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Binh Duong runs trade surplus

Update: October, 30/2014 - 08:28
Footwear, garments, and timber were the key earners, bringing more than $1 billion to the province, while computers, electronics, and textiles also recorded rapid growth. — Photo baohaiquan

BINH DUONG (VNS) — The southern province of Binh Duong recorded a trade surplus of more than US$2.3 billion during the first 10 months of 2014.

According to the provincial General Statistics Office, exports fetched more than $12.7 billion, a year-on-year rise of 15.2 per cent. Of which, over $10.5 billion was generated by foreign investors, up by 16.2 per cent compared to the same period last year.

Footwear, garments, and timber were the key earners, bringing more than $1 billion to the province, while computers, electronics, and textiles also recorded rapid growth.

According to the provincial Department of Industry and Trade, as many as 111 foreign-invested projects increased their investment capital to a total $757.6 million. — VNS


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