Binh Duong records positive export growth

Apr 12th at 08:18
12-04-2017 08:18:52+07:00

Binh Duong records positive export growth

The export turnover of the southern Binh Duong Province touched US$6.36 billion in the first quarter of 2017, a year-on-year rise of 16.1 per cent.

 

The domestic sector contributed $1.14 billion, up 8.4 per cent, while the foreign-invested sector accounted for $5.22 billion, up 16.8 per cent, the provincial department of Industry and trade revealed.

Products that saw high exports include wooden items ($894.6 million), clothes ($741 million), and leather and footwear ($575 million).

In March alone, the province’s export earnings recorded a 9.5 per cent rise to $2.15 billion. Of this, the domestic sector contributed $359.2 million, while the foreign-invested sector put in $1.79 billion.

The province has imported $4.66 billion worth of goods in the first quarter, up 14.9 per cent. In March, import was valued at $1.6 billion.

bizhub



NEWS SAME CATEGORY

One more port receives large container ships

The Tan Cang Cai Mep-Thi Vai port in the southern province of Ba Ria-Vung Tau successfully received a 160,000-tonne container ship on Monday.

Grab Vietnam asks premier for help as taxi app rejected by Da Nang

With the central Vietnamese city of Da Nang consistently saying no to Grab, an app-based taxi service, a representative of the Singapore startup has sought help...

Rising import value caused rates to fluctuate: NFSC

The fluctuation of foreign exchange in the first quarter was due to a sharp rising import value, according to the National Financial Supervisory Commission (NFSC).

Budget revenues up 15 per cent in Q1

Budget revenues were estimated at VND280.9 trillion (US$12.4 billion) in the first quarter of this year, up 15.2 per cent compared to the same period in 2016 and...

Number of multi-level marketing businesses drop to half

The number of multi-level marketing businesses has halved to 37 by end of March, following Government crackdown over the past two years to ensure that they are...

VN to reach GDP of 6.5% this year

Viet Nam’s Gross Domestic Product (GDP) growth is projected to increase modestly to 6.5 per cent this year and 6.7 per cent in 2018.

Thua Thien Hue attracts $2.8b investment in Q1

Thua Thien-Hue Province attracted 140 projects with total registered capital of VND64.3 trillion (US$2.8 billion) in the first quarter of this year.

Ha Noi calls for environmentally-friendly, hi-tech projects

Ha Noi is calling for investment in environmentally friendly large-scale projects that use advanced technologies.

Viet Nam attends int’l Halal event in Malaysia

The Hanoi Trade Corporation (Hapro) participated in the 14th Malaysia International Halal Showcase (MIHAS 2017) in the country’s capital city Kuala Lumpur from...

Paraguay hopes to expand trade links with VN

Paraguay wished to further promote trade links with Viet Nam, Ambassador Luis Fernando Avalos, director-general of bilateral policies at Paraguay’s Foreign...


MOST READ


Back To Top