Dong Nai’s export revenue reaches US$4.3 billion in Q1
The southern province of Dong Nai earned US$4.3 billion from export in the first quarter of 2018, up 12.3% over the same period last year, according to the provincial Department of Planning and Investment.
 |
Cao Tien Dung, head of the department, attributed the province’s high export revenue in the first quarter to long-term orders that local firms won earlier, as well as the recovering domestic and global economy and expanded export markets.
A surge was seen in major products of the province, including footwear, garment and textile, computers, electronic spare part, machines, cashew nuts, and wooden products.
Major markets of Dong Nai in the first quarter included the US, China, the Republic of Korea, Taiwan (China), the EU and Russia.
Dung said that in order to maintain the high growth, and complete its target of 11% in exports growth to reach US$18.5 billion, the province will continue accompanying businesses, while supporting them in promoting trade promotion and seeking markets.
At the same time, the province will enhance connection between local products and firms to foreign-direct invested companies in the locality to minimise imports and improve competitiveness of domestic businesses.
Dong Nai is now home to 35 industrial zones with more than 700,000 workers. The locality achieved a record trade surplus of US$2 billion in 2017.
