Is the trade deficit with South Korea a concern for Vietnam? VietNamNet Bridge - Economists have said that the increased trade deficit with South Korea is not expected to lead to changes in Vietnam’s economic structure. China remains Vietnam’s biggest supplier of goods, but South Korea has the highest growth rate of exports to Vietnam. The only change is that Vietnam now imports more products from South Korea instead of China. It had to import a big volume of input materials, which contributed to Vietnam’s high trade deficit with South Korea.

Source: VietNamNet News August 09, 2017 09:22 UTC