TPP has long-term advantages Business

TPP has long-term advantages

Vietnam could experience increasing trade deficit in the initial stage of joining into Trans-Pacific Partnership (TPP) due to higher foreign direct investment.
Lending picks up, HSBC says Business

Lending picks up, HSBC says

Lending by banks has been accelerating, growing at 18.2 percent in the year-to-date compared to the same period last year, according to HSBC's monthly report Vietnam at a Glance released on October 2.
Trade deficit with China grows wider Business

Trade deficit with China grows wider

The Ministry of Industry and Trade announced that Vietnam's trade deficit with China continued to grow, presently at 22.3 billion USD, and with another quarter of the year left to go.
Trade deficit reaches 3.4 billion USD in seven months Business

Trade deficit reaches 3.4 billion USD in seven months

Vietnam's trade deficit was estimated to have reached 3.37 billion USD in the first seven months of 2015, 300 million USD more than 3.07 billion USD in the year’s first half, the General Statistics Office (GSO) reported on July 27 in Hanoi.
Trade deficit reaches 3 billion USD Business

Trade deficit reaches 3 billion USD

The total merchandise export turnover was recorded at 63.2 billion USD in the first five months of this year, an increase of 7.3 percent over last year's figure.

Meanwhile, the total import turnover reached 66.2 billion USD, recording an increase of 15.8 percent from last year.