Textiles see bright export revenue To help businesses fulfill export plans in 2012, the authorities and other relevant agencies in the province have been implementing a number of programs and solutions to help businesses stabilizing production and boosting exportation. Export turnover increases Despite difficulties brought up by slightly increasing raw material prices, the production and export enterprises in Binh Duong, in the first 9 months of 2012, have maintained operation, stable production and export of high efficiency.By accumulation calculation of the 9 months, the export turnover of the province is estimated to have reached USD 8,273 million, an increase of 16.1% over the same period, reaching 66.7% of the year plan, accounting for 9.9% of the country's export turnover. In which, the domestic sector reached USD 1,514.4 million, increased by 6.5%; foreign investment sector reached USD 6,758.6 million, an increase of 18.5%.Particularly for September of 2012, the export turnover of the province is estimated to have reached USD 1,113.3 million, increased by 6.6% comparing to increment in August.In which, the domestic sector is estimated to have reached USD 213.4 million, increased by 10.1%; foreign investment sector reached USD 899.9 million, an increase of 5.9%. As far as groups of products are concerned, in 9 months, export commodities are still majorly wood, textiles, and footwear on the top.Accordingly, the export turnover of wood is estimated to have reached USD 1,003 million, an increase of 9.7% over the same period, accounting for 13.3% of the province's total export turnover and accounted for 32.3% of the country's total export turnover (USD 3.4 billion USD). Right from the beginning of the year, export demand for furniture of Japanese market, the American market, and especially the Chinese market increased sharply, leading to price increases of 5 - 7% compared to 2011, especially the premium wood products and outdoor furniture.Textile items were estimated to have accounted for USD 1.019 million, an increase of 3.3% over the same period, accounting for 12.7% of the total export turnover of the province and occupying 9.5% of the country's total export turnover (USD 11 billion). Purchase orders from traditional markets are 7-10% lower in quantity over the same period; however, large enterprises ensure export contract through 2012.Such commodities are mainly exported to markets in U.S., Japan, EU, and Korea.However quantity of purchase orders in footwear industry decrease, the increment is relatively high with export turnover is estimated to have reached USD 701.8 million, increased by 12.9%, accounting for 8.4% of the province's total and for 12, 5% of the country's total export turnover (USD 5.6 billion) ... For the handicraft group, despite decrease of purchase orders and lower prices, the export turnover still reached USD 75 million, accounting for 0.9% of the province's total export turnover. Ceramic goods saw good export growth.Purchase orders from traditional customers in France, Germany, Japan, and so on are relatively stable in quantity. As for production of rubber tree latex, due to decreased market demand and low export prices, the value of exports did not increase over the same period.Accordingly, the export turnover is estimated to have reached 186 685 tonnes of latex, a slight increase of 4.4% over the same period. Solutions to help enterprises overcome difficultiesBased on that data, it is proved that export turnover increase in the volume in foreign-invested enterprises which are supported by cheap capital investment from parent companies and closed-in production process. As for the domestic enterprises, difficulties are still binding on many fronts.For internal management, the difficulties enterprises facing are mainly increasing input costs of electricity, water supply, gasoline; bank loan interest rates affect production costs and reduced competitiveness.For external management, the enterprises face troubles from the market. Due to prolonged global economic downturn, purchase orders and prices fell. Many companies even lack purchase orders which affect the production.In addition, each private sector is difficult macroeconomic policies.To remove difficulties for enterprises to stabilize production and boost exports, the provincial People's Committee and relevant agencies had actively in meetings, listen to the difficulties and problems from the enterprises to the measures timely.Department of Trade and Industry also implemented plans to remove difficulties for enterprises in specific programs.Mr. Vo Van Cu, Director of the Department of Trade and Industry said, according to plan, the facility would focus on implementation of trade promotion program in 2012, support enterprises exhibitors at home and abroad in order to help businesses promote products products, expanding export markets.Along with that, the Department of Trade and Industry has proposed Provincial People's Committee to strengthen inspection and monitoring activities for tax relaxation and extension on businesses; supervision of commercial banks to comply with the policy of reducing interest rates, create favorable conditions for businesses to access capital to maintain production and solve inventory.In addition, the Department of Trade and Industry proposed recommendations to PPC to consider stretching their increased labor wages to the end of February 2013 for businesses to have more time solving problems and stabilizing production.In fact, most of the production and export enterprises in the province to date are "permeable blown" by the debt crisis from the export market!Therefore, besides the local support, exporters need urgent assistance and positive government measures to encourage export and import controls, limiting the trade deficit; especially is to improve the efficiency of market forecasts; timely dissemination of information the world market, especially for the market, the key items.Along with strengthening trade promotion, brand promotion and protection of Vietnamese goods in foreign countries should be considered.Reported by Bao Anh – Translated by Vi Bao
Enterprises overcomes difficulties in the face of export revenue increase
By the end of month September 2012, export turnover of the provincial grew at relative better rate than in the same period last year.In the following-up months of the fourth quarter in 2012, businesses in the province will increase production to fulfill the export contracts signed since the beginning of the year, thus, the export turnover is promised to continue to increase. Textiles see bright export revenue To help businesses fulfill export plans in 2012, the authorities and other relevant agencies in the province have been implementing a number of programs and solutions to help businesses stabilizing production and boosting exportation. Export turnover increases Despite difficulties brought up by slightly increasing raw material prices, the production and export enterprises in Binh Duong, in the first 9 months of 2012, have maintained operation, stable production and export of high efficiency.By accumulation calculation of the 9 months, the export turnover of the province is estimated to have reached USD 8,273 million, an increase of 16.1% over the same period, reaching 66.7% of the year plan, accounting for 9.9% of the country's export turnover. In which, the domestic sector reached USD 1,514.4 million, increased by 6.5%; foreign investment sector reached USD 6,758.6 million, an increase of 18.5%.Particularly for September of 2012, the export turnover of the province is estimated to have reached USD 1,113.3 million, increased by 6.6% comparing to increment in August.In which, the domestic sector is estimated to have reached USD 213.4 million, increased by 10.1%; foreign investment sector reached USD 899.9 million, an increase of 5.9%. As far as groups of products are concerned, in 9 months, export commodities are still majorly wood, textiles, and footwear on the top.Accordingly, the export turnover of wood is estimated to have reached USD 1,003 million, an increase of 9.7% over the same period, accounting for 13.3% of the province's total export turnover and accounted for 32.3% of the country's total export turnover (USD 3.4 billion USD). Right from the beginning of the year, export demand for furniture of Japanese market, the American market, and especially the Chinese market increased sharply, leading to price increases of 5 - 7% compared to 2011, especially the premium wood products and outdoor furniture.Textile items were estimated to have accounted for USD 1.019 million, an increase of 3.3% over the same period, accounting for 12.7% of the total export turnover of the province and occupying 9.5% of the country's total export turnover (USD 11 billion). Purchase orders from traditional markets are 7-10% lower in quantity over the same period; however, large enterprises ensure export contract through 2012.Such commodities are mainly exported to markets in U.S., Japan, EU, and Korea.However quantity of purchase orders in footwear industry decrease, the increment is relatively high with export turnover is estimated to have reached USD 701.8 million, increased by 12.9%, accounting for 8.4% of the province's total and for 12, 5% of the country's total export turnover (USD 5.6 billion) ... For the handicraft group, despite decrease of purchase orders and lower prices, the export turnover still reached USD 75 million, accounting for 0.9% of the province's total export turnover. Ceramic goods saw good export growth.Purchase orders from traditional customers in France, Germany, Japan, and so on are relatively stable in quantity. As for production of rubber tree latex, due to decreased market demand and low export prices, the value of exports did not increase over the same period.Accordingly, the export turnover is estimated to have reached 186 685 tonnes of latex, a slight increase of 4.4% over the same period. Solutions to help enterprises overcome difficultiesBased on that data, it is proved that export turnover increase in the volume in foreign-invested enterprises which are supported by cheap capital investment from parent companies and closed-in production process. As for the domestic enterprises, difficulties are still binding on many fronts.For internal management, the difficulties enterprises facing are mainly increasing input costs of electricity, water supply, gasoline; bank loan interest rates affect production costs and reduced competitiveness.For external management, the enterprises face troubles from the market. Due to prolonged global economic downturn, purchase orders and prices fell. Many companies even lack purchase orders which affect the production.In addition, each private sector is difficult macroeconomic policies.To remove difficulties for enterprises to stabilize production and boost exports, the provincial People's Committee and relevant agencies had actively in meetings, listen to the difficulties and problems from the enterprises to the measures timely.Department of Trade and Industry also implemented plans to remove difficulties for enterprises in specific programs.Mr. Vo Van Cu, Director of the Department of Trade and Industry said, according to plan, the facility would focus on implementation of trade promotion program in 2012, support enterprises exhibitors at home and abroad in order to help businesses promote products products, expanding export markets.Along with that, the Department of Trade and Industry has proposed Provincial People's Committee to strengthen inspection and monitoring activities for tax relaxation and extension on businesses; supervision of commercial banks to comply with the policy of reducing interest rates, create favorable conditions for businesses to access capital to maintain production and solve inventory.In addition, the Department of Trade and Industry proposed recommendations to PPC to consider stretching their increased labor wages to the end of February 2013 for businesses to have more time solving problems and stabilizing production.In fact, most of the production and export enterprises in the province to date are "permeable blown" by the debt crisis from the export market!Therefore, besides the local support, exporters need urgent assistance and positive government measures to encourage export and import controls, limiting the trade deficit; especially is to improve the efficiency of market forecasts; timely dissemination of information the world market, especially for the market, the key items.Along with strengthening trade promotion, brand promotion and protection of Vietnamese goods in foreign countries should be considered.Reported by Bao Anh – Translated by Vi Bao
Textiles see bright export revenue To help businesses fulfill export plans in 2012, the authorities and other relevant agencies in the province have been implementing a number of programs and solutions to help businesses stabilizing production and boosting exportation. Export turnover increases Despite difficulties brought up by slightly increasing raw material prices, the production and export enterprises in Binh Duong, in the first 9 months of 2012, have maintained operation, stable production and export of high efficiency.By accumulation calculation of the 9 months, the export turnover of the province is estimated to have reached USD 8,273 million, an increase of 16.1% over the same period, reaching 66.7% of the year plan, accounting for 9.9% of the country's export turnover. In which, the domestic sector reached USD 1,514.4 million, increased by 6.5%; foreign investment sector reached USD 6,758.6 million, an increase of 18.5%.Particularly for September of 2012, the export turnover of the province is estimated to have reached USD 1,113.3 million, increased by 6.6% comparing to increment in August.In which, the domestic sector is estimated to have reached USD 213.4 million, increased by 10.1%; foreign investment sector reached USD 899.9 million, an increase of 5.9%. As far as groups of products are concerned, in 9 months, export commodities are still majorly wood, textiles, and footwear on the top.Accordingly, the export turnover of wood is estimated to have reached USD 1,003 million, an increase of 9.7% over the same period, accounting for 13.3% of the province's total export turnover and accounted for 32.3% of the country's total export turnover (USD 3.4 billion USD). Right from the beginning of the year, export demand for furniture of Japanese market, the American market, and especially the Chinese market increased sharply, leading to price increases of 5 - 7% compared to 2011, especially the premium wood products and outdoor furniture.Textile items were estimated to have accounted for USD 1.019 million, an increase of 3.3% over the same period, accounting for 12.7% of the total export turnover of the province and occupying 9.5% of the country's total export turnover (USD 11 billion). Purchase orders from traditional markets are 7-10% lower in quantity over the same period; however, large enterprises ensure export contract through 2012.Such commodities are mainly exported to markets in U.S., Japan, EU, and Korea.However quantity of purchase orders in footwear industry decrease, the increment is relatively high with export turnover is estimated to have reached USD 701.8 million, increased by 12.9%, accounting for 8.4% of the province's total and for 12, 5% of the country's total export turnover (USD 5.6 billion) ... For the handicraft group, despite decrease of purchase orders and lower prices, the export turnover still reached USD 75 million, accounting for 0.9% of the province's total export turnover. Ceramic goods saw good export growth.Purchase orders from traditional customers in France, Germany, Japan, and so on are relatively stable in quantity. As for production of rubber tree latex, due to decreased market demand and low export prices, the value of exports did not increase over the same period.Accordingly, the export turnover is estimated to have reached 186 685 tonnes of latex, a slight increase of 4.4% over the same period. Solutions to help enterprises overcome difficultiesBased on that data, it is proved that export turnover increase in the volume in foreign-invested enterprises which are supported by cheap capital investment from parent companies and closed-in production process. As for the domestic enterprises, difficulties are still binding on many fronts.For internal management, the difficulties enterprises facing are mainly increasing input costs of electricity, water supply, gasoline; bank loan interest rates affect production costs and reduced competitiveness.For external management, the enterprises face troubles from the market. Due to prolonged global economic downturn, purchase orders and prices fell. Many companies even lack purchase orders which affect the production.In addition, each private sector is difficult macroeconomic policies.To remove difficulties for enterprises to stabilize production and boost exports, the provincial People's Committee and relevant agencies had actively in meetings, listen to the difficulties and problems from the enterprises to the measures timely.Department of Trade and Industry also implemented plans to remove difficulties for enterprises in specific programs.Mr. Vo Van Cu, Director of the Department of Trade and Industry said, according to plan, the facility would focus on implementation of trade promotion program in 2012, support enterprises exhibitors at home and abroad in order to help businesses promote products products, expanding export markets.Along with that, the Department of Trade and Industry has proposed Provincial People's Committee to strengthen inspection and monitoring activities for tax relaxation and extension on businesses; supervision of commercial banks to comply with the policy of reducing interest rates, create favorable conditions for businesses to access capital to maintain production and solve inventory.In addition, the Department of Trade and Industry proposed recommendations to PPC to consider stretching their increased labor wages to the end of February 2013 for businesses to have more time solving problems and stabilizing production.In fact, most of the production and export enterprises in the province to date are "permeable blown" by the debt crisis from the export market!Therefore, besides the local support, exporters need urgent assistance and positive government measures to encourage export and import controls, limiting the trade deficit; especially is to improve the efficiency of market forecasts; timely dissemination of information the world market, especially for the market, the key items.Along with strengthening trade promotion, brand promotion and protection of Vietnamese goods in foreign countries should be considered.Reported by Bao Anh – Translated by Vi Bao
