The southern province of Dong Nai saw a trade surplus of 464 million USD in the first half of 2015, three times higher than that of the same period last year.

From January-June, the province’s export value was estimated at about 6.7 billion USD, up 14.5 percent year on year, while import turnover is over 6.2 billion USD, according to the local Statistics Department.

The Department of Industry and Trade (DoIT) attributed the increase in exports to businesses’ market expansion and decreases in tariffs brought about by signed free trade agreements.

Among nearly 30 export commodities, only five saw falls in value and volume. Commodities with high growth rates include footwear, garment-textiles, wood products, means of transportation, pepper corn and cashew nuts.

Head of the DoIT Le Van Danh said through the end of this year, DoIT will create favourable conditions for enterprises to reduce the time spent on import-export procedures.

It will hold business meetings and dialogues to provide firms with updated regulations on the origin of products exported to Europe, Japan and Turkey.-VNA