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FDI enterprises have strengths on export

Monday, 28/05/2018

In the first 3 months of 2018, export activities continued having good signals with advantages concentrated in the block of FDI enterprises.

Overcoming the difficulties of the market, In the past years, in the past time, the province's export turnover has remained high growth, focusing on the markets such as US, EU, Russia, ASEAN, Japan, China, Korea, Taiwan.... .

Toyota Boshoku Ha Noi (Phuc Yen) manufacturing interior products for cars creates job for more than one thousand laborers

Among 200 FDI projects, 170 are in industrial zones that have contributed significantly to the industrial production of the province.

According to the report of the Management Board of industrial parks, in 2017, the revenue of FDI enterprises in industrial parks reached nearly USD 3.6 million, rising 23% compared to 2016; the value of export turnover reached over USD 2.6 billion, rising 29% compared to the same period.

In the first quarter of 2018, FDI enterprises in industrial zones remained the stability, export activities continued having positive signs. The export value was nearly USD 690 million, up 40% compared to the same period. In particular, some sectors reached high export turnover; motorbike manufacturing and assembling reached USD 34 million, rising 5% compared to the same period; automobile parts industryreached more than USD 15 million, rising 9% compared to the same period; electronic support industry reached USD 558 million, rising 50% compared to the same period....

In general, FDI enterprises in industrial zones of the province have good factories and production lines, always pay attention to technological innovation, meeting the increasing requirements of customers as well as constantly searching and expanding the market, so that the export market is stable.

Evaluated as one of the strongest companies with 100% foreign invested capital, in 2017, Piaggio Vietnam Co., Ltd manufactured and assembled more than 100,000 motorcycles of all kinds, 82 thousand exported vehicles, rising nearly 12% compared to the same year 2016.

In the context of the motorcycle market, the company has continued to implement the strategy of stabilizing the consumption market of domestic production; promoted exported vehicles, expanded the market to some countries in the region. In the first quarter of 2018, the output of assembled motorcycles of Piaggio Vietnam Co., Ltd. reached about 29,000 vehicles, approximately 100% compared to the same period.

Along with boosting business activities, FDI enterprises have contributed significantly to the budget. In the first 3 months of 2018, FDI enterprises in the industrial zones contributed more than VND550 billion to the State budget, making an increase of 22% compared to the same period of 2018. At the same time, this sector attracted and created jobs for nearly 78,000 labors, including over 60,000 labors in the province.

Vinh Phuc News


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