Vietnam says 2007 trade gap doubling to $12.4 bln

Newswire

HANOI, Dec 27 (Reuters) - Vietnam estimated on Thursday its trade deficit this year would more than double to $12.44 billion from a year earlier, following a rise of 35.5 percent in imports to a record $60.83 billon. In December alone the deficit was estimated at $1.6 billion, the General Statistics Office said in its monthly report. Last year Vietnam had a trade deficit of $5.06 billion. Exports this year would rise 21.5 percent to $48.39 billion, led by crude oil, textiles, footwear ...

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