Stable despite widening trade deficit – Commerzbank

Stable despite widening trade deficit – Commerzbank

Commerzbank analysts note that Vietnam’s July inflation eased to 4.5% year-on-year, keeping the average near the 4.5% target, while the trade deficit widened to USD 3.6 billion on strong import growth driven by energy and capital goods. Despite external headwinds and future CBAM-related risks for steel exports, USD/VND has stayed stable around 26,277, with VND […]