Vietnam’s export turnover in 2011 is forecasted to reach some $90 billion, and import value at $102 billion. Thus, the country’s trade deficit would be $12 billion, equaling to 13.3% of the export turnover, according to Ministry of Planning and Investment (MoPI). However, many experts from the Ministry of Industry and Trade (MoIT) said that [...]
Vietnam’s exports to Japan have increased consistently this year, reaching a rise of 30 percent so far. The General Department of Vietnam Customs reported that the country’s exports to the market in the past 7 months reached US$5.4 billion, accounting for 10.4 percent of the country’s total exports. Japan currently imports many key Vietnamese products, [...]
Vietnam’s consumer price index (CPI) in August rose by 0.93 per cent against last month, the lowest monthly increase since the beginning of this year. But the index soared 23.02 per cent over the same period of 2010, pushing CPI in the past eight months on average up by 17.64 per cent compared to the [...]
Vietnam consumer price index in August is estimated to slow down to 0.93% from July, the lowest level since September 2010, the General Statistics Office said on its website. August increase led the figure to have risen by 15.68% from December, 23.02% on year and on average, CPI in the first 8 months of this [...]
Vietnam’s export turnover to Africa reached US$2.6 billion in the first seven months of this year, up 172 percent from the same period last year. Africa was one of the key markets, where Vietnam had maintained a trade surplus, reaching nearly US$1.88 billion in the reviewed period, according to the General Customs Department. Vietnam’s exports [...]
The Economist Intelligence Unit (EIU) in its August report lowered the 2011 GDP growth forecast for Vietnam to 6% from initial 6.3% offered in June report. According to EIU, high interest rates and increasing inflation reduced individual consumer and investment growth. But, the country’s government may bring the inflation under control without big impacts on [...]
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