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Binh Duong provincial exports bounce back in May

The southern province of Binh Duong exported 3 billion USD worth of commodities in May, up 17.1% month-on-month.
Binh Duong provincial exports bounce back in May ảnh 1At the Uchyama Vietnam Co., Ltd in the VSIP 2A Industrial Park, Binh Duong province. (Photo: VNA)
Binh Duong (VNA) - The southern province ofBinh Duong exported 3 billion USD worth of commodities in May, up 17.1%month-on-month.

Its import turnover also increased by 16.6% compared to theprevious month.

Chairman of the Provincial People's Committee Vo Van Minhsaid the local socioeconomic situation changed positively, with industrialproduction, trade, services, exports, and imports growing slightly.

However, he noted that enterprise production and businessactivities faced many difficulties due to the shortage of orders; investmentattraction slow down, and disbursement of public investment was low comparedto the plan.

The cost of some essential items increased while theemployment and income of workers tended to decrease, affecting the quality oflife, added the official.

The authorities have so far ordered competent agencies tofocus on tackling these issues following the Government’s guide, get updated onthe market, and support firms’ import, export, and investment activities, amongothers.

In the first five months of the year, Binh Duong's export and import valuesexceeded 13 billion USD and neared 9 billion USD, down 17.9% and 13.5%year-on-year, respectively./.
VNA

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