US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as exports from the Southeast Asian industrial hub grew amid a record fall of its currency against the dollar.
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Vietnam’s GDP grew by 7.09% in 2024, ahead of government forecasts of 6.5%. Yet Vietnam’s trade surplus with the U.S. could ...
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