The southern province of Binh Duong generated over 11 billion USD from exports during the first nine months of this year, moving closer to its annual target of 16.7 billion USD, which is up by 16.5 percent compared to last year.
The export figure, with 83.1 percent contributed by foreign investors, marked a trade surplus of more than 2 billion USD.
Industrial production was valued at more than 131 trillion VND (6.2 billion USD), a year-on-year rise of 13.6 percent, Director of the provincial Department of Industry and Trade Vo Van Cu said.
During this period, 99 foreign-invested firms poured an extra 727 million USD into the locality, while 275 local firms registered an increase in capital of 2 trillion VND (90 million USD).
In the past, Binh Duong offered tax breaks and exemptions worth close to 1.3 trillion VND (61 million USD), and a 45 million USD credit package to struggling firms.
Procedures on taxation, customs, land, construction and social insurance have also been improved.-VNA
