Binh Duong enjoys US$600 million trade surplus in Q1

VGP – The southern province of Binh Duong enjoyed a trade surplus of US$591 million in the first quarter of 2015.

March 30, 2015 3:21 PM GMT+7

Illustration photo

The province’s export and import hit US$4.219 billion and US$3.628 billion, up 15.6% and 15.5%, respectively.

The foreign-invested sector contributed 81.8% and 79.2% to the total export and import turnover, up 16% and 15.2%, respectively.

Export items witnessing high growth included timber, garment, footwear, electronics and handicrafts.

In the first quarter of 2015, the province attained nearly VND50,000 billion in industrial production value, up 11.2% against the same period last year.

The figure saw 68.6% contributed by the foreign-invested sector, which represented a year on year rise of 12.6%.

By Thuy Dung