Analyst Pin-board: Update on Vietnam’s Trade in 8M2019
According to Customs’ data, Vietnam’s total trade value reached USD 340 Bln in 8M2019, up 8/9% YoY. Export growth was 8.7% YoY while import growth stood at 9.2% YoY. The trade balance surplus was USD 5.2 Bln, slightly below last year’s USD 5.4 Bln. We want to point out three things, including 1) Trends of export and import growth, 2) Trade balance with US and China, and 3) FX rate movement “
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