Dong Nai’s trade surplus to hit 1.5 billion USD this year
The southern province of Dong Nai is likely to record a trade surplus of 1.5 billion USD this year, according to the provincial Department of Industry and Trade.
Dong Nai (VNA)ꦑ – The southern province of Dong Nai is likely to record a trade surplus of 1.5 billion USD this year, according to the provincial Department of Industry and Trade.
The province’s export turnover is estimated to reach over 14 billion USD this year.
In the first 11 months of this year, trade surplus reached 1.3 billion USD, the highest level so far and up three times higher than that of the same period last year.
In November alone, Dong Nai earned 1.27 billion USD from exports and recorded 220 million USD in trade surplus.
Key export products seeing trade surplus were footwear, wooden products, garments, electronics and spare parts.
According to the provincial Statistics Department, exports of agro-fishery products reached over 1 billion USD in the January-November period, accounting for 8 percent of the total export turnover.-VNA
The southern province of Dong Nai exported over 2.1 billion USD worth of footwear in January-October, posting the highest year-on-year increase of 17 percent.
The industrial sector in the southern province of Dong Nai has experienced a stellar performance, with November’s index rising 2.49 percent from the previous month and 9.98 percent year-on-year.
The southern province of Dong Nai attracted nearly 2.4 billion USD of foreign direct investment (FDI) as of November 20, exceeding the yearly target by 1.5 billion USD.
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.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.