Dong Nai stable market leads export turnover rise


Export turnover in the southern province of Dong Nai has performed well due to market stability and export market expansion, according to the provincial Department of Industry and Trade.

Some products are expected to have particularly high export turnover, such as computer spare parts and transport vehicles (34 per cent), electrical products (25 per cent) and cashew nuts (40 per cent). — Photo dongnai.gov.vn

HA NOI (Biz Hub) — Export turnover in the southern province of Dong Nai has performed well due to market stability and export market expansion, according to the provincial Department of Industry and Trade.

The province's export turnover in May is estimated to reach US$1.1 billion, up 7.3 per cent compared to the same period last year.

Some products are expected to have particularly high export turnover, such as computer spare parts and transport vehicles (34 per cent), electrical products (25 per cent) and cashew nuts (40 per cent).

Major markets including the US, China and Japan are continuing to enjoy high growth of 13.5 per cent, 9.5 per cent and 2 per cent, respectively. Other markets seeing positive growth include the UK, Singapore, Canada, India and Australia.

According to the department's director, Le Van Danh, the province aims to bring home up to $14.6 billion, an increase of 10-12 per cent against the previous year, from exporting local products. — VNS

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