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trade balance

Viet Nams current account forecast at 3.7% in 2020

Viet Nam's current account forecast at 3.7% in 2020

Viet Nam’s current account surplus could narrow to 3.7 per cent in 2020 from 4.9 per cent last year due to the impacts of the COVID-19 pandemic, according to a report from Fitch Solutions.
Trade surplus hits record in seven months

Trade surplus hits record in seven months

Việt Nam’s trade balance posted positive US$2.77 billion in July, lifting total trade surplus to $8.23 billion in the first seven months of 2020, the latest data of the General Department of Việt Nam Customs revealed.
Stronger US dollar, weaker yuan weigh on trade

Stronger US dollar, weaker yuan weigh on trade

 The Vietnamese economy is walking a careful tightrope amid rapid developments around the world, especially the spiraling US-China trade war and the US Federal Reserve’s rate hikes, which are weighing on exchange rates and Viet Nam’s trade balance.
Deputy PM calls for sustained growth effort

Deputy PM calls for sustained growth effort

Deputy Prime Minister Trinh Dinh Dung revisited the themes of macroeconomic stability and sustainable development yesterday as he urged a concerted effort to reach future growth targets.
Production improves, trade unbalanced: MoIT

Production improves, trade unbalanced: MoIT

Production and business results improved in the first two months of this year, but trade was unbalanced with strong growth in auto and mobile phone imports, the Ministry of Industry and Trade reported.
Forex policy aims to control trade deficit

Forex policy aims to control trade deficit

As a trade deficit pressure on exchange rate has been predicted, the State Bank of Viet Nam is actively operating a forex policy consistent with trade deficit and economic growth.
Trade deficit dives to 95m

Trade deficit dives to $95m

The national trade deficit reached US$95.5 million in the first 11 months of this year, the lowest level since deficits returned in the foreign trade balance in April, according to the General Statistics Office (GSO).
VN enjoys surprise trade surplus

VN enjoys surprise trade surplus

Viet Nam''s trade balance reached a US$100 million surplus for the month of October, according to the General Department of Customs, defying previous forecasts of a $200 million trade deficit.