The southern province of Binh Duong earned more than 1.7 billion USD from exporting electronic products in the first nine months of this year, representing an average increase of 20 percent compared to the previous years.

According to Director of the provincial Department of Industry and Trade Vo Van Cu, local businesses produced 1.2 million electronic units during the period. Many of the products posted high export growths such as phones and spare parts (41 percent), and computers and others (ranging from 4 to 10 percent).

Electronic products have surpassed garments and woodwork to lead Binh Duong’s key export items, he said, adding that the province has also encouraged investment in technology projects, especially those producing computers, phones and spare parts.

Binh Duong’s three-quarter export turnover surpassed 11 billion USD, up 14.5 percent year-on-year. The province also enjoyed a trade surplus of over 2 billion USD, with 1.8 billion USD from foreign direct investment (FDI) enterprises.

The province targets 17 billion USD from exports this year, up 16.5 percent against last year. Its export turnover now accounts for 12 percent of the country’s total figure.-VNA