Wednesday, August 16, 2017 - 20:16:34

Dong Nai continues export growth trend

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The southern province of Dong Nai pocketed over 1 billion USD from exports in May, with a massive 931 million USD made by foreign-invested firms, a trade official has reported.

The state and domestic private sectors contributed 98 million USD and 13 million USD respectively, according to Deputy Director of the provincial Department of Industry and Trade Nguyen Van Quan.

In the first five months of 2014, Dong Nai recorded around 4.98 billion USD in export earnings, a yearly surge of 16.1 percent, driven by high-value garments, wooden products, iron, steel, machinery and coffee.

The high performance is in part due to a series of trade promotion events that the sector has hosted in and outside the country since the start of this year.

In the face of volatile business climate around the world, with the ongoing dispute in the East Sea and slow resilience of US and Japanese economies, Quan promised all possible support for domestic exporters, making it easier for them to access preferential loans.

Throughout the rest of this year, trade fairs and exhibitions in key economic zones in Binh Duong, Da Nang, Germany, Myanmar and the Republic of Korea will involve more local stakeholders, he vowed.-VNA
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