Dong Nai Province trade edges down, surplus shoots up

May 16th at 10:02
16-05-2020 10:02:04+07:00

Dong Nai Province trade edges down, surplus shoots up

Dong Nai’s foreign trade in the first four months of the year topped US$10.8 billion, 2.67 per cent down year-on-year but with the surplus shooting up by 43 per cent, according to the provincial Department of Industry and Trade.

 

Exports increased marginally to $6.1 billion while imports fell 7 per cent to $4.7 billion.

The surplus of almost $1.4 billion accounted for 43 per cent of the country’s surplus.

Items whose exports increased include footwear, machinery, pepper, and coffee.

Imports of machinery and equipment fell by 5 per cent, of raw plastic by 6 per cent and of chemicals by 10 per cent.

Exports to the US, Japan and South Korea increased, while those to China and Belgium declined.

bizhub



NEWS SAME CATEGORY

Viet Nam’s consumers optimistic amid COVID-19

Viet Nam’s consumers are some of the most optimistic, among Asian countries surveyed, that their country will weather the challenges of COVID-19, according to a...

Vietnam among most optimistic countries despite pandemic

Vietnam ranked fourth in the world in the first quarter of this year for having the most positive consumers despite adverse coronavirus impacts.

Singapore becomes biggest investor in Vietnam during Jan-April

Singapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total.

Gov’t to cut, simplify at least 20 per cent regulations on business

The Government will cut or simplify at  least 20 per cent of the current regulations on business through 2025, according to Resolution No. 68/NQ-CP released on...

Japanese investors jostling continental counterparts

Despite the current global woes, investors around Asia are ramping up their merger and acquisition (M&A) activities in Vietnam. Masataka Sam Yoshida, head of the...

Vietnam remains among 4 most optimistic countries worldwide despite Covid-19

Health continued to be No.1 concern among Vietnamese consumers, with the highest level globally.

VN to strengthen simplification of business regulations in 2020-25 period

Viet Nam will strengthen the removal and simplification of business regulations in the next five-year period to create favourable conditions for enterprises and...

State should encourage casino investment to attract foreign tourists: association

The Viet Nam Association of Foreign Investment Enterprises (VAFIE) has proposed the Government to encourage the development of casino businesses and gambling...

Most employees ready to quit if salary cuts endure

Sixty three percent of Vietnamese employees would quit if coronavirus-linked salary cuts continue unabated, a survey has found.

Vietnam posts trade surplus of US$2.78 billion in Jan-Apr amid global lockdown

Vietnam's exports rose 2% year-on-year to US$80.86 billion in the January-April period, and imports edged up 0.3% to US$78.08 billion.


MOST READ


Back To Top