Updated
Updated · Bloomberg · May 3
Vietnam inflation rises and trade deficit extends in April
Updated
Updated · Bloomberg · May 3

Vietnam inflation rises and trade deficit extends in April

9 articles · Updated · Bloomberg · May 3
  • April marked the fourth straight monthly trade deficit as higher global energy prices linked to the Iran war pushed inflation above expectations.
  • The conflict-driven rise in fuel costs fed into transport and broader input prices, while costlier raw materials helped drive imports higher.
  • The data point to mounting external price pressure on Vietnam's economy as war-related commodity shocks weigh on trade and consumer prices.
Could this crippling supply crisis force Vietnam to accelerate its transition to renewable energy and self-reliance?
Beyond Iran, what other global chokepoints pose a similar catastrophic risk to the world's economy?
With naval escorts and massive oil reserves released, why is the global energy crisis still escalating?