Vietnam’s trade surplus with US worries economists - News Summed Up

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Vietnam’s trade surplus with US worries economists


Vietnam’s trade surplus with US worries economistsVietNamNet Bridge - “The surplus in trade with the US is not good at all. A deficit would be more reasonable for developing economies like Vietnam,” said Bui Ngoc Son of the Institute of World Economics and Politics. The US spent $38.1 billion to buy Vietnam’s goods, while it only exported $8.7 billion worth of products to Vietnam. This means that the US saw the deficit of $29 billion in trade with Vietnam. But the situation in Vietnam is the opposite.“We don’t import products from the US because US products are always expensive,” he said.


Source: VietNamNet News February 04, 2017 01:07 UTC



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