Economic Update – Public investment in the spotlight

• Vietnam’s services and industrial sectors weakened mom in Aug 2020 as the second wave of Covid-19 spreads across the country.
• Vietnam’s headline inflation slowed to 0.1% mom in Aug 2020 (vs. 0.4% mom in Jul).
• The trade surplus further widened to US$10.9bn in 8M20, more than double the surplus of US$5.4bn in the same period last year.

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