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.
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.
