Protracted restrictions put main growth drivers at risk

Protracted restrictions put main growth drivers at risk

A continued trade deficit over the past few months and an expected drop caused by the global health crisis in inflows of foreign investment are unlikely to weaken Vietnam’s external position this year.
Vietnam maintains positive outlook for economic recovery in 2021: WB

Vietnam maintains positive outlook for economic recovery in 2021: WB

The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
South Korea takes over China in Vietnam trade deficit ranking

South Korea takes over China in Vietnam trade deficit ranking

South Korea superseded China last year to become the country towards which Vietnam ran the biggest trade deficit.
Export challenges may widen trade deficit

Export challenges may widen trade deficit

The trade deficit will be a big challenge for the economy this year due to tax incentives the lower the price of imported goods on the Vietnamese market.
Surplus figures send mixed messages

Surplus figures send mixed messages

Reversing a typical pattern, Vietnam recorded a trade surplus of $1.68 billion during the first two months of 2013.
Trade deficit offers hope

Trade deficit offers hope

Vietnam’s trade deficit this year is expected to be dramatically lower than the target set early this year owing to the strong performance by foreign-backed companies in Vietnam.
Vietnam dong to devaluate 2.5pct at most: ANZ

Vietnam dong to devaluate 2.5pct at most: ANZ

The Vietnam dong will face a slight devaluation of 2-2.5 per cent in 2012 due to a $6-7 billion surplus in balance of payments (BoP), said a recent report on Vietnam’s macro-economy by the Australia-New Zealand Banking Group (ANZ).
EU to offer a trade bonanza

EU to offer a trade bonanza

Vietnamese firms are urged to export more processed products to the rich European Union market.
PM approves trade strategy, during 2011-30

PM approves trade strategy, during 2011-30

Prime Minister Nguyen Tan Dung has signed a decision to ratify an import/export strategy for the period 2011-20 with an orientation towards 2030.
Export turnover likely to reach $84 bln

Export turnover likely to reach $84 bln

Export turnover is expected to hit $84.5 to 85.5 billion for the year, $6.1 billion higher than the target set by the National Assembly.
Experts voice scepticism over forex market stability

Experts voice scepticism over forex market stability

If Vietnam fails to curb its trade deficit, its forex market may become unstable in the long-term, said an expert.
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.
Strong hand is knocking forex market into shape

Strong hand is knocking forex market into shape

Vietnam’s love affair with the US dollar is waning following the government’s determined action to place the market under control.
Local currency struggling to keep its head above water

Local currency struggling to keep its head above water

The black market foreign exchange rate moved shortly after the official rate was adjusted by the central bank.
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.
1 2