Binh Duong’s export grows despite COVID-19 negative impact

Friday, 10/04/2020 18:08
Import-export activities in the southern province of Binh Duong in the first quarter of this year saw growth despite the negative impact caused by COVID-19, the provincial Department of Industry and Trade has reported.
Export activities are forecast to meet difficulties in the second quarter. (Photo: congthuong.vn)


In particular, the export turnover was estimated at over USD5.8 billion, a year-on-year increase of 3.6%. Notably, the key export items with export growth included textiles, with an increase of 3.7%; footwear, 3.1%; wooden products, 3.5%; and computers and electronic products, 3.4%. Meanwhile, the import turnover was at USD4.2 billion, an increase of 4.3%, leading to a trade surplus of USD1.6 billion.

According to Mr. Ho Van Binh, Deputy Director of the provincial Department of Industry and Trade, import-export activities will continue to meet difficulties in the second quarter as the complex development of COVID-19 continues globally. To support businesses, Binh Duong province has been focusing on carrying out groups of solutions to tackle their difficulties and create favorable conditions for businesses to access capital, credit, finance, tax, commerce and electronic payment.

Chairman of the provincial People's Committee Tran Thanh Liem expressed his belief that with the efforts of the Government and Binh Duong, especially ongoing policies in support of finance, banking, tax and administrative procedures, businesses will soon overcome difficulties, recover production and continue to grow at the end of the year./.

Compiled by BTA

RELATED NEWS

Comment
FullName
Email
Contents

/

Confirm