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Dong Nai: Trade surplus reaches 330 million USD in 11 months

The southern province of Dong Nai recorded a trade surplus of 330 million USD in the first eleven months of 2014, according to the provincial Department of Industry and Trade.
The southern province of Dong Nai recorded a trade surplus of 330million USD in the first eleven months of 2014, according to theprovincial Department of Industry and Trade.

Total externaltrade turnover of the province in the period stood at 22.77 billion USD,including 11.55 billion USD in export earnings, a yearly surge of 16.8percent.

Head of the department’s Planning Office Phan Van Dansaid the main key currency earners enjoyed good growth, includingfootwear (14 percent), garment (8 percent), wooden products (9 percent).Together the three industries accounted for 40 percent of theprovince’s total export value.

The US, the EU, and Latin America remain the biggest markets for Dong Nai’s products.

Deputy Chairman of the Dong Nai Import-Export Association Nguyen NgocTuan said the trade turnover increased thanks to the recovery of theglobal market.

As part of efforts to boost export, the province will step up administrative procedure reform, he added.

Dong Nai aims for 1 billion USD in export turnover in December.-VNA
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