Dong Nai sees 15.8 percent rise in exports
The southern province of Dong Nai earned US$6.053 billion from exports in the first half of this year, a 15.8 percent rise year-on-year, fulfilling 50.8 percent of its yearly target.
Of the total, the foreign-invested sector contributed US$5.112 billion, up 17.5 percent over the same period last year.
Bo Ngoc Thu, head of the provincial Department of Planning and Investment, attributed the results to the stable production by foreign invested enterprises, including many newly-established ones which were kept busy with orders.
At the same time, the province also worked hard to ease difficulties for local firms in terms of market and capital, while joining many trade promotion events abroad, especially in Dubai , he said.
Particularly, good signs were seen in the export of agricultural products. According to the Dong Nai Statistics Office, the province shipped abroad nearly 130,000 tonnes of coffee for US$276 million in the six months, up 33 percent in volume and 30.3 percent in value.
Meanwhile, it also earned US$70 million from exporting about 11,000 tonnes cashew nut, a rise of 12.6 percent in volume.
Local agricultural firms held that the export of farm produce enjoyed favourable conditions in both output and price, together with rising demand from a number of markets, especially those in Africa and Middle East .
In order to reach the target of US$12 billion in exports for this year, Dong Nai will help local enterprises expand their market by connecting them with foreign importers and sending them to trade and investment promotions and trade fairs abroad, including those in Germany, Myanmar, the Republic of Korea and Japan, said Thu.