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Vietnam-Israel trade yields US$236 mln in two months

Vietnam-Israel trade yields US$236 mln in two months

VOV.VN - Two-way trade between Vietnam and Israel hit US$236.58 million in the first two months of this year, with the latter enjoying a trade surplus, according to the Vietnamese Trade Office in Israel.

Still a key export earner

Still a key export earner

Though agro-product exports recorded flat growth in 2019, the products remain a key contributor to Vietnam’s trade surplus achievement

Trade deficit is still within control: economists

Trade deficit is still within control: economists

“Unlike two years ago, many analysts have warned that Vietnam will m witness a trade deficit. However, I believe the trade deficit will still be within control,’ said Vo Tri Thanh, a respected economist.

Vietnam’s trade deficit hits US$1.3 billion

Vietnam’s trade deficit hits US$1.3 billion

VOV.VN - Vietnam’s trade balance sustained an estimated deficit of up to US$1.3 billion during May, leading to the total trade deficit amounting to US$548 million for the year’s first five months.

Trade deficit with China nears US$12b in Jan-Apr

Trade deficit with China nears US$12b in Jan-Apr

Vietnam ran a trade deficit of US$11.9 billion with China in the first four months of the year, up a staggering 53.8% year-on-year. China remained the largest supplier of goods to Vietnam during the period, according to the General Statistics Office (GSO).

Vietnam better off without China – US trade deal

Vietnam better off without China – US trade deal

Tariffs on Chinese goods exported to the US have accelerated manufacturing activity moving from North to Southeast Asia, and Vietnam is best positioned to benefit from this trend, according to Viet Dragon Securities Company (VDSC).

Trade deficit not a cause for concern

Trade deficit not a cause for concern

Despite Vietnam’s large trade deficit with the Republic of Korea, concerns are being allayed with the latter boosting investment and exports for production and re-export in the former, to take advantage of tax cuts under a regional trade pact.

Vietnam’s trade deficit with Thailand to balloon

Vietnam’s trade deficit with Thailand to balloon

Vietnam-Thailand trade is likely to hit US$20 billion in 2020, but the target to keep the trade value in balance may not be met with Vietnam currently running huge trade deficit with the neighbouring country.

Outcomes of FDI-reliant economy

Outcomes of FDI-reliant economy

Vietnam’s economy has the highest ratio of exports against the gross domestic product (GDP) in the world.