Update news trade deficit
VietNamNet Bridge – Vietnam could see a trade deficit in 2015 after three consecutive years of a surplus, as prices for crude oil, which Vietnam exports, have plummeted.
VietNamNet Bridge – Viet Nam's trade deficit with China could hit a new record high of US$27 billion in 2014, a 14-per cent year-on-year increase,
Vietnam and China both have committed to increase the two way trade turnover to $60 billion by 2015. Analysts believe that China would get more slices of the $60 billion cake.
VietNamNet Bridge – South Korean goods, following the South Korean culture, have been flocking to Vietnam. Experts have warned that the “South Korean wave” would make the trade deficit more serious.
Japan's trade deficit in the first half of fiscal 2013, namely April to September logged a record high of 4,989.2 billion yen (50.98 billion U.S. dollars), local media reported Monday.