Illustrative image (Photo: VNA)Dong Nai (VNA) – The southern province ofDong Nai shipped 5.2 billion USD worth of goods abroad in the period fromJanuary-April, up 12.8 percent from the same period last year.
The locality also imported 4.78 billion USDworth of goods in the period, according to the provincial Department ofIndustry and Trade.
The department said the trade surplus can beattributed to local businesses’ efforts to seek domestic supply of materialsand goods.
Stronger connection among domestic enterpriseshas also helped reduce import while allowing domestic enterprises to enjoy taxincentives when shipping their products to the markets with which Vietnam hassigned free trade agreements (FTAs), including the Republic of Korea (RoK),Japan, Chile, and ASEAN nations.
Export revenues from traditional marketsrecorded good growth, such as an 88 percent increase year-on-year in the RoKmarket, nearly 13 percent in Japan, over 9 percent in France, and nearly 8percent in the US.
The province’s major export products werefootwear, machinery and equipment, vehicles, and fibres.
A number of agricultural products saw theirexport price rise in the period, such as cashew nut, coffee bean, and rubberlatex.
The locality aims to look for more exportmarkets while developing brand names of agricultural products to increaseexport revenues.-VNA
VNA
