Trade Deficit To Peak At US$8.2bn In 2007

August 2007
Asia Monitor: South East Asia Monitor Volume 1;Aug2007, Vol. 18 Issue 8, p1
Country Report
Country Report
The article reports on the 2007 trade deficit forecast for the Vietnamese trade industry. Vietnamese imports have increased 30.4 percent in 2007, on the back of high steel and machinery imports and the removal of trade barriers after the country's accession to the World Trade Organization (WTO) in January. With the high import figures, it prompted Business Monitor International to revise its forecast for the full-year trade deficit from $5.7 billion to $8.2 billion.


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