Businesses operating in industrial and economic zones (IZs and EZs) exported nearly US$53.5 billion worth of commodities in the first seven months of 2016, representing a year-on-year increase of nearly 15% and contributing over 50% to Vietnam’s export revenue.

The import revenues of these enterprises were also high, at US$52.8 billion, up 6.7% year on year and equivalent to 49% of the country’s total figure, resulting in a trade surplus of US$700 million and supplementing over VND66 trillion (US$2.97 billion) to the state budget.

As reported by the Economic Zones Management Department under the Ministry of Planning and Investment, industrial and economic zones have registered considerable growth in their January-July performance indicators, with total revenues estimated at more than US$79.3 billion, up 16% compared to the same period last year.

Notably, IZs and EZs attracted a number of large-scale investment projects in the field of heavy industry and electronic industry, contributing to enhancing the operational efficiency of IZs and EZs, gradually affirming Vietnam as a base for global industrial production.

In addition, IZs and EZs also drew over 7,320 domestic projects during the period with a total registered capital of more than VND1.38 quadrillion (US$62.1 billion), VND692 trillion of which has already been disbursed.

Nhan Dan