Truong Thanh Wood recorded a deficit after four profitable quarters

Truong Thanh Wood recorded a deficit after four profitable quarters

During the second quarter, Truong Thanh Wood Industries JSC saw a loss of $290,050 in shareholder profit of parent company, reaching $1.83 million.
Modest deficit in future for account

Modest deficit in future for account

An expected decline caused by the global health crisis in exports and inflows of foreign investment and remittances is likely to weaken Vietnam’s external position this year.
Obama to offer entitlement cuts in budget

Obama to offer entitlement cuts in budget

President Barack Obama will make key concessions to Republican foes next week when he unveils his US budget that proposes cuts to cherished entitlement programs, the White House said on Friday.
Obama stands firm on taxes in fiscal cliff showdown

Obama stands firm on taxes in fiscal cliff showdown

US President Barack Obama told opposition Republicans on Wednesday they would have to accept tax increases for the rich if the country was to avoid going over the fiscal cliff.
Trade deficit numbers deceive

Trade deficit numbers deceive

A cooling recent trade deficit is unlikely to be sustained as import-export mechanisms require more work.
Trade deficit with China heads north   northwards

Trade deficit with China heads north northwards

Vietnam’s trade deficit with China hit a record high in the first four months of this year.
Macroeconomic disequilibrium and possible future directions

Macroeconomic disequilibrium and possible future directions 1

After a decade of high annual growth until 2007, Vietnam has experienced a slowdown since 2008 with the onset of the global economic crisis, when its gross domestic product (GDP) growth fell to 6.2 per cent and then further to 5.2 per cent in 2009.
Time to think outside the box

Time to think outside the box

The consumer price index rise of nearly 12 per cent in 2010 showed that inflation had returned right when the economy started to rebound.
Addressing deficit needs a rethink

Addressing deficit needs a rethink

A more effective use of investment will help Vietnam address its ballooning trade deficit more efficiently than expanding exports.
Negative indicators sparking concerns

Negative indicators sparking concerns

“High budget overspending is expected to last during the coming years because the government continues to apply a loosened fiscal policy to support the economic growth”
Trade deficit fears still lurk

Trade deficit fears still lurk

Vietnam is expected to see a 5 per cent trade deficit rise this year, triggering macroeconomic concerns.
Good trade deficit news has a sting in the tail

Good trade deficit news has a sting in the tail

Vietnam could keep its targeted monthly trade deficit below $1 billion this year, but the country’s widening total trade imbalance remains a headache.