HÀ NỘI — Việt Nam’s trade deficit rose by US$100 million in the first month of the year after enjoying a trade surplus of billions of dollars in 2016. The trade deficit accounts for 0.7 per cent of the export turnover, according to the latest update from the General Statistics Office (GSO). It was followed by South Korea with $2.5 billion (19.3 per cent increase) and ASEAN with $2.1 billion (15 per cent increase). Notably, the FDI sector reported the trade surplus of $1.8 billion in the first month of the year to contribute to reducing the country’s total trade deficit. Total trade value this year was $349.2 billion, a year-on-year increase of 6.6 per cent.

Source: Viet Nam News February 03, 2017 06:56 UTC