diff --git a/CHANGELOG.md b/CHANGELOG.md
index 34079500d0..6c07f0ad4a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -34,6 +34,7 @@
 - Fix regression in pattern matching for optional fields containing variants. https://github.com/rescript-lang/rescript/pull/7440
 - Fix missing checks for duplicate literals in variants with payloads. https://github.com/rescript-lang/rescript/pull/7441
 - Fix printer removing private for empty record. https://github.com/rescript-lang/rescript/pull/7448
+- Fix: handle dynamic imports with module aliases. https://github.com/rescript-lang/rescript/pull/7452
 
 #### :house: Internal
 
diff --git a/compiler/core/lam_convert.ml b/compiler/core/lam_convert.ml
index a12b25ac57..c62eed5d0b 100644
--- a/compiler/core/lam_convert.ml
+++ b/compiler/core/lam_convert.ml
@@ -442,6 +442,22 @@ let convert (exports : Set_ident.t) (lam : Lambda.lambda) :
         in
         Lam.function_ ~attr ~arity:(List.length params) ~params
           ~body:(convert_aux body)
+    | Llet (_, _, _, Lprim (Pgetglobal id, args, _), _body) when dynamic_import
+      ->
+      (*
+        Normally `await M` produces (global M!)
+        but when M contains an alias such as `module VS = VariantSpreads`,
+        it produces something like this:
+      
+        (let (let/1202 = (global M!))
+              (makeblock [x;M;y;X] (field:x/0 let/1202)
+                ...)
+
+        Here, we need to extract the original module id from the Llet.
+      *)
+      may_depend may_depends (Lam_module_ident.of_ml ~dynamic_import id);
+      assert (args = []);
+      Lam.global_module ~dynamic_import id
     | Llet (kind, Pgenval, id, e, body) (*FIXME*) -> convert_let kind id e body
     | Lletrec (bindings, body) ->
       let bindings = Ext_list.map_snd bindings convert_aux in
diff --git a/tests/tests/src/DynamicImportModuleWithAlias.mjs b/tests/tests/src/DynamicImportModuleWithAlias.mjs
new file mode 100644
index 0000000000..cf6a3c2bbb
--- /dev/null
+++ b/tests/tests/src/DynamicImportModuleWithAlias.mjs
@@ -0,0 +1,12 @@
+// Generated by ReScript, PLEASE EDIT WITH CARE
+
+
+async function foo(z) {
+  let Utils = await import("./ModuleWithAlias.mjs");
+  return Utils.x + z | 0;
+}
+
+export {
+  foo,
+}
+/* No side effect */
diff --git a/tests/tests/src/DynamicImportModuleWithAlias.res b/tests/tests/src/DynamicImportModuleWithAlias.res
new file mode 100644
index 0000000000..c68d3270c8
--- /dev/null
+++ b/tests/tests/src/DynamicImportModuleWithAlias.res
@@ -0,0 +1,5 @@
+let foo = async z => {
+  module Utils = await ModuleWithAlias
+
+  Utils.x + z
+}
diff --git a/tests/tests/src/ModuleWithAlias.mjs b/tests/tests/src/ModuleWithAlias.mjs
new file mode 100644
index 0000000000..4610eac51e
--- /dev/null
+++ b/tests/tests/src/ModuleWithAlias.mjs
@@ -0,0 +1,15 @@
+// Generated by ReScript, PLEASE EDIT WITH CARE
+
+
+let x = 12;
+
+let VS;
+
+let y = 13;
+
+export {
+  x,
+  VS,
+  y,
+}
+/* No side effect */
diff --git a/tests/tests/src/ModuleWithAlias.res b/tests/tests/src/ModuleWithAlias.res
new file mode 100644
index 0000000000..aff0c6804c
--- /dev/null
+++ b/tests/tests/src/ModuleWithAlias.res
@@ -0,0 +1,5 @@
+let x = 12
+
+module VS = VariantSpreads
+
+let y = 13