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VCSC Daily - Trade balance improves - DPM announces third quarter results – Real estate sector announcements

Market Commentary

25 Oct 2011

The trade deficit improved significantly compared to last year. Trade deficit for October is estimated at USD800 million, an improvement from last month’s USD1.5 billion. Excluding gold, the trade deficit was estimated at USD600 million cf. USD760 million in September. The trade deficit in 10 months was estimated at USD8.39 billion cf. last year figure of VND 10 billion. In the whole year, we forecast a trade deficit of about 10 to USD10.5 billion of dollars from USD 12.6 billion last year.
Tags: DPM

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