At 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./.
In recent years, ceramics made in Binh Duong have made an appearance in many important national and international events such as the National Party Congress, APEC Vietnam 2006 and 2017, and the 17th ASEAN Summit. Binh Duong high-end porcelains of Minh Long I brand were chosen to be national gifts to more than 40 heads of state during official trips by the Party and State leaders.
The southern province of Binh Duong has contributed 14.94 trillion VND (637 million USD) to the State budget in the first quarter, ranked among the top five localities with the highest figures nationwide.
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Wood processing and export businesses in the southern province of Binh Duong have been making every effort to overcome difficulties facing the industry.
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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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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.
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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.