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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