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Manufacturing

Vietnam trade deficit reaches US$7.36 billion on growing equipment imports

Mar. 26 - Vietnam’s trade deficit in the first quarter of this year reached US$7.36 billion, nearly four times higher than during the same period last year, the General Statistics Office (GSO) reported yesterday.

The GSO attributed the deficit to the depreciation of the U.S. dollar against the Vietnamese dong, resulting in lower earnings for export contracts.




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