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Enterprises accelerate exports, maintain growth momentum

Updated: 21:58, 30/05/2024

BAC GIANG - Recently, Bac Giang has always been in the group of 10 localities with the highest export turnover nationwide. In 2023, the province's export turnover value reached 27.4 billion USD, ranking 6th nationwide, an increase of 4.8 billion USD compared to 2022.  

Tran Quang Tan, Director of the Department of Industry and Trade, said that in the first 5 months of this year, the province's export turnover hit more than 10.1 billion USD, an increase of nearly 1.6 billion USD over the same period last year. This result was greatly contributed by many enterprises, especially businesses with foreign direct investment (FDI).

Factory of Yadea Vietnam Electric Scooter Company Limtied in Quang Chau Industrial Park (Viet Yen).

For example, Fuyu Precision Technology Company Limited in Quang Chau Industrial Park is specialized in manufacturing electronic communications equipment, network ports, peripheral routers and computers among others.

The company's products are supplied to the US computer technology Apple Group. Thanks to the effort in production and business, for the past 5 months, the company has exported millions of products of all kinds with export turnover of nearly 1.15 billion USD, an increase of nearly 145 million USD over the same period last year. Also, it create jobs for thousands of workers, contributing nearly 3.6 billion VND to the provincial budget.

For the first 5 months of the year, export turnover of the whole province has reached more than 10.1 billion USD, an increase of nearly 1.6 billion USD over the same period last year. This result is greatly contributed by many businesses in the province.

Luxshare - ICT Co., Ltd in Van Trung Industrial Park has 5-month export turnover of nearly 857 million USD, an increase of about 100 million USD over the same period last year. This unit has exported millions of electronic components products to Apple Group.

Similarly, many other enterprises also have high export turnover such as: New Wing Interconnect Technology Bac Giang Co., Ltd in Van Trung Industrial Park; Hana Micron Vina Co.,Ltd in Van Trung Industrial Park; Fukang Technology Co.,Ltd in Quang Chau Industrial Park; Luxshare - ICT Vietnam Co., Ltd in Quang Chau Industrial Park...

Besides FDI enterprises, for the past 5 months, many domestic enterprises have also had high export turnover. Bac Giang targeted to achieve average export growth of 25-27% per year during 2021 - 2025.

According to the provincial Execution Plan of Goods Import-Export Strategy until 2030 issued by the People's Committee earlier this year, the province focuses on sustainable export development with priority taken to encouraging businesses to convert to a reasonable growth model in depth, high technology and processing technology associated with raw material areas and effective use of resources.

In 2023, the province's export turnover reached 27.4 billion USD, ranking 6th in the country (after Ho Chi Minh City and provinces of Bac Ninh, Binh Duong, Thai Nguyen and Hai Phong City). Bac Giang province was the only one in the whole country with a surplus.

This year, the province strives to gain export turnover of 33 billion USD. Up to this point, the province's export turnover has reached about 30% of the year's plan.

New Wing Interconnect Technology Company Limited in Van Trung Industrial Park is an enterprise with high export turnover.

According to the Provincial Industrial Park Management Board, since early this year, the province has issued new investment registration certificates for 25 FDI ​​projects with registered capital of nearly 200 million USD; adjusted capital for 24 FDI projects with an additional capital of more than 475 million USD, 9.1 times higher than the same period last year. The operating projects significantly contribute to increasing the province's export turnover in the coming time.

Besides, to support businesses in goods declaration, the Customs Office controlling the provincial Industrial Park pays attention to shortening customs clearance time and facilitating export activities.

The Office arranges staff to work at weekend to handle documents, avoiding a backlog of customs clearance declarations. For the past 5 months, the unit has proceeded more than 86,300 declaration sheets for businesses to export goods, an increase of about 45% over the same period last year.

Minh Linh

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