Dong Nai works to sharpen competitive edge for businesses

06:03, 07/03/2018

The authorities of southern Dong Nai province said they will continue assisting local businesses to research export markets and promote trade for achieving an export turnover of 18.3-18.5 billion USD in 2018.

 

The authorities of southern Dong Nai province said they will continue assisting local businesses to research export markets and promote trade for achieving an export turnover of 18.3-18.5 billion USD in 2018.

They said they will help with connecting local producers and FDI enterprises located in the province in a bid to reduce the import of products that local businesses can produce and sharpen the competitive edge of domestic enterprises.

Dialogues and meetings with businesses will be held regularly to promptly tackle difficulties and hindrances so businesses could have smooth production and export activities.

In the first two months of this year, the province posted a 25 percent surge in export and ran a trade surplus of nearly 610 million USD, of which 267 million USD was made in January and 340 million USD was recorded in February.

The locality’s major export items included apparels, footwear, wooden products, machinery and spare parts, and electronic products and components.

It main markets are China, the Republic of Korea, Japan, and China’s Taiwan.

As one of southern localities having huge investment attraction, Dong Nai is currently home to 35 industrial parks with more than 1,510 investment projects, including some 1,100 foreign-invested ones, with about 900,000 workers.

About 70 percent of workers in Dong Nai come from other provinces, mostly in the central and northern regions.

(Source: VNA)