Business

Dong Nai’s 11-month export reaches 10 bln USD

The southern province of Dong Nai fetched some 10 billion USD from exports in January-November, up 8.7 percent year on year.
The southern province of Dong Nai fetched some 10 billion USD fromexports in January-November, up 8.7 percent year on year.

Of the figure, over 1 billion USD was generated in November alone, a rise of 1.2 percent from the preceding month.

Key foreign-currency earners include garments, computers, coffee,rubber and cashew nuts, which have all reached the US, Japanese, Chineseand European markets.

The provincial Department of Industryand Trade, however, admitted that local exporters face a lot ofchallenges this year like volatility in overseas markets and fiercecompetition, especially for farm producers who have seen export valuesfall.

In November, concerned local agencies met with someexporters to make it easier for them to access loans, declare tax andcustoms and apply for energy-efficiency labels.

On November24-30, 11 local firms joined a trade promotion delegation led by DeputyChairwoman of the provincial People’s Committee Phan Thi My Thanh tovisit Dubai city in the United Arab Emirates – a key potential market,especially for agro-fisheries products, spices, food, constructionmaterials and tropical fruits.-VNA
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