The southern province of Dong Nai recorded a trade surplus of nearly 300 million USD during the first ten months of 2014, according to the provincial Industry and Trade Department.
The province earned 10.3 billion USD from exports in the period, while spending over 10 billion USD on imports.
Director of the department Le Van Danh said the locality mainly shipped garment, footwear, fibre, chemicals, handicrafts, coffee, pepper, cashew nuts and woodwork to the US, Japan, the Republic of Korea, Thailand, Taiwan, Hong Kong, Canada and the UK.
Meanwhile, it bought garment and footwear materials, machines and equipment from Asian, African and American nations.
Danh also said that the trade surplus will increase in the future thanks to investment in support industries which helps ease dependence on imports.
Dong Nai aims for 1 billion USD in trade surplus in 2015, with its total export of 14.4 billion USD, up 14 percent, and import of 13.2 billion USD, a 9 percent rise.
Vietnam recorded consecutive trade surpluses in the first 10 months of 2014, with the total now standing at 1.87 billion USD, according to the General Statistics Office (GSO).
The nation’s exports earned 123.75 billion USD, a 13.4-percent year-on-year increase, and its imports reached more than 121.2 billion USD, up 11.2 percent.-VNA
Dong Nai enjoys 300 mln USD trade surplus in 10 months Related image(s)
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