Trade surplus estimated at US$1 billion in July

Trade surplus estimated at US$1 billion in July

The trade balance of goods in July is estimated to have a trade surplus of US$1 billion. In the first seven months of this year, the trade balance saw a trade surplus of $6.5 billion, of which, the domestic economic sector had a trade deficit of $11.1 billion, and the foreign-invested sector, including crude oil, recorded a trade surplus of $17.6 billion.
Trade deficit at nearly US$1 million in May

Trade deficit at nearly US$1 million in May

According to the General Department of Vietnam Customs, the trade balance of Vietnam saw an estimated trade deficit of US$900 million in May, but still recorded a trade surplus of $1.88 billion in the first five months of this year.
Shipping containers at Tanjung Priok Port in Jakarta (Shutterstock.com)

Indonesia reports trade deficit in November

Indonesia posted its biggest trade deficit in seven months in November, as exports fell more than expected and imports of consumer goods soared ahead of year-end festivities.

Trade deficit from China rises 45.9 percent

Trade deficit from China rises 45.9 percent

Vietnam saw a trade deficit of US$1.3 billion in May this year, according to the General Statistics Office of Vietnam's report on the trade balance of goods.
Heo Yoon, a professor from Sogang University Graduate School of International Studies and President of the Korean Association of Trade and Industry Studies, addresses the seminar on November 16. (Photo: VNA)

Vietnam-RoK trade up but deficit grows

Over the past 25 years, the economic ties between Vietnam and the Republic of Korea have flourished, but the trade imbalance between the two countries has reached an alarming level.