Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Vietnamese Prime Minister to Sign Deal Worth $17B with America


May, 31 2017
watermark Economic news

A trade deal between the United States and Vietnam worth $15 billion of goods and services will be signed during the visit of Vietnamese Prime Minister Nguyen Xuan Phuc during his next meeting on Wednesday in Washington D.C. This is centered on latest technology products and services which will importantly raise imports of such products to the from the U.S.


The bilateral trade deficit of Vietnam with the U.S. has widened from $7 billion reaching almost $32 billion in the past 10 years. Also, this shows rising imports of electronic products besides the traditional business sectors such as footwear, clothing, and furniture. It poses a problem for the country while they remain optimistic that this can still be amended and enhance their trade relationship, according to Lighthizer as the U.S. Trade Representative. They promised to lessen the gap in figures with their principal trading partners.

Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.