Narrowing Trade Deficit To Bring Improved BoP

March 2009
Asia Monitor: South East Asia Monitor Volume 1;Mar2009, Vol. 20 Issue 3, p1
Country Report
The article presents views concerning the trade deficit in Vietnam. The Business Monitor International (BMI) expects Vietnam's trade deficit to narrow sharply to US$9.3 billion in 2009 after the record of US$17.5 billion shortfall accumulated in 2008. It states that the condition will lead to a significant improvement in the country's balance-of-payments situation despite an expected fall in remittances and foreign direct investment inflows.


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