The southern province of Dong Nai enjoyed a trade surplus of 690 million USD in the first quarter of 2019, said the provincial Department of Industry and Trade.
Workers at a garment-textile factory (Illustrative photo: VNA)
Dong Nai (VNA) – The southernprovince of Dong Nai enjoyed a trade surplus of 690 million USD in the firstquarter of 2019, said the provincial Department of Industry and Trade.
The province raked in 4.58 billion USD fromexports in the period, a rise of 7.05 percent year-on-year. In March alone, thefigure stood at 1.76 billion USD, surging 70.82 percent against the previousmonth.
The growth is attributable to the stabilisedproduction of local firms after the traditional Lunar New Year (Tet) holidays,as well as advantages from export markets and free trade agreements.
Major items recording high export growth inMarch included rubber (47.94 percent); footwear (20.58 percent); machinery, devices,and spare parts (19.12 percent); wooden products (10.95 percent); and garment-textile(8.75 percent).
In the month, the province’s exports toJapan increased 21 percent, followed by its exports to the US (18.39 percent)and China (11.3 percent).
According to Dong Nai Department ofIndustry and Trade, the province’s exports are expected to speed up in the followingmonths, especially for its staples, such as garment-textiles, footwear,processed food, confectionery, and tobacco. –VNA
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Workers at a garment-textile factory (Illustrative photo: VNA) 
