Vietnam has biggest-ever trade surplus in first quarter
The trade surplus in the first quarter of 2016 alone was five times higher than that of the entire year of 2012. But this could be bad news. In 2012, the country got trade surplus for the first time after 20 consecutive years of witnessing trade deficit. In that year, Vietnam’s excess of exports over imports reached $300 million. Meanwhile, in the first three months of 2016 alone, the figure was $1.36 billion, according to the General Department of Customs, which was five times higher than trade surplus in the whole year of 2012.
