Exports in Dong Nai province hit US$12.2 billion in the first eight months of this year, up nearly 12 percent annually, according to the provincial Statistics Bureau.
Exports in Dong Nai province hit US$12.2 billion in the first eight months of this year, up nearly 12 percent annually, according to the provincial Statistics Bureau.
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| Illustrative image (Source: VNA) |
During the period, imports in the province reached US$10.4 billion, resulting in a trade surplus of US$1.8 billion, accounting for more than 64% of the country’s total, reported the General Statistics Office.
The province’s high export currency earners include footwear at US$2.4 billion, up nearly 11% year-on-year; apparel US$1.3 billion, 7%; and fiber US$1.1 billion, 17%.
The provincial Department of Industry and Trade attributed high export growth to the stable world economy and the high demand with increasing orders from businesses.
Apart from traditional markets such as the US, China, Japan, the Republic of Korea and the EU, enterprises also tapped into free trade agreements that Vietnam signed with countries to enjoy tax incentives, expand markets, and boost exports.
According to the department, Dong Nai is forecast to achieve a trade surplus of over US$2.5 billion later this year.
Last year, the province recorded nearly US$2.2 billion in trade surplus, making up 77% of the country’s total of US$2.7 billion.
The province’s high export currency earners include footwear at US$2.4 billion, up nearly 11% year-on-year; apparel US$1.3 billion, 7%; and fiber US$1.1 billion, 17%.
The provincial Department of Industry and Trade attributed high export growth to the stable world economy and the high demand with increasing orders from businesses.
Apart from traditional markets such as the US, China, Japan, the Republic of Korea and the EU, enterprises also tapped into free trade agreements that Vietnam signed with countries to enjoy tax incentives, expand markets, and boost exports.
According to the department, Dong Nai is forecast to achieve a trade surplus of over US$2.5 billion later this year.
Last year, the province recorded nearly US$2.2 billion in trade surplus, making up 77% of the country’s total of US$2.7 billion.
(Source:VNA)
