Vietnam’s trade deficit

This article aims to research international experience on the impact of trade deficit on state budget deficit in order to provide policy directions for Vietnam’s international trade activities. This is an approach from theory to practice and inherits the results of implementation in other countries, on that basis, synthesizes experience and selects suitable solutions for Vietnam. The article uses purely qualitative research methods such as description, comparison and induction based on international experience.

5p longtimenosee09 08-04-2024 5 2   Download

The automobile industry is an important industry in the process of industrialization and modernization in many countries. Over the years, Vietnam has considered the automobile industry as a priority industry for its development and it has made contributions to the country’s socio-economic development; Domestic manufacturing and assembly enterprises have initially affirmed their role and position in the domestic automobile market and they have made a strong development in both quantity and quality.

7p giangnhanly 02-10-2023 7 2   Download

This article analyzes the status and structure of export commodities between Vietnam and the U.S. in the period 2001–2019 with the focus on 2013–2020 to propose solutions to boost Vietnam’s exports to the US market, which are truly commensurate with the comprehensive partnership established by the two sides.

9p vivelvet2711 17-09-2021 10 1   Download

This paper focuses on the question of whether economic growth was constrained by Vietnam’s balance of payments during the 1990-2004 period, by using the model developed by Thirlwall. Based on quarterly and annual data from the period, we found that economic growth was indeed constrained by the country’s balance of payments, although deficits in the trade and current account were partly relieved by external inflows of capital such as foreign direct investment, official development assistance, and debt.

15p nguathienthan6 02-07-2020 17 1   Download

The first simulation results demonstrate that the elimination of tariffs in the industrial sector will lead to a 9.13 percent increase in household consumption, together with an increase in the factors of production of the agricultural, industrial and service sectors by 9.61, 9.74 and 8.21 percent, respectively. The EVFTA also causes a deficit in the trade balance because the value of imports increases by 12.54 percent, while exports’ value slightly increases by 2.71 percent. Furthermore, there has been a drop of 2.

16p caygaocaolon5 19-05-2020 14 0   Download

This is a technical barrier to companies that want to export wood to the U.S. market. Therefore, to make successful wood export to this market, Vietnam needs to analyze influential factors to wood export and effective measures should be taken by both the government and enterprises. This also aims to reduce the country’s trade deficit.

9p danhnguyentuongvi27 19-12-2018 24 0   Download

In this paper, the linear regression model is employed to analyze impacts of agricultural production and import on CPI from 1990 through 2010. The results show that these two factors profoundly influence Vietnam’s inflation rate.

5p danhnguyentuongvi27 19-12-2018 43 1   Download

During its integration, Vietnam’s economy has undergone macroeconomic instability which negatively affected the economic growth and limited the benefits derived from integration. Due to macroeconomic instability caused by the lack of efficiency in managing foreign capital flows, foreign trade imbalance resulting from prolonged import surplus, mainly from the Chinese market, and the budget deficit from domestic and foreign debts, it is more challenging to ensure economic security.

9p thanos1 16-05-2018 33 0   Download

Vietnam’s economic growth is quickening, fueled by the momentum of the manufacturing and construction sector, while the growth of agriculture and servic. The trade deficit tended to drop after a surprise surge in Q1. The trade balance was in a slight deficit of USD 700 million in Q3.

26p thaodien102 16-11-2015 53 5   Download