The southern province of Binh Phuoc enjoyed a trade surplus of 1.2 billion USD in the first 11 months of 2021, according to the provincial Department of Statistics.
Binh Phuoc (VNA) – The southern province of Binh Phuoc enjoyed atrade surplus of 1.2 billion USD in the first 11 months of 2021, according tothe provincial Department of Statistics.
The department reported that the locality has recorded an impressive growth ofexport turnover, reaching an estimated 3.5 billion USD in the reviewed period,up 32.6 percent over the same period last year, and 14.3 percent higher thanthe plan set for 2021.
Meanwhile, its import turnover totalled nearly 2.3 billion USD, up 44.8 percentyear-on-year and 34.8 percent higher than the 2021 plan.
Binh Phuoc’s industrial production index surged by 16.3 percent compared to the same period in 2020, of which the processing and manufacturing industry; the production and distribution ofelectricity, gas, hot water and steam, and air conditioners; and the industry of water supply, waste andwastewater management and treatment witnessed respective surges of 17.1 percent, 11.6 percent and 6.5 percent.
♔ A number of second-level industries that had recorded high growth indexes includedthe production of paper and paper products (up 53 percent), food production andprocessing (up over 29 percent), and motor vehicle production (up nearly 26percent)./.
The Index of Industrial Production (IIP) in the southern province of Binh Phuoc increased 16.7 percent year-on-year in the first five months of 2021, according to the provincial Department of Statistics.
A complex of monuments commemorating Cambodian Prime Minister Hun Sen’s journey to seek ways to save his country from the Pol Pot genocidal regime was inaugurated in Loc Ninh district, Vietnam’s southern border province of Binh Phuoc, on June 20.
The index of industrial production (IIP) of southern Binh Phuoc province increased by 15.63 percent year-on-year in the first seven months of this year over the same period in 2020, according to the provincial Department of Statistics.
The southern province of Binh Phuoc will present 10,000 smart phones to poor students in mid-October to assist them in online learning, said Deputy Director of the provincial Department of Education and Training Ho Hai Thach on October 8.
About 70 percent of labourers in local firms of Binh Phuoc have returned to work as the majority of enterprises in the southern locality have resumed their operations in the new normal situation when COVID-19 has been put under control.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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.
Processing cashew nuts for export. (Photo: VNA) 
