[Le Hong Hiep] Lies, damn lies, and Vietnam’s trade statistics
Apr 29, 2018
On April 17, Bloomberg reported that China had overtaken the United States as Vietnam’s largest export market. According to figures cited by the news organization and tallied by the International Monetary Fund, Vietnam’s exports to China totaled $50.6 billion in 2017, compared to $46.5 billion in exports to the US.If these numbers are accurate, they would represent a significant shift in the triangular relationship between Vietnam, China and the US. As Bloomberg succinctly put it, the data under