trade deficit

Update news trade deficit

Rice export earnings hit over US$2.05 billion; VietinBank Deputy CEO appointed as SBV Chief; Customs intensify inspection on milk import-export; Foreign companies eye Vietnamese retail market

BUSINESS IN BRIEF 27/8

Trade deficit reaches $456m; VN Airlines offloads Techcombank shares, bonds as part of restructure; Russians open trade office; Healthcare hike lifts August CPI

BUSINESS IN BRIEF 30/7

 Vietnam runs 200m USD trade surplus in July; Goods and services retail sales up 12 percent; Work starts to upgrade north-south highway; Steel, cement sectors to pay more for power

BUSINESS IN BRIEF 5/7

 Vietnam, EU begins new FTA round; Farm exports decrease; US fund to invest more in Masan subsidiary; Vietnam Mazda exports cars to Laos

Foreign investment reaches $10.5b

VietNamNet Bridge – Newly registered and additional foreign direct investment (FDI) capital in Viet Nam totalled US$10.5 billion in the first half this year, or a 16 per cent increase over the same period last year.

BUSINESS IN BRIEF 27/6

 Agricultural exports decline; SMEs to get support from eco-consulting centre; FDI hits nearly US$10.5 billion in six months; US pursues tra, basa fish investigations; Mixed reaction to VN trade deficit figures

Trade deficit runs at US$1 bln in 6 months

 Vietnam’s trade deficit rose to US$1.06 billion from the beginning of the year to June 15 despite increased exports.

Both trade deficit and surplus cause big worries to Vietnamese

Just within half a year, Vietnam’s foreign trade has gone from one extreme to another. However, both the trade deficit and trade surplus cause worries.

Vietnam should reproach itself for letting Chinese goods dominate market

VietNamNet Bridge – The lack of the technical barriers has created a “flat word” which paves the way for Chinese low quality goods to penetrate the domestic market.

Japan's trade deficit expands 70% in April

 Japan's trade deficit expanded a worse-than-expected 70 percent on year to $8.6 billion in April, government data showed Wednesday, as a weaker yen made imports costlier.

BUSINESS IN BRIEF 26/4

 EWEC 2013 Fair to be held in Danang city; Garments, textiles to lead exports if growth maintained; Viglacera to expand market in Russia; Samsung set to increase investment in Vietnam

BUSINESS IN BRIEF 27/3

Japan committed US$2 billion ODA to Vietnam; Fishery sector aims for stronger capacity; Consumers encouraged to buy local products; Central coast focuses on tourism development

Japan logs $8.1 billion trade deficit in February

 Japan logged another trade deficit in February, this time of $8.1 billion according to data released Thursday, reversing a year-earlier surplus and underscoring the uncertain state of the world's third-largest economy.

Vietnam spends too much money on imports

Vietnam has been not only importing the products it needs, but the products it can make as well.

Dong/dollar exchange rate not to be compressed in 2013

It is highly possible that the State Bank of Vietnam would not make commitments on a fixed maximum depreciation of the local currency in 2013, but a flexible exchange rate policy would be pursued.

Vietnam exports more than imports in 2012: titled but penniless

VietNamNet Bridge – Vietnam, for the second time in history, witnessed a trade surplus of $284 million in 2012, or 20 years after the first time. However, the achievement has not been applauded by economists.