Wooden product production in Binh Duong (Photo: VNA) Binh Duong(VNA) – The southern province of Binh Duong earned over 9.2 billion USD from outboundshipments in the first five months of 2018, up 16.5 percent over the same periodof 2017, according to Director of the provincial People’s Committee Nguyen VanDanh.
Danh said that exportrevenue of the foreign-invested sector reached over 7.4 billion USD, a rise of18.3 percent, while domestic sector also bagged 1.8 billion USD, an increase of9.9 percent.
In May alone, theprovince’s export revenue fetched more than 2 billion USD, a rise of 19.6percent over the same time last year.
In the first fivemonths of this year, growth was seen in the majority of Binh Duong’s exportproducts such as wooden products garment and footwear. Upturn was also recordedin major export markets such as the US, China, the Republic of Korea, Japan,and Europe.
Danh attributed theresults to efforts of local firms in expanding market and improving products’quality, along with the province’s support to businesses’ operation.
The local authoritieshave also helped businesses enhance the competitiveness of their products andbuild trademark.
Alongside, theprovince has encouraged local enterprises to apply high technology inproduction and assisted them in capital access and human resources, he said.
This year, Binh Duongaims for a growth of 16.5 percent growth in expert revenue.-VNA
VNA
