Binh Duong enjoys seven-month trade surplus of 5 billion USD

The southern province of Binh Duong maintained a trade surplus in the first seven months of this year, surpassing 5 billion USD, according to the municipal People’s Committee.
Binh Duong enjoys seven-month trade surplus of 5 billion USD ảnh 1Illustrative image (Photo: VNA)
Binh Duong (VNA) – The southern province of Binh Duong maintained atrade surplus in the first seven months of this year, surpassing 5 billion USD,according to the municipal People’s Committee.

In the period, the locality’s export turnoverreached 17.8 billion USD, down 16.5% year-on-year, while its imports werevalued at 12.7 billion USD, down 13.8% year-on-year.

The index of industrial production (IIP) rose by 3% againstthe same period last year, while the revenue from trade and services reached174.8 trillion VND (7.36 billion USD), up 12.4% year-on-year.

Chief of the Office of the provincial People's Committee Vo AnhTuan said that in the January-July period, agricultural production was stabilised,goods supply met locals’ needs, the consumer price index was put under control.

Total social development investment increased by 10.3%year-on-year. Disbursement rate of public investment was similar to that of thesame period last year, but disbursed capital was 2.5 times higher.

In order to achieve the set economic development targets,Binh Duong province has directed departments, agencies and sectors to continue workingdirectly with each association, enterprise, and project to promptly removedifficulties and shortcomings; seek more measures to stimulate consumptiondemand; focus on regulating and ensuring stable power sources for productionand daily life; and speed up the expansion of industrial parks and invest innew industrial clusters as planned./.
VNA

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