Public debt crisis in EU countries has continued to affect the world's consumption. Domestic raw material price increases due to rising gas and electricity prices. Banking interest has reduced, but the fact that lending conditions are complicated makes it difficult for businesses to access loans. However, with their best efforts, businesses in Binh Dinh has contributed to maintaining the province's growth rate of export and the export turnover has achieved USD 334.6 million in the first eight months of 2012.
Public debt crisis in EU countries has continued to affect the world's consumption. Domestic raw material price increases due to rising gas and electricity prices. Banking interest has reduced, but the fact that lending conditions are complicated makes it difficult for businesses to access loans. However, with their best efforts, businesses in Binh Dinh has contributed to maintaining the province's growth rate of export and the export turnover has achieved USD 334.6 million in the first eight months of 2012.
The export turnover in July 2012 realized USD 31.1 million, up 27.1% compared with July 2011 (USD 24.5 million). The export turnover in August 2012 is estimated to gain USD 29.6 million, up 12.5% compared with August 2011 (USD 26.4 million). For the first 8 months of 2012 it is estimated to realize USD 334.6 million, reaching 69.7% of the year plan, up 19.6% compared to the same period in 2011.
The total number of enterprises engaged in export over the last 8 months is 101 businesses. In particular, the export turnover of the state-owned enterprises accounts for 0.7%, down 34.7%; the non-state-owned enterprises accounts for 93.5%, up 19.1% and the foreign-invested enterprises 5.8%, up 42.8% compared to the same period in 2011.