trade deficit

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.

BUSINESS IN BRIEF 29/1

Former Ocean Bank chief arrested for economic fraud; Agro, forestry, seafood exports down; Collect $2.4b in arrears, Gov't told; FPT Software targets $1b in 2015 revenue; HCM City targets surge in retail sales; Second-home segment bouncing back

BUSINESS IN BRIEF 6/1

 Ministry urges bank listings to boost transparency; MSN sells Masan Agri, divests from Mivipack; Domestic firms brace for tough competition; Leaders insist public debt increases no cause for alarm

Trade deficit with China poised to hit record high

 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,

Returning trade deficit raises concerns

 VietNamNet Bridge – After eight months of a trade surplus, Vietnam saw an excess of imports over exports again in September and October, due to a high volume of luxury imports.

Vietnam anticipates trade deficit in 2015

VietNamNet Bridge – After three consecutive years of trade surplus, Viet Nam will likely experience a trade deficit next year, the Ministry of Industry and Trade predicted at a meeting last Monday.

BUSINESS IN BRIEF 25/3

Vietnam runs up trade deficit in March; Lao company markets coffee in Vietnam; Japan steps up inspection of shrimp imports; Another Amway factory shaping up in Binh Duong; Vietnam bond issues grow fastest in East Asia

BUSINESS IN BRIEF 25/2

 Firm accused of tax evasion, titanium smuggling; MoF increases petrol, diesel prices; Work starts on $66.6m wood production line; Consumer confidence marks two-year high: market survey; EU tops list of Viet Nam trade partners

BUSINESS IN BRIEF 14/2

 Rice exports slump as prices rise; Vietnam needs to restructure tra fish sector; Seven new air routes to connect to Can Tho City; Local dairy firms hike prices in foreign brands’ footsteps;

Vietnam-China trade: how much can VN get from the $60 billion cake?

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.

BUSINESS IN BRIEF 31/1

 Trade deficit with China up 44.5%; Securing market shares to compete with foreign retail outlets; EU remains Vietnam’s largest export market; Statistics department explains mistakes in January CPI calculation

BUSINESS IN BRIEF 20/12

 Trade deficit with China up 76 times in 10 years; PM: banking sector must act strongly on restructuring; Ministry looks to improve OTT management; New law brings in caretaker for bankruptcy assets

Vietnamese favor for Korean goods raises worry about trade deficit

 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.

BUSINESS IN BRIEF 21/11

 Fuji Xerox opens $119m LED printer factory in Hai Phong; Trade deficit with China hits US$19.7 billion; Trade surplus with EU hits US$10.8 billion; Property disputes mar development

BUSINESS IN BRIEF 2/11

 VN Motor Show revs up record new car sales; Banks quizzed over interest rates; MoF explores import tariff increase; HCMC enjoys trade surplus in ten months; Experts optimistic at mobile marketing

BUSINESS IN BRIEF 1/11

 VN strengthens investor protection, says WB; Phu Yen destined for Viet Nam Seafood Festival 2014; Vietnam-UK trade turnover sees strong growth; Vietnam seeks trade balance solutions; Vietnam opts for solid, feasible economic growth

BUSINESS IN BRIEF 29/10

 Pepper industry aims US$1 billion annual export target; HOSE, NYSE strengthen cooperation; HCM City welcomes Chinese businesses; Russia’s WTO membership impact on Vietnam

Japan sees trade deficit in April-September in record high

 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.

BUSINESS IN BRIEF 26/9

 Monetary policy for 2011-2013 period; Public investment to be tightened; Slow reforms drag bank-risk profiles; HCM City bid to thaw frozen property market

BUSINESS IN BRIEF 18/9

 Tax incentives likely for tech-savvy enterprises; Vinh Long courts investors to back $1.1b project plan; Auto sales August surge bodes well for yearly target; Healthy appetite for animal feed raw material imports