Along with the industrial development process, Binh Duong has become a regional export center of the region and the country with annual export turnover accounting for more than 10% of the country's total export turnover. In the economic picture of the province from the beginning of 2019 until now, the growth of export turnover is one of the bright spots.
Production line at Tuong Van Wood Co., Ltd. (Bac Tan Uyen) Photo: Xuan Thi
Export surplus of 3.8 billion USD
In 7 months of 2019, the province's export turnover reached 15.56 billion USD, up 13.3% over the same period last year. Some major export products of the province have a good increase such as wooden products by 15.5%, textiles and garments by 14.9%, footwear by 12.5%, and electronic components by 12.6. % ... In the past 7 months, the export surplus reached 3.8 billion USD.
Mr. Berend van Wel, General Director of Friesland Campina Vietnam Company (Thuan An Town), said that in 2018 the company exported products to 10 countries. Last year, the company ranked the Green Book of Binh Duong Province. From the beginning of 2019 until now, the company's export activities have been stable and grew quite well compared to the same period last year. In the coming time, the company continues to innovate, improve the quality and design products to meet consumer demand and boost exports.
According to industry associations, the main export enterprises of the province have had orders until the end of the year. This creates a basis to ensure the province completes the export growth target this year over 15% compared to 2018.
According to Ms. Nguyen Thanh Ha, Deputy Director of the Department of Industry and Trade, in order to achieve the above results, in addition to growing in the size of the enterprise structure, the industries in the province have also strongly developed the production technology and equipment of advanced countries in the world, thereby improving the output, quality, meeting the partners' orders well. Along with that, enterprises have been interested in investing in producing raw materials from domestic materials, so they can take initiative in source of raw materials for production, in which the footwear and handbags industry has invested heavily to produce materials and accessories should reduce the proportion of imported raw materials and auxiliary materials.
Through the development process, garment, footwear and wood processing enterprises in the province have also built a skilled workforce, able to create a variety of high value-added products ... This These are advantages that businesses need to continue to promote to improve competition in the international market.
Wood exports continue to lead
In the key sectors of Binh Duong, the wood industry is still the leading export sector. Specifically, the export turnover of this sector in 7 months of 2019 reached 1.7 billion USD, up 15.1% over the same period last year.
According to the forecast of the Department of Industry and Trade, in the third quarter of 2019, the export of wood and wood products of the province continued to increase strongly, due to stable construction activities in the key export markets of the province. Along with that, there is a need to repair and replace interior equipment to increase strongly to serve holidays and Tet in the last months of the year.
Mr. Nguyen Liem, Vice Chairman of Binh Duong Timber Association - Chairman of Lam Viet Board of Directors, said that since the beginning of 2019, the company has achieved a growth rate of about 20% compared to the same period in 2018. Presence Many company's products, in large quantities. This year the company expects exports of US $ 34 million.
Mr. Liem added that the timber industry is aiming to invest in automatic technologies and technology 4.0, while the financial capacity of enterprises is limited. Therefore, if there are appropriate supports from the State, especially the medium and long-term loan interest rates, enterprises will boldly invest in the province's supporting industries.
Promote investment promotion
According to experts, at present many domestic export industries are facing disadvantages due to not being fully active in raw materials and accessories for production. Along with that, with the current capacity, the domestic leather, garment and wood processing industries have more opportunities to develop when the free trade agreements that Vietnam has participated in are enforced. But to ensure stable development, these industries also need to pay attention to protecting the origin of products for national interests, avoiding trouble in foreign trade operations when there is a trade war between major countries .
In 2019, Binh Duong set an export growth target of 15.5% compared to 2018, industrial production index increased by 9.5%. Deploying the task in 2019, the Department of Industry and Trade proposed a solution to promote the implementation of investment promotion and trade promotion programs to expand the export market; facilitate enterprises to register product brands in export markets.
Along with that, the department will urge and support enterprises to speed up the investment progress of infrastructure in industrial parks, clusters, works, power projects, logistics centers and domestic cargo ports; Road, waterway and railroad transport works of the province. The industry also actively advised the province to attract investment to develop logistics services to support exports; well implement the administrative procedure reform in agencies and units related to production and business activities of enterprises in order to shorten the time for customs clearance, import and export and collection - refund of the business.
Reported by Phuong Le – Translated by Vi Bao
