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PM directs maintaining macro-economic stability

PM directs maintaining macro-economic stability

Prime Minister Nguyen Tan Dung has offered a number of specific instructions after being updated on the positive socio-economic performance during January-August, asking to continue maintaining firmly macro-economic stability.

Vietnam's trade deficit: A signal of strength

Vietnam's trade deficit: A signal of strength

(VOV) - The nation’s trade deficit grew by more than US$3.07 billion in the six months leading up to July 2015— a further vindication of the nation’s improving economy, reports the General Department of Vietnam Customs.

Exports hike up 9.3% annually in first half

Exports hike up 9.3% annually in first half

Vietnam exported US$77.7 billion worth of commodities during the first half of 2015, a year-on-year increase of 9.3%, the General Statistics Office estimated.

Vietnam urged to tap China trade, investment

Vietnam urged to tap China trade, investment

China is expected to import more than US$10 trillion in goods and services and invest US$500 billion abroad in the next five years, offering opportunities for Vietnam and other countries in the Asia-Pacific region.

Trade deficit recorded during first five months of 2015

Trade deficit recorded during first five months of 2015

Vietnam recorded a trade deficit of more than US$3 billion, despite an increase in exports, in the first five months of 2015, according to the most recent statistics released by the Vietnam Customs agency.

Steel businesses strive to compete in integration process

Steel businesses strive to compete in integration process

(VOV) - Soon after Vietnam signed a free trade agreement with the Eurasian Economic Union EEU, domestic steel businesses are likely to compete fiercely with foreign rivals, especially those from Russia and the Commonwealth of Independent States which are enjoying zero duties.

Exports to China surge 10% per year

Exports to China surge 10% per year

(VOV) - Vietnam’s exports to China rises by 10% per year, however, the country’s trade deficit with China remains large.

Vietnam’s deficit widens as domestic demand rebounds

Vietnam’s deficit widens as domestic demand rebounds

(VOV) - The Vietnam trade deficit widened less than expected in the five months leading up to June and a rebound in imports hinted to some firming in domestic demand early in the second quarter of the year.

Vietnam first quarter trade deficit better than expected

Vietnam first quarter trade deficit better than expected

(VOV) -Surging exports in the latter half of April helped contain Vietnam’s trade deficit for the four months leading up to May to a manageable figure, according to recently released statistics from the General Statistics Office of Vietnam (GSO).

ANZ sees Vietnam trade deficit as ‘good’

ANZ sees Vietnam trade deficit as ‘good’

Vietnam’s trade deficit is inevitable in Vietnam for 2015 and 2016 but the coming deterioration in the country’s trade balance is assessed as ‘good’, said ANZ Bank.

Trade deficit US$3.1b as imports increase 18.9%

Trade deficit US$3.1b as imports increase 18.9%

The country's total export and import turnover reached US$88.4 billion by April 15, a year-on-year increase of 13.9 %, according to the General Department of Vietnam Customs.

Vietnam records US$1.8b trade deficit

Vietnam records US$1.8b trade deficit

Vietnam recorded a trade deficit of US$1.8 billion in the first three months of this year, accounting for 9% over the total export-import turnover.

Exports help lower trade deficit

A surge in exports has seen Vietnam's trade deficit drop sharply in the first two months of the year, the General Statistics Office (GSO) said.

Export plan looks to wipe out trade deficit by 2020

Export plan looks to wipe out trade deficit by 2020

Vietnam targets average export growth of 11-12 per cent a year until 2020 and gradual reduction of imports to wipe out the trade deficit by then and achieve a surplus by 2030, according to its overseas market development plan.