Footwear exports fetch more than $1.1b
ÑOÀNG NAI The southern province of Ñoàng Nai has earned more than US$1.1 billion from footwear exports in the first seven months of this year, up 12.8 per cent year-on-year.
According to Director of the provincial Department of Industry and Trade Leâ Vaên Danh, in July alone, the export of this product brought $167 million to the province, up 16.4 per cent over the previous month and 5.1 per cent compared to a year earlier.
He said that growth was seen in almost all markets, led by the Republic of Korea with $323 million and the US with $309 million. They were followed by Belgium with $98 million, China with $50 million and the UK with $75 million, he said.
Local businesses attributed the growth to the Generalised System of Preferences (GSP) that the European Union has granted to Vieät Nam, coupled with the economic recovery in many markets, including the EU and the United States.
Intels contributions to City development hailed
HCM CITY Secretary of the HCM City Party Committee, Leâ Thanh Haûi, has said that Intel Products Vieät Nam Co Ltds effective investment has greatly contributed to the citys socioeconomic development, especially in training high-quality human resources.
Meeting with Intel Products Vieät Nam General Manager Sherry Boger on Tuesday at the debut of the companys first central processing unit (CPU) product in Vieät Nam, Haûi spoke highly of Intels efforts to overcome initial difficulties to realise cooperation commitments between the two sides.
He proposed that Intel raise its investment in the Saøi Goøn Hi-tech Park, focusing on the field of research and development.
For her part, Sherry Boger thanked the municipal authorities for creating favourable conditions for the company to turn out hi-tech products in Vieät Nam. VNS