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Economics

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Binh Duong has 4,000 industrial production enterprises with export activities

According to Provincial Statistics Office, Binh Duong currently has 4,000 industrial production enterprises with export activities. Exporting companies have been making good use of signed free trade agreements to promote operations. Accordingly, export value of export enterprises accounts for 93% of provincial total export turnover, export markets include more than 170 countries and territories.

At present, the COVID-19 situation is still complicated, but businesses in the province all have POs, especially PO number of wood processing industry is high, even higher than before the pandemic, POs were received for a period of from 6 months to one year. Input materials is relatively stable, however, price of some raw materials has increased by about 10% from December 2020 until now.

Reported by Ngoc Thanh - Translated by Ngoc Huynh

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