Binh Duong posts 6.8 billion USD in trade surplus

With its import and export values growing 14.7 and 13.5 percent year-on-year to hit 24.6 and 31.5 billion USD in 2021, respectively, the southern province of Binh Duong recorded a trade surplus at 6.8 billion USD.
Binh Duong posts 6.8 billion USD in trade surplus
At the VSIP 2 Industrial Park in Tan Huyen, Binh Duong province. (Photo: Quynh Tran)

According to data released by the provincial Statistics Office on December 30, the province’s gross regional domestic product (GRDP) increased by 2.62 percent against last year, while its index of industrial production (IIP) and total goods retail and consumption services revenue picked up 4.5 percent and 3.3 percent annually, respectively.

During the year, Binh Duong contributed 61.2 trillion VND (2.68 billion USD) to the state budget, while its total local budget expenditure exceeded 32.2 trillion VND.

The local average annual GRDP per capita reached 152.2 million VND, an increase of 1.2 million VND compared to 2020.

Chairman of the provincial People’s Committee Vo Van Minh attributed the outcomes to the implementation of drastic COVID-19 prevention and control measures as well as the creation of conditions to facilitate business operations and recovery.

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(Source: VNA)