Binh Phuoc posts nearly 700 million USD in H1 trade surplus

Binh Phuoc, a province in the southern key economic region, recorded a trade surplus of nearly 700 million USD in first half of 2022, according to the provincial People’s Committee.
Binh Phuoc posts nearly 700 million USD in H1 trade surplus ảnh 1The factory of the Far Eastern New Apparel Vietnam Co. Ltd in Bac Dong Phu Industrial Park of Binh Phuoc province (Photo: VNA)
Binh Phuoc (VNA) – Binh Phuoc, a province inthe southern key economic region, recorded a trade surplus of nearly 700million USD in first half of 2022, according to the provincial People’sCommittee.

The administration said thanks to proactive moves toensure material supply for manufacturing and diversify export markets, localbusinesses have maintained the strong recovery trend and enjoyed good exportsgrowth.

They exported over 1.95 billion USD worth of goods inH1, rising 23.26% from a year earlier and equivalent to 50.74% of this year’starget. Meanwhile, the import turnover stood at 1.26 billion USD.

The People’s Committee noted though there remaindifficulties in export markets and goods flows, thanks to the experience gainedduring the long social distancing period in 2021, businesses have graduallyensured material supply and kept supply chains uninterrupted, thus fulfillingexport orders.

Meanwhile, the index of industrial productionincreased 22% year on year in the six months, helping Binh Phuoc achieve agrowth rate of 6.91% to rank second the southeastern region and 35th in Vietnam.

In particular, the processing - manufacturing industryexpanded by 23.4% and electricity production and distribution 28.5%, statisticsshowed./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.