Bac Ninh: Trade surplus exceeds 6.4 billion USD
Wednesday, 29/12/2021 17:42 (GMT+7)
The northern province of Bac Ninh earned more than 45 billion USD of export turnover in 2021 while its import value reached 39 billion USD. With these, the locality posted a trade surplus of more than 6.4 billion USD this year, according to the provincial statistics department.
Photo for illustration. (Source: VNA)
Despite impacts from the COVID-19 pandemic, Bac Ninh saw most of its major economic targets met or exceeded, said acting director of the department Vu Minh Giang.
Accordingly, the province's gross regional domestic product (GRDP) increased by 6.9 percent from 2020, surpassing the yearly goal of 4 – 5%. Notably, its industrial production index grew by 9.67% on-year.
In 2021, Bac Ninh recorded 2,344 new firms which registered more than 28 trillion VND (1.23 billion USD) in capital, decreasing 1.9 percent in the number of enterprises but increasing 18.7 percent in the total capital from the previous year.
The province also attracted 131 foreign direct investment (FDI) projects valued at over 1.2 billion USD.
Meanwhile, its State budget collection hit 32.44 trillion VND, exceeding the estimate by 16.5 percent and up 5.4 percent year-on-year.
In 2022, Bac Ninh plans to further support enterprises in tackling difficulties and boost relations between them and the local authorities./.
BTA
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