Dong Nai province posts 500 million USD in trade surplus

The southern province of Dong Nai recorded a trade surplus of 500 million USD in the first two months of 2019, according to the provincial Department of Industry and Trade.
Dong Nai province posts 500 million USD in trade surplus ảnh 1Textile-garment are among the key foreign currency earners of Dong Nai province (Photo: VNA)

Dong Nai (VNA) – The southern province of Dong Nairecorded a trade surplus of 500 million USD in the first two months of 2019,according to the provincial Department of Industry and Trade.

This surplus is the result of nearly 3 billionUSD in exports, up 10.79 percent year-on-year, and 2.5 billion USD in importsduring the period.

Several key commodities enjoyed fast exportgrowth compared to the same period last year, including footwear (up 22.97percent); garment-textiles (31.14 percent); timber products (38 percent); andmachinery, equipment, and spare parts (31.61 percent).

The department attributed the export revenueincrease to the fact that local businesses have actively made use of chancescreated by the Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP), which officially took effect on January 14 this year, tosign orders. Many of them are producers of big foreign currency earners like footwear,garment-textiles, electronic products, machinery and equipment, wood products,coffee, fruits, peppercorn, and cashew.

Additionally, Dong Nai has carried out sound tradepromotion activities in recent years, encouraging foreign invested and domesticfirms to actively partner with one another to ensure domestic material supplyand reduce the import of raw materials, the department said.

The province’s export revenue is forecast tokeep rising fast in March, when businesses fully resume normal productionactivities after a long Lunar New Year holiday in early February.

Dong Nai is part of Vietnam’s southern keyeconomic region, which also covers Ho Chi Minh City and the provinces of TayNinh, Binh Phuoc, Binh Duong, Ba Ria-Vung Tau, Long An, and Tien Giang. –VNA
VNA

See more

Permanent Deputy Secretary of the municipal Party Committee Nguyen Thanh Nghi hosts a reception for Japanese Ambassador to Vietnam Ito Naoki on February 17. (Photo: www.sggp.org.vn)

HCM City looks to deepen ties with Japan

The city aims to deepen cooperation with Japan in key areas such as sustainable urban development, emissions reduction, climate change adaptation, innovation, digital transformation, supply chain resilience, supporting industries, healthcare, tourism, culture, workforce development, and people-to-people exchanges.

Workers process shrimp for export. (Photo: VNA)

Shrimp exports grow in the first month of 2025

Shrimp products recorded a strong 13%increase in export value in January 2025, reaching a total of 273.3 million USD. This growth accounted for 35.3% of Vietnam's total seafood export turnover, contributing significantly to the country's overall seafood export performance.

Vietnam imposes VAT on low-value imported goods

Vietnam imposes VAT on low-value imported goods

It is estimated that if low-value goods worth less than 1 million VND are subject to a 10% VAT rate, State budget revenue could increase by around 2.7 trillion VND (105.6 million USD).

Can Gio International Transit Port blueprint. (Photo: sggp.org.vn)

Can Gio port added to national seaport development plan

The Ministry of Transport has approved adjustments to policies, solutions, and resource allocations for the implementation of the national seaport system master plan for 2021-2030, with a vision to 2050. The Can Gio port is now part of the implementation roadmap.

Rice packaging at the factory of Loc Troi Group in An Giang province. (Photo: VNA)

Vietnam expected to export over 7.5 million tonnes of rice in 2025

MARD’s supply and demand report sent to the Ministry of Industry and Trade (MoIT) projects the Mekong Delta will cultivate 3.78 million hectares of rice, yielding more than 23.96 million tonnes. Of this, 15.08 million tonnes of commercial rice, equivalent to 7.54 million tonnes of husked rice, will be available for export.

Representatives from EzyRemit Worldwide and Sacombank-SBR at the meeting on February 17 in Sydney. (Photo: VNA)

Vietnamese, Australian firms promote comprehensive strategic cooperation

EzyRemit Worldwide, one of the leading fintech companies in Australia, and Sacombank-SBR of Vietnam discussed expanding cooperation and enhancing international money transfer and payment services between Vietnam and Australia, thereby providing more values for customers in both countries.