Binh Duong posts nearly 8 billion USD in trade surplus
Binh Duong (VNA) – The southern industrial hub
of Binh Duong recorded close to 8 billion USD worth of trade surplus in the
first nine months of this year, as heard at a September 28 meeting that
reviewed the province’s socio-economic growth.
In the period, the province raked in more than 27 billion USD
from exports, up 11.9% year-on-year, and spent 19.2 billion USD on imports, down
1.6% annually.
It also posted an estimated 8.7% annual growth in
the local index of industrial production (IIP) and reeled in over 200.92
trillion VND (8.45 billion USD) from retail and service activities, increasing by 19.9% against last
year.
Addressing the meeting, Vo Van Minh, Chairman of the provincial People’s Committee,
lauded concerted efforts of the local authorities and business community in
implementing socio-economic growth tasks and COVID-19 prevention and control
measures.
He requested competent agencies to follow plans, closely monitor the market and prices, and ensure the supply - demand balance of essential commodities in the remaining months of the year.
Binh Duong is a popular destination for foreign investors. As of September 15, the province was home to 4,069 foreign-invested projects with total registered capital of nearly 39.6 billion USD. It is currently ranked 2nd in the country in attracting foreign direct investment, after Ho Chi Minh City./.