Trade deficit due to input material imports
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.
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