Binh Duong enjoys seven-month trade surplus of 5 billion USD
The southern province of Binh Duong maintained a trade surplus in the first seven months of this year, surpassing 5 billion USD, according to the municipal People’s Committee.
Binh Duong (VNA) – The southern province of Binh Duong maintained atrade surplus in the first seven months of this year, surpassing 5 billion USD,according to the municipal People’s Committee.
In the period, the locality’s export turnoverreached 17.8 billion USD, down 16.5% year-on-year, while its imports werevalued at 12.7 billion USD, down 13.8% year-on-year.
The index of industrial production (IIP) rose by 3% againstthe same period last year, while the revenue from trade and services reached174.8 trillion VND (7.36 billion USD), up 12.4% year-on-year.
Chief of the Office of the provincial People's Committee Vo AnhTuan said that in the January-July period, agricultural production was stabilised,goods supply met locals’ needs, the consumer price index was put under control.
Total social development investment increased by 10.3%year-on-year. Disbursement rate of public investment was similar to that of thesame period last year, but disbursed capital was 2.5 times higher.
In order to achieve the set economic development targets,Binh Duong province has directed departments, agencies and sectors to continue workingdirectly with each association, enterprise, and project to promptly removedifficulties and shortcomings; seek more measures to stimulate consumptiondemand; focus on regulating and ensuring stable power sources for productionand daily life; and speed up the expansion of industrial parks and invest innew industrial clusters as planned./.
Polytex Far Eastern (Vietnam) Co. Ltd, a Taiwan-invested company in the southern province of Binh Duong, will increase its investment by 250 million USD in the third quarter of this year to expand its production line of super-strong fiber products used to make seat belts, airbags, and tire inner liners.
Binh Duong province and Nebraska state of the US signed a memorandum of understanding (MoU) on cooperation at a ceremony in the Vietnamese southern locality on July 12.
A refrigerated container train was inaugurated at Song Than station in Binh Duong on July 14, in a bid to transport fresh fruits and vegetables from the southern province to Dong Dang station in the northern border province of Lang Son for transshipment to China.
The Hanoi Railway Transport JSC on July 16 announced that it is transporting the first containers of farm produce from Song Than station in the southern province of Binh Duong to Dong Dang station in the northern border province of Lang Son for transshipment to China.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Illustrative image (Photo: VNA) 
