Trade Deficit

Local currency gains in strength

Properly explained and enforced policies, together with drastic measures to curb dollarization, have helped to strengthen the local currency

Vietnam’s trade deficit with RoK widens

Vietnam’s trade deficit with the Republic of Korea is rising sharply

Nation’s economy enjoys optimistic start

The nation’s economy has seen good signs in the first two months of this year with the trade deficit being kept at 4.1 percent and the consumer price index staying at the lowest level over the past decade, creating a momentum to overcome future challenges.

Vietnam trade deficit hits 800m USD

With rising export value expected at 9 billion USD in February, Vietnam 's trade balance is likely to fall into deficit, according to the General Statistics Office.

Japan logs record trade deficit in January

Japan posted a record trade deficit in January, data showed Monday, as fuel imports rose following last year's nuclear disaster while exports were hit by a strong yen and slumping demand in Europe

January exports reach 6.5 billion USD

Vietnam earned 6.5 billion USD in exports in January, down by 28.5 percent from last December and 11.1 percent for the same period last year, said the Ministry of Industry and Trade.

Gov’t aims to balance trade

Vietnam is trying to achieve a trade balance by 2020, Minister of Industry and Trade Vu Huy Hoang told the public via the Government web portal chinhphu.vn.

Gov’t not to seek best price in equitization: Deputy PM

HANOI – The Government does not aim at best prices in equitizing State-owned enterprises, as the target of SOE restructuring is to create better governance with more efficient operations and provide a healthier competition environment.

2012 a transitional year for VN's economic restructuring

This year will be an important transitional period for Vietnam to restructure the economy, Deputy Minister Hoang Trung Hai has said

Vietnam dong could weaken by up to 6 pct this yr: advisor

Vietnam's currency, the dong, could lose 5-6 percent of its value against the dollar this year, a government advisory agency predicted on Monday

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From Environment

Nutrious milk smugglers confiscated

THUA THIEN – HUE – Hue City's police turned away a smuggling ring and confiscated 10,000 US's Abbott milk-cans with labels transformed, the town investigative police confirmed with Viet Nam News today.Ton Nu Cam Dung was altering labels of Abbot's Ensure milk at her house with an Cuu Ward's Phan Chu Trinh Street. A lot more than 5,000 cans with yellow labels, 1,600 with blue labels and 500 without label were grabbed.Law enforcement also discovered 50 boxes of milk-cans that contains cans with changed

No funds to evacuate landslide areas

HCM CITY — The dearth of enormous sums of cash to maneuver citizens from landslide – and natural disaster-prone areas causes it to be hard for local government bodies to satisfy the Government's target.Families residing in 100s of landslide-prone areas and 60 river valleys threatened by surges were set to become gone to live in safe areas and assisted with moving, based on the Secretary of state for Agriculture and Rural Development.Pham Khanh Ly, deputy director from the ministry's Department of