Many opportunities to expand exports and increase trade surplus

Fleming International Vietnam Co., Ltd. in Amata Industrial Park specializes in producing scented candles for export to the US market.

Dong Nai currently has 45 operating industrial parks (IPs), in which many domestic and foreign enterprises are rushing to complete factory construction and install production lines to soon come into operation. Most of the factories in the IPs produce goods for export.

Connecting resources and businesses

Dong Nai province (old) has the advantage of developing long-standing and top-ranking industrial parks in the country, transport infrastructure, logistics, and a large number of enterprises, while Binh Phuoc province (old) has a large open land fund, which will be an advantage for future development planning. Therefore, in the coming time, when important transport projects such as highways and airports are effectively implemented, and at the same time, the transport routes connecting the two areas of Dong Nai province are quickly deployed, it will help connect the region more strongly, facilitate the flow of goods, promote trade and export.

To continue developing trade, services and exports, the breakthrough task of the industry and trade sector in 2025 is to organize trade promotion delegations abroad to expand markets, encourage businesses to apply digital technology in production and business, and promote the development of cross-border e-commerce...

Despite the ongoing global trade tensions, in the first 6 months of this year, Dong Nai (old) still exported nearly 16 billion USD, up nearly 20% over the same period last year. On average, 3-5 enterprises in the province completed factory construction and production operations each month, with most of their goods exported to other countries. According to enterprises, the new Dong Nai province helps facilitate production and export linkages.

Mr. Dang Van Diem, Chairman of Dong Nai Business Federation, Director of Thong Quan Joint Stock Company, said that the merger between the two provinces will be a new opportunity for the business community. Dong Nai enterprises have previously had connections and business cooperation with enterprises of Binh Phuoc province (old), after the merger into one province, the opportunities will be more and more open. In addition, the business community also expects that the two merged provinces will be very favorable in terms of state management, tax work, support policies, access to capital sources... At the same time, the improved traffic infrastructure system, convenient logistics of transporting goods between the two regions will reduce costs, lower product prices, and better exploit the resources of both regions.

Representatives of several large foreign corporations that have invested in the province such as Hyosung, Formosa, Lixil, Schaeffler, Meggitt... said that production and export of products from factories in Dong Nai are still quite good. The corporations are continuing to increase capacity to meet orders from foreign partners.

Expanding exports and increasing trade surplus

For decades, Dong Nai has always been in the top of the country in terms of exports. The province is the leader in the country in terms of trade surplus. 2014 was the first year Dong Nai had a trade surplus of 500 million USD, and the whole country only had a trade surplus in 2016. Each year, the province's trade surplus has increased, accounting for
20-30% of the country's trade surplus. The above results were achieved because many years ago the province had a policy of selectively attracting investment, prioritizing supporting industry projects to reduce imports.

Similarly, Binh Phuoc province (old) although its economic scale is smaller and its export value is lower, has also increased rapidly. In 2024, export turnover reached 4.6 billion USD and import reached 2.9 billion USD, so the province's trade surplus reached 1.7 billion USD.

The merger between the two localities creates a large economic scale, high export value and the trade surplus of Dong Nai continues to be among the top in the country. It is expected that by 2025, Dong Nai's trade surplus may exceed 8 billion USD.

According to Chairman of the Provincial People's Committee Vo Tan Duc, after the merger, the province expects each citizen and enterprise to be an "ambassador" for cooperation and development. Opportunities for the locality as well as enterprises are wide open, so it is necessary to jointly grasp new opportunities from the merger, creating new momentum; that will form the strongest catalyst to turn the province's abundant potential into reality.

Currently, Dong Nai has trade with about 180 countries. However, the main export markets are still: the US, Japan, South Korea, the European Union, China. The export turnover of other countries is still low. Since the beginning of the year, enterprises have been rushing to expand and diversify export markets to avoid being too dependent on a few large markets.

Khanh Minh - Vuong The

Source: https://baodongnai.com.vn/kinh-te/202507/nhieu-co-hoi-mo-rong-xuat-khau-va-tang-xuat-sieu-c884f6f/