Vietnam reports $177 million trade deficit in MayStaff writer ▼ |
Asian economy The General Department of Vietnam Customs:
Vietnam saw a trade deficit of $177 million in May after two months enjoying slight surplus, according to statistics from the General Department of Vietnam Customs.
During the first five months of this year, Vietnam’s foreign trade totalled $133.25 billion, a year-on-year increase of 2.2%. The national balance of trade saw a surplus of $1.64 billion with export turnover at $67.44 billion and import value at $65.8 billion.
Foreign-invested enterprises posted $8.34 billion in trade surplus while domestic businesses ran a trade deficit of nearly $6.7 billion. ■
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