Dong Nai sees 2.1-billion-USD trade surplus in eight months
The southern province of Dong Nai enjoyed a trade surplus of 2.1 billion USD in the first eight months of this year, according to the provincial Department of Statistics.
DongNai (VNA) – The southern province of Dong Nai enjoyed a tradesurplus of 2.1 billion USD in the first eight months of this year, according tothe provincial Department of Statistics.
Export turnover of the locality in the reviewed period hit 12.76 billion USD,representing a year-on-year increase of 5.22 percent, while the province spent 10.66 billion USD on imports, up 1.11percent from the same period last year.
The foreign investment sector is the biggest contributor to the trade surpluswith its 8-month export turnover reaching 10.44 billion USD. Meanwhile,the non-State and State-owned economicsectors respectively earned 1.98 billion USD and 333.2 million USD from export.
The provincial People’s Committee attributed the low growth of exportturnover in the period to the reduced export of traditional farm products ofthe locality, including cashew nut, pepper, coffee and rubber.
The US remains Dong Nai’s biggestimporter, buying 490.7 million USD worth of goods, accounting to 29.6 percent.
It is followed by Japan and China with 188.3 million USD, and 187.5 million USD,marking up 11.4 percent and 11.3 percent, respectively.
Dong Nai mainly imports animal feed, corn, yarn and plastic materials fromChina, the Republic of Korea, and Taiwan (China).-VNA
The southern province of Dong Nai is completing its transport infrastructure and boosting administrative reform to improve local business climate as a measure to luring more foreign investors.
The Dong Nai provincial Department of Health began piloting the maintenance of electronic medical records on August 26 at the Long Khanh Regional General Hospital.
The southern provinces of Binh Duong and Dong Nai have given top priority to projects with high added value and rolled out the red carpet for investors with technological breakthroughs.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Illustrative image (Source: VNA) 
