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 from
exports 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, Chinese and European markets.
The provincial Department of Industry and Trade, however, admitted that local exporters face a lot of challenges this year like volatility in overseas markets and fierce competition, especially for farm producers who have seen export values fall.
In November, concerned local agencies met with some exporters to make it easier for them to access loans, declare tax and customs and apply for energy-efficiency labels.
On November 24-30, 11 local firms joined a trade promotion delegation led by Deputy Chairwoman of the provincial People’s Committee Phan Thi My Thanh to visit Dubai city in the United Arab Emirates – a key potential market, especially for agro-fisheries products, spices, food, construction materials and tropical fruits.-VNA
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, Chinese and European markets.
The provincial Department of Industry and Trade, however, admitted that local exporters face a lot of challenges this year like volatility in overseas markets and fierce competition, especially for farm producers who have seen export values fall.
In November, concerned local agencies met with some exporters to make it easier for them to access loans, declare tax and customs and apply for energy-efficiency labels.
On November 24-30, 11 local firms joined a trade promotion delegation led by Deputy Chairwoman of the provincial People’s Committee Phan Thi My Thanh to visit Dubai city in the United Arab Emirates – a key potential market, especially for agro-fisheries products, spices, food, construction materials and tropical fruits.-VNA
You should also see
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
See more
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
