output.externalLiveBindings is set to
+//    false, and we do want to set it to false to avoid perf costs during SSR.
+// 2. Also remove exports.hasOwnProperty check, which breaks the detection in
+//    Node.js versions that
+//
+// TODO in the future, we should no longer rely on this if we inline all deps
+// in the main `vue` package.
+function cjsReExportsPatchPlugin() {
+  const matcher =
+    /for \(var k in (\w+)\) {(\s+if \(k !== 'default') && !exports.hasOwnProperty\(k\)(\) exports\[k\] = (?:\w+)\[k\];\s+)}/
+  return {
+    name: 'patch-cjs-re-exports',
+    renderChunk(code, _, options) {
+      if (matcher.test(code)) {
+        return code.replace(matcher, (_, r1, r2, r3) => {
+          return `Object.keys(${r1}).forEach(function(k) {${r2}${r3}});`
+        })
+      } else if (options.file.endsWith('packages/vue/dist/vue.cjs.js')) {
+        // make sure we don't accidentally miss the rewrite in case Rollup
+        // changes the output again.
+        throw new Error('cjs build re-exports rewrite failed.')
+      }
+    }
+  }
+}
diff --git a/tsconfig.json b/tsconfig.json
index 4f0b12dfb..29c7aee3f 100644
--- a/tsconfig.json
+++ b/tsconfig.json
@@ -13,6 +13,7 @@
     "noUnusedLocals": true,
     "experimentalDecorators": true,
     "resolveJsonModule": true,
+    "isolatedModules": true,
     "esModuleInterop": true,
     "removeComments": false,
     "jsx": "preserve",