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trade balance
Update news trade balance
Vietnam records trade surplus of 1.39 billion USD as of August 15
In the first half of August, the trade balance had a deficit of more than 100 million USD, but from the beginning of the year to August 15, the country had a trade surplus of 1.39 billion USD.
Vietnam trade turnover exceeds $493b as of mid-December
Vietnam’s trade turnover reached more than US$493.7 billion from the beginning of this year to mid-December, statistics from the General Department of Customs revealed.
US asks Vietnam to cut import tariffs on agricultural products
The proposed tariff cut is aimed to balance bilateral trade relations.
VN National Assembly wants trade not to run into deficit deeper than 3% of exports
Vietnam recorded a trade surplus in the past four years, but the National Assembly (NA), wary of uncertainties over global trade conflicts, has set the target of containing the country’s trade deficit versus its total export value below 3% for 2020.
Vietnam’s trade deficit hits US$1.3 billion
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.
Vietnam must take advantage of trade deals
VietNamNet Bridge – Tran Tuan Anh, Minister of Industry and Trade talks to the newspaper Hai Quan (Customs) on how to make the best use of free-trade agreements that have been signed.
RoK proposes trade balance with Vietnam
VietNamNet Bridge – Deputy Foreign Minister of the Republic of Korea (RoK) Ahn Chong Ghee has expressed his government’s desire to strike a trade balance between the two countries.
BUSINESS IN BRIEF 21/8
CBU car imports down in July; Bloomberg highlights Vietnam’s edible bird spit industry; VietJet Air signs technical deal with German company; Footwear sector cashes in on bulk orders
