Published:
Vietnam posts $100m trade surplus in July
This was despite market expectations of a $150 million deficit.
OCBC noted:
Vietnam posted a strong $100 million trade surplus in July despite market expectations of a $150 million deficit.
Inflation continues to slow to a 32 month low of -0.29% mom in July, giving SBV more room to loosen its monetary policy to support growth.
Government debt is to adhere to a lower cap of 55% of GDP by 2020. Debt accumulation is also not allowed to exceed 25% of total state budget revenue every year.
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