Đồng Nai’s trade surplus reaches $4.2 billion in eight months
Đồng Nai’s trade surplus reaches $4.2 billion in eight months
Đồng Nai Province, an FDI magnet in the southern region, posted a trade surplus of US$4.2 billion during January-August on the back of the recovery of the global market, according to the provincial Statistics Office.
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Good containers are seen at Đồng Nai Port in Đồng Nai Province's Biên Hoà City. — VNA/VNS Photo Thành Đạt
During the eight-month span, the province shipped some $15.5 billion worth of products abroad and imported $11.3 billion, up 8.6 per cent and 8.7 per cent against the same time last year, respectively. It enjoyed an increase in the number of orders from large trading partners such as the US, Europe, and China.
Furthermore, there was a surge in the prices of most exports, particularly cashews, coffee, and pepper, contributing to the rise in the export revenue.
The province’s index of industrial production in the period grew 7.37 per cent as compared to the same time last year, with sound growth seen in such sectors as tobacco (8.5 per cent), garments and textiles (7.6 per cent), leather and related products (6.7 per cent), rubber and plastic products (10.7 per cent), and electrical equipment (10 per cent).
For the remainder of the year, the province will continue carrying out measures to remove bottlenecks for enterprises, as well as help them access credit resources, expand export markets, and capitalise on trade agreements.
