Capital Imports Drive Trade Deficit Wider

April 2007
Asia Monitor: South East Asia Monitor Volume 1;Apr2007, Vol. 18 Issue 4, p1
Country Report
Country Report
The article reports on the signs of deterioration observed in the trade balance in Vietnam. A $5.65 billion trade deficit is expected to occur in 2007 because of the decline of oil prices and imports. The export value of crude oil fall from 17.6% to 16.0% due to the lower price and limited volume of oil shipments. The impact of the country's World Trade Organization entry on trade deficit is also discussed.


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