Bloomberg News

Vietnam Posts a Trade Deficit of $700 Million for November

November 24, 2011

Nov. 24 (Bloomberg) -- Vietnam’s trade deficit narrowed to $700 million in November from a revised $750 million last month, according to preliminary figures released by the General Statistics Office in Hanoi today. For the 11 months through November, the deficit was $8.9 billion.

Exports rose to $8.6 billion in November from $8.39 billion in October. For the 11 months through November, they climbed 34.7 percent to $87.16 billion. Imports advanced to $9.3 billion in November from a revised $9.14 billion in October. For the 11 months through November, they jumped 26.4 percent to $96.07 billion.

--Jason Folkmanis in Ho Chi Minh City. Editors: Sunil Jagtiani, K. Oanh Ha

To contact the reporter on this story: Jason Folkmanis in Ho Chi Minh City at folkmanis@bloomberg.net

To contact the editor responsible for this story: Stephanie Phang at sphang@bloomberg.net


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