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GBS - Trade exchanges between Vietnam and seven countries, separately, will exceed or reach $10 billion USD by late this year, the General Department of Customs predicts today. The exclusive septet comprises China, South Korea, United States, Japan, Thailand, Taiwan (China) and Malaysia.

The buying and selling operation of goods and services with these nations could reach $281.7 billion USD, an increase of almost 25 percent compared to 2016.

The negative angle of the matter is that the trade balance with these seven countries will be negative in the amount of $44.6 billion USD.

The deficit with China will be nearly $27 billion USD; with South Korea $33.4 billion USD; with Thailand $6.2 billion USD; with Taiwan $9.66 billion USD; and with Malaysia $241 million USD.

In cases of the United States and Japan, there will be surpluses of $31.35 billion USD and $400 million USD, respectively, customs authorities said.

- sus/iff/agp/asg

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