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VCSC Daily - Stocks rebound amid heavy trading - MBB, NLG

Vietnam incurs trade deficit of USD1.8 billion in first two and a half months of 2017. According to the latest trade figures released by the Customs Office, Vietnam recorded a trade deficit of USD1.8 billion in the first two and a half months of 2017. Although YTD exports rose 14.7% YoY to USD35.2 billion, YTD imports rose even more, by 24.8% YoY to USD37 billion. Both export and import growth were much higher than the same period last year (2.5M 2016: exports +5.5% YoY, imports -4.2% YoY).