The southern province of Dong Nai earned more than 10.6 billion USD in export revenue in the first seven months of 2018, a year-on-year increase of 12.7 percent.
The southern province of Dong Nai earned more than 10.6 billion USD in export revenue. (Photo: dongnai.gov.vn)
Dong Nai (VNA) – The southern province of Dong Nai earned more than10.6 billion USD in export revenue in the first seven months of 2018, ayear-on-year increase of 12.7 percent.
Of the total, the foreign direct investment (FDI) sector contributed 9.1billion USD. Meanwhile, the non-State and State-owned sectors bagged 1.4billion USD and 132 million USD, respectively.
The surge in export revenue was spurred by large orders, new export markets andthe rise in export prices of some products.
During the period, shipments of footwear fetched 2 billion USD, garment andtextiles more than 1.1 billion USD, machines and equipment 776 million USD andcomputers, electronic products and spare parts 384 million USD.
Major importers of the locality were the US (2.3 billion USD), China (more than1 billion USD) and Japan (896 million USD). An export upturn was also seen inthe Republic of Korea and Germany.
Local coffee, pepper, cashew and rubber experienced a decrease in exportrevenue due to stagnant demand and large stockpiles. Specifically, each tonneof cashew is currently sold at 9,282 USD, down 12.5 percent, while that of coffeeand pepper was 1,803 USD and 3,533 USD, falling 25.2 percent and 41.7 percent.
In the same period, the province splashed out 9 billion USD on imports, up 8.1percent from the same period last year.
The province enjoyed a 1.6 billion USD trade surplus, accounting for more than50 percent of the country’s trade surplus during the January-July period.-VNA
The southern province of Dong Nai attracted 902 million USD in foreign direct investment (FDI) in the first six months of the year, accounting for over 90 percent of the yearly plan and up 48 percent from the same time in 2017.
As of June 2018, Japanese businesses invested in nearly 240 projects with total registered capital of over 4.2 billion USD in Dong Nai, ranking third among more than 40 countries and territories pouring investment in the southern locality.
The southern province of Dong Nai attracted nearly 980 million USD of foreign investment so far this year, equal to 97 percent of its target for the whole year, according to the provincial Department of Planning and Investment.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
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.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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.
The southern province of Dong Nai earned more than 10.6 billion USD in export revenue. (Photo: dongnai.gov.vn) 
