Vietnam looking at $4 billion trade deficit in 2015
Vietnam could run up a US$4 billion trade deficit for the whole year after three consecutive years of a trade surplus, the Ministry of Industry and Trade (MOIT) said.
The trade deficit would account for 2.4 per cent of total exports, much lower than the set target of five per cent set by the National Assembly early this year. It would also be lower than the ministry’s previous forecast of $6 billion or between 3.3 per cent and 3.6 per cent of total exports.
