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According to the provincial People’s Committee, Dong Nai aims to earn USD 8.1 billion from exports in the first half of the year, up 11 percent against the same period last year. Meanwhile, its import turnover in the period is estimated to reach USD 7.51 billion, an increase of 21.3 percent. 

Of the export earnings, the foreign-invested sector is projected to contribute USD 7 billion, up 12 percent, while the non-state sector and the state sector are forecast to make up USD 963 million and USD 108 million, respectively. 

The trade surplus is attributed to the export growth of hard currency earners such as footwear with USD 1.3 billion and garments with USD 704 million, while wood and wooden furniture and textile products are estimated to contribute USD 508 million and USD 560 million, respectively. 

Dong Nai’s export revenues from the Republic of Korea market recorded the highest growth of 19.6 percent, followed by China with 19.2 percent; Japan, 9.6 percent and the US, 5 percent. 

In the first five months of the year, Dong Nai province raked in over USD 6.6 billion from exports while importing USD 6.1 billion worth of products.

Source: VNA