Province’s export turnover in Jan.2016 up 18%

The province’s total export turnover in Jan.2016 was estimated at more than US$2.38billion, up 17% compared to the previous month and 18% compared to the corresponding period of last year. Of these, the domestic investment sector reached US$517.4million, up 18.7% while the foreign investment achieved more than US$1.8trillion, up 17.8% against the same period of last year.

Some main export products gained high growth in comparison with the same period of last year. For example, steel grew by 60%; cashew nut by 19.1%; pepper by 16.3%; raw materials for garment-textile and footwear by 15.6%; woodwork by 12.2%; telephones and their components by 14%...

The province’s import value was also estimated at nearly US$2billion, up 2.4% compared to the previous month and up 19% compared to the same period of last year. Noticeably, province-based businesses had positive reactions and strengthened production expansion before new policies and opportunities from free trade agreements that were signed and are going to be signed by Vietnam.

Reported by Minh Khanh-Translated by K.T