Illustrative image (Photo: VNA) Binh Duong (VNA) – The southern province of Binh Duong earned over 24.5 billion USDfrom exports in the first nine months of 2021, up 26.7 percent year on year and meeting79.8 percent of this year’s target.
Of the figure, more than 4.6 billion USD were contributed by the domestic economicsector, up 31.3 percent while the rest of 19.8 billion USD was contributed by the foreign-invested sector, up 25.6percent.
Almost key currency earners maintained annual moderate growth, includingmachinery and equipment, tools, iron and steel, computers, electronics andspare parts.
Its biggest importer was the US, followed by Europe, the Republic ofKorea and Japan.
According to a business trend survey of 450 local enterprises in the manufacturingand processing sector, 10.71 percent of respondents said they better performedin the third quarter, 49.33 percent still met difficulties while 39.96 percent saidtheir operations remained stable.
About new export orders, 3.61 percent said they received more orders in thethird quarter, 45.83 percent reported a reduction and 50.56 percent saw a stablesituation.
Forecasting business performance in the fourth quarter, over 87 percentof surveyed firms predicted a more stable and better future while more than12.8 percent were less upbeat.
So far, over 2 million residents in Binh Duong have been given at leastone vaccine shot. The province is focusing on curbing the pandemic whilecreating favourable conditions for enterprises to resume operations.
As many as 85 percent of local firms have registered to resumemanufacturing in the new normal./.
