Ninh Binh's exports enjoy growth in January

Statistics released by the provincial Department of Industry and Trade showed that the province's export value was estimated at 243.3 million USD, up 46.3 percent against the same period last year.

Key export staples enjoying high growth included clothes (up 61.4 percent); embroidery products (six-fold rise); cameras and phone components (2.2-fold increase). 

Meanwhile, some export products witnessed declines such as aluminum billets (down 12.8 percent); children's toys (down 73.8 percent); and electronic components (down 38.9 percent).

Import activities have still faced difficulties due to the closure of some markets. In January, Ninh Binh's import value was estimated at 264.7 million USD, representing a decrease of 10.7 percent from same period last year.

Amid the complicated developments of the COVID-19 pandemic, the Department of Industry and Trade has carried out a number of synchronic measures to support business and production activities of local enterprises.

The department has created favorable conditions for exporters by granting certificates of origin (C/O) to them, thereby helping businesses to reduce time for import-export procedures.

At the same time, it has actively built trade promotion and e-commerce programmes in 2021.

It has also assisted local enterprises to expand export markets by building a database on international economic integration and free trade agreements (FTAs) .

Besides, the department will also continue to popularise legal regulations on e-commerce for officials and employees at state agencies and businesses in the province. It will also disseminate origin rules and  provide C/O for exporters in Ninh Binh and neighbouring provinces.

Translated by Nguyen Thuy