Vietnam's southeastern region, comprising Dong Nai and Binh Duong provinces, key gateways to Ho Chi Minh City, continues to drive the nation's economic growth with impressive export performance in the first five months of this year. According to official data, Binh Duong province achieved nearly $13.8 billion in exports, marking a 13% increase compared to the previous year. Similarly, Dong Nai province reported exports totaling nearly $9.3 billion and imports of $6.45 billion, resulting in a trade surplus exceeding $2.8 billion.
Despite global market uncertainties, firms in Ho Chi Minh City have secured significant orders for the upcoming quarter, highlighting its pivotal role in regional trade. Last year, the city recorded an import-export value of $55.3 billion, with continued growth observed in the first five months of this year. Ho Chi Minh City aims to achieve a 6.5% year-on-year growth in its industrial production index and targets a 10% increase in export turnover for the current year.
In Binh Duong province, the local government is actively supporting businesses to leverage free trade agreements fully. Measures include intensifying investment and trade promotion activities, streamlining administrative procedures, and providing robust support for customs clearance to enhance export capabilities.
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