Reuters, Hanoi, December 27-According to data released by the government on Sunday, Vietnam may record a US$1 billion trade deficit in December.
The General Statistics Office (GSO) said in a statement that exports in December may increase by 17% from the same period last year to 26.5 billion US dollars, while imports may increase by 22.7% to 27.5 billion US dollars.
GSO’s trade data are traditionally released before the end of the reporting period and are usually revised.
GSO said that by 2020, exports of Southeast Asian countries may increase by 6.5% to US$281.47 billion, while imports will increase by 3.6% to US$262.41 billion, which means a trade surplus of US$19.06 billion.
According to GSO, Vietnam’s industrial output value increased by 3.4% in 2020, and average consumer prices increased by 3.23%. (Reporting by Khanh Vu; Editing by Kenneth Maxwell)
Post time: Jan-07-2021
