Dong Nai continues export growth trend

The southern province of Dong Nai pocketed over 1 billion USD from exports in May, with a massive 931 million USD made by foreign-invested firms, a trade official has reported.
The southern province of Dong Nai pocketed over 1 billion USD fromexports in May, with a massive 931 million USD made by foreign-investedfirms, a trade official has reported.

The state anddomestic private sectors contributed 98 million USD and 13 million USDrespectively, according to Deputy Director of the provincial Departmentof Industry and Trade Nguyen Van Quan.

In the firstfive months of 2014, Dong Nai recorded around 4.98 billion USD inexport earnings, a yearly surge of 16.1 percent, driven by high-valuegarments, wooden products, iron, steel, machinery and coffee.

The high performance is in part due to a series of trade promotionevents that the sector has hosted in and outside the country since thestart of this year.

In the face of volatilebusiness climate around the world, with the ongoing dispute in the EastSea and slow resilience of US and Japanese economies, Quan promised allpossible support for domestic exporters, making it easier for them toaccess preferential loans.

Throughout the rest ofthis year, trade fairs and exhibitions in key economic zones in BinhDuong, Da Nang, Germany, Myanmar and the Republic of Korea will involvemore local stakeholders, he vowed.-VNA

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