Vietnam’s trade position still firm, but agriculture a soft spot

HO CHI MNH CITY - Vietnam remains the only Asian economy bucking the regional trade recession, continuing to record firm export growth in a region where sustained double-digit contractions in exports remain the norm, but the numbers do not tell the whole story, ANZ Bank warns.  “It is important to remember that though total trade is more than 160% of the Vietnamese economy, domestic demand is 65% of GDP given exports and imports are roughly the same size.”