(VOV) – Exports of Dong Nai to the US should stay strong in the near future as the US economy is rebounding well, forecast Le Van Danh, Director of the provincial Department of Industry and Trade (DoIT).
- Dong Nai sees 15.8 percent rise in exports
- Dong Nai attracts US$600 million in FDI
- Dong Nai eyes accessing US market
Danh also forecast that garment and footwear items will be the leading export products to the market.
Danh revealed that many garment, footwear and agricultural businesses have signed contracts extending through the end of the fourth quarter of the year.
Nguyen Ngoc Tuan, Vice Chairman of the provincial Import-Export Association, said the US is one of the key leading importers of Dong Nai products.
In the first half of this year, the province’s exports to the market reached nearly US$1.5 billion, including more than US$280 million in June – up 86% against May.
The US mainly imports garment, footwear, steel products, wood and timber products, coffee and cashew nuts.
The DoIT warned that provincial businesses should pay more attention to technical barriers because the US market imposes stricter requirements ranging from input materials to production stages.
For example, imported products to the US which did not comply with required standards could be re-exported in the past, but they must be now destroyed and cannot be re-exported.
The DoIT said the province’s key exported products this year are still garment, footwear, timber products and agricultural products.
A target for obtaining export growth of 10-12% this year remains a challenge for Dong Nai.
To boost export to the US, the DoIT will hold regular meetings with businesses to timely ease their difficulties and update them on import-export activities and credit packages.
Đăng ký: VietNam News