Dong Nai’s export growth exceeds 34% in first half

The southern province of Dong Nai’s total export value neared US$11.6 billion during the January – June period, an annual growth of 34.17%.

Most of Dong Nai's export products enjoy good growth in the first half of 2021, including machinery and spare parts. (Illustrative image)
Most of Dong Nai's export products enjoy good growth in the first half of 2021, including machinery and spare parts. (Illustrative image)

According to the provincial statistics department, the State-owned and private sectors contributed US$276.69 million and US$2.2 billion to the sum, while the foreign-funded sector more than US$9.1 billion. These figures represented on-year increases of 20.7, 30.46, and 35.54%, respectively.

Most export products enjoyed good growth in the first half. Nine groups, including woodwork, machinery and spare parts, apparel, and computers-electronic devices, saw their total values surpassing US$8 billion.

The US was the province’s biggest export market with a turnover of over US$3.4 billion, accounting for 29.72% of the total export value, followed by China (over US$1.253 billion), Japan (over US$1.027 billion) and the Republic of Korea (US$589.97 million).

To sustain growth in the last half, Dong Nai has planned to intensify its support measures targeting businesses, particularly small- and medium-sized ones and startups. It will also focus on industrial restructuring prioritising high-tech, support, and spearhead industries, while speeding up the building of new industrial parks to attract investment.