Oil Demand Will Limit Trade Deficit Improvement

September 2006
Asia Monitor: South East Asia Monitor Volume 1;Sep2006, Vol. 17 Issue 9, p5
Country Report
Country Report
The article reports on the abrupt decrease in Vietnam's trade deficit in January-July 2006 and the possibility of limiting the improvement of trade deficit due to higher oil imports. Estimates by Vietnam's General Statistics Office of the country's trade deficit and the Asian Development Bank's forecasts on the trade deficit are offered. The increasing oil demand in the country is discussed.


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