Dong Nai’s first-half trade surplus forecast to hit USD 600 mln

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