Vietnam's Nov trade deficit seen at $200 mln
Friday, November 27,2015
AsemconnectVietnam - Vietnam's trade data released by the government's General Statistics Office on Thursday:
KEY DATA
Monthly trade, in billions of dollars
|
|
2015 |
|||||||||
|
|
*Nov |
*Oct |
Sept |
Aug |
July |
June |
May |
April |
March |
Feb |
EXP |
14.3 |
14.3 |
13.8 |
14.5 |
14.18 |
14.3 |
13.7 |
13.3 |
13.3 |
9.51 |
IMP |
14.5 |
13.8 |
14.0 |
14.6 |
14.67 |
14.4 |
14.9 |
13.2 |
14.7 |
10.48 |
BAL |
-0.2 |
0.5 |
-0.2 |
-0.1 |
-0.49 |
-0.1 |
-1.2 |
0.1 - |
1.4 - |
0.97 |
* Updated
Figures up to September are based on those previously reported by the statistics office. October figures are revised.
CONTEXT
Vietnam's government has forecast exports will rise 10 percent in 2015, slowing from 13.6 percent last year.
The country has devalued the Vietnamese currency, the dong VND=SBVN VND=VN, three times this year and also widened the dollar/dong trading band twice to help protect exports.
Vietnam could have a trade deficit of $6 billion in 2016, the same as this year's target, with an anticipated rise in both exports and imports, according to a forecast by the country's investment ministry.
Source: Reuters
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