Trade deficit due to input material imports

by VTV414 April 2017 Last updated at 09:59 AM

VTV.vn - Exports increased by 5.8 billion USD while imports amounted to over 8.5 billion USD in the first quarter.

 

 

The faster import growth was the main reason for the trade deficit. Vietnam's exports still depend on imports as many input materials are bought from abroad.

The trade deficit in this period will not necessarily be a definitive trend unless it continues until the year-end, but it indicates several issues which need to be addressed.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-05-24 13:08 UTC

WEATHER FORECAST

Today - Wednesday May, 24
Thunderstorms
24/29
Thursday May, 25
Mostly Cloudy
24/30
Friday May, 26
Partly Cloudy
23/31
Saturday May, 27
Partly Cloudy
22/31
Sunday May, 28
Mostly Cloudy
22/31
Monday May, 29
Mostly Cloudy
25/31
Tuesday May, 30
Mostly Cloudy
25/31
Wednesday May, 31
Mostly Cloudy
26/32
Thursday Jun, 01
Mostly Cloudy
27/33
Friday Jun, 02
Mostly Cloudy
28/32