At the Uchyama Vietnam Co., Ltd in the VSIP 2A Industrial Park, Binh Duong province. (Photo: VNA) Its import turnover also increased by 16.6% compared to the previous month.
Chairman of the Provincial People's Committee Vo Van Minh said the local socioeconomic situation changed positively, with industrial production, trade, services, exports, and imports growing slightly.
However, he noted that enterprise production and business activities faced many difficulties due to the shortage of orders; investment attraction slow down, and disbursement of public investment was low compared to the plan.
The cost of some essential items increased while the employment and income of workers tended to decrease, affecting the quality of life, added the official.
The authorities have so far ordered competent agencies to focus on tackling these issues following the Government’s guide, get updated on the market, and support firms’ import, export, and investment activities, among others.
In the first five months of the year, Binh Duong's export and import values exceeded 13 billion USD and neared 9 billion USD, down 17.9% and 13.5% year-on-year, respectively./.
VNA
