Dong Nai reaches US$2 bil in trade plus

The Department of Planning and Investment in the southern province of Dong Nai yesterday said that the province enjoyed largest trade surplus of over US$2 billion so far.

Of the amount of US$2 billion, export in 11 months reached US$13.9 billion, up 8 percent compare to the same period last year while import earned US$11.9 billion, 2 percent higher than same period last year. Shoes, textile and garment, coffee, wooden products and fishery products brought high export turnover for the province.

Additionally, the province attracted foreign direct investment (FDI) totaling estimated US$1.83 billion, achieving 183 percent of the set yearly target. FDI flows into the province mainly from South Korea, Japan, Thailand and Taiwan ( China).

Dong Nai is one of the four cities and provinces producing the highest trade surplus in the country.

By Duc Trung - Translated by Uyen Phuong

Other news

Most view

Banking-finance

VAMC buys nearly VND21 trillion deep debts

Vietnam Asset Management Company (VAMC) purchased VND20,995 billion (US$924 million) of deep debts from credit institutions during the first nine months this year with the price of VND20,619 billion.

Economy

Economy stable, inflation under 4%

The Government reported yesterday to the National Assembly that the macro economy remains stable, inflation is controlled under 4 percent, and the annual growth target of 6.7 percent is likely to be achieved. The Gross Domestic Product (GDP) per capita is estimated to reach US$2,400 this year.
 

Self - introduction

Stock market

180m shares start trading on UPCoM this week

Nearly 180 million shares of four companies will start trading on the Unlisted Public Company Market (UPCoM) on the Hà Nội Stock Exchange on October 16-20.