deficit

Strive to reduce budget deficit in financial plan for 2023-2025

10:44 | 14/11/2022 Finance

VCN - The domestic market's investment environment has improved, making Vietnam an attractive destination for foreign investors. As a result, trade activities have been expanded, and exports have maintained positive growth thanks to trade agreements.

Vietnam sees trade deficit of 500 million USD in January

18:01 | 30/01/2022 Import-Export

Vietnam posted a trade deficit of 500 million USD in the first month of 2022, according to the General Statistics Office (GSO).

Budget deficit for 2022-2024 is about 3.8% of GDP

16:25 | 28/12/2021 Finance

VCN - According to the assessment, the international and domestic situation in 2022 is forecast to have advantages and disadvantages, but more difficulties.

State budget revenue in nine months rises by 9.2%

09:29 | 09/10/2021 Finance

VCN – Due to the Covid-19 pandemic, the State Budget collection has been affected, but the revenue in the first nine months recorded growth year-on-year.

State budget revenue in six months of 2021: many tax departments report impressive results

07:56 | 10/07/2021 Finance

VCN - Due to the fourth outbreak of the Covid-19 pandemic, the tax sector has introduced many key solutions to reach the "dual" goal of fighting the pandemic while fulfilling the assigned budget task.

Import-export turnover increases slightly, Vietnam continues to have trade deficit

13:00 | 28/02/2020 Import-Export

VCN - Import-export turnover in the first half of February has increased compared to the previous 15 days in January.

Oil price drops sharply, surplus of petroleum price stabilization fund was VND 2,779.5 billion

15:20 | 12/02/2020 Import-Export

VCN- In 2019, the first quarter deficit was more than VND620.6 billion, the second quarter deficit nearly VND500 billion; the third quarter surplus more than VND2,000 billion.

Vietnam runs US$100-million trade deficit in January

20:22 | 31/01/2020 Import-Export

Vietnam posted an estimated trade deficit of US$100 million in January this year, said the General Statistics Office in a report on the country’s socio-economic performance.

US deals power up trade for balancing out deficit

18:09 | 12/12/2019 Import-Export

Vietnam is reaching for aircraft and energy orders to balance trade further with the United States, with the future prospects to increase footing of investment and trading flows from the US being in the pipeline.

US$ 280 billion of Vietnam’s import and export turnover comes from Asia

20:45 | 24/11/2019 Import-Export

VCN - Asia is the region with the largest market share of Vietnam's import-export turnover, accounting for more than80 percent.

A record trade surplus

08:53 | 21/11/2019 Import-Export

VCN - By the end of October, the Customs statistics data showed a record trade surplus for Vietnam so far.

Vietnam runs trade deficit of nearly US$28 billion with China

19:36 | 09/10/2019 Import-Export

Vietnam’s trade deficit with China has been increasingly widening and exceeding US$27 billion during the first nine months of the year, according to statistics released by the Ministry of Industry and Trade.

Trade deficit is still within control: economists

19:28 | 24/06/2019 Import-Export

“Unlike two years ago, many analysts have warned that Vietnam will m witness a trade deficit. However, I believe the trade deficit will still be within control,’ said Vo Tri Thanh, a respected economist.

Vietnam’s trade deficit in the first 2 months was normal

18:56 | 18/03/2019 Import-Export

VCN- In fact, looking at the whole economy and the relationship with the global economies, nowadays, Vietnam is still in the state of trade deficit.

Vietnam’s fiscal deficit likely to remain wide during 2019

20:09 | 20/02/2019 Import-Export

With budget collection likely to be constrained due to the loss of import duties and tariffs as Vietnam continues open up its trade doors, the country’s budget deficit as a share of GDP is likely to remain wide, as predicted by a research firm.