Vietnam Records Record Trade Deficit Amidst Soaring Imports and Exports
Economy

Vietnam Records Record Trade Deficit Amidst Soaring Imports and Exports

Vietnam has recorded a trade deficit exceeding $20 billion in the first seven months of the year, a new historical high. While exports are strong, imports have surged even faster, contributing to the imbalance. New US tariffs also cast a shadow over Vietnam's economy.

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