The southern province of Binh Duong, a magnet for both Vietnamese andforeign investors, earned nearly 3.2 billion USD from its exports inthe first quarter of 2014, up 12.7 percent from the same period lastyear.
According to the provincial Department ofIndustry and Trade, the foreign-invested economic sector contributed2.6 billion USD to the total.
In March alone,export turnover is estimated to surpass 1 billion USD, representing ayear-on-year increase of 15 percent.
The growthis attributable to the rising demand in the province’s traditionalmarkets such as the US, the European Union, Japan and ASEAN countries.
In the first three months of this year, severalof the locality’s key exports recorded significant growth, includinggarments that saw a year-on-year rise of 28 percent to reach 448 millionUSD, wood products (388 million USD) and footwear (289 million USD).
Since the beginning of this year, local businesseshave expanded their production scale and effectively exploited theirmarkets.
In addition, due to enterprises’support policies, the number of employees returning to work after theNew Year holiday reached 90-95 percent, contributing to stabilisingproduction and maintaining growth.-VNA
According to the provincial Department ofIndustry and Trade, the foreign-invested economic sector contributed2.6 billion USD to the total.
In March alone,export turnover is estimated to surpass 1 billion USD, representing ayear-on-year increase of 15 percent.
The growthis attributable to the rising demand in the province’s traditionalmarkets such as the US, the European Union, Japan and ASEAN countries.
In the first three months of this year, severalof the locality’s key exports recorded significant growth, includinggarments that saw a year-on-year rise of 28 percent to reach 448 millionUSD, wood products (388 million USD) and footwear (289 million USD).
Since the beginning of this year, local businesseshave expanded their production scale and effectively exploited theirmarkets.
In addition, due to enterprises’support policies, the number of employees returning to work after theNew Year holiday reached 90-95 percent, contributing to stabilisingproduction and maintaining growth.-VNA
