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Thai Nguyen’s export turnover reached nearly 5 billion USD

08/03/2022

Although the first two months of 2022, the Covid-19 epidemic in Thai Nguyen province was complicated, tens of thousands of workers were infected with Covid-19, F1 had to be isolated for treatment, so they could not participate in production; coincided with the Lunar New Year holiday, the weather was harsh, but the export turnover of Thai Nguyen province still reached $4,956 million, up 1.5% over the same period.

Although production is in complicated conditions, many businesses still overcome difficulties to grow exports, maintain jobs and income for workers. Samsung Thai Nguyen Complex maintains import supply chains and ancillary businesses to manufacture components and assemble smartphones and tablets.

Specializing in garment exports with great value, in 2022, TNG Investment and Trading Joint Stock Company will increase workers’ wages by more than 20% to improve workers’ lives. Nui Phao Mining and Mineral Processing Co., Ltd specializes in manufacturing high-tech products for export, making strict efforts to prevent and control the Covid-19 epidemic to stabilize and develop production.

In the harsh climate, cold, prolonged cold, many fields have to work outdoors, such as mining iron ore, coal, the price of input materials has increased, such as Thai Iron and Steel Joint Stock Company. Nguyen (Tisco) still achieved a revenue of 3,200 billion VND, paid nearly 50 billion VND to the state budget, the average income of workers reached nearly 13 million VND/month, the highest ever.

The efforts of enterprises to overcome adversity and the support of Thai Nguyen province brought the export turnover of the first two months of 2022 to nearly US$5 billion, of which electronic products and spare parts reached 3.2. billion USD, up 2%; smartphones reached nearly a billion dollars; tablets reached 451.7 million USD, up 9.1% over the same period. Many kinds of goods have a sudden increase in export value, such as non-ferrous metals and non-ferrous metal concentrates reaching USD 43.8 million, an increase of nearly 2 times; iron and steel products reached 5.2 million USD, up 30%; garment reached USD 73.2 million, up 23.6% over the same period.

The value of industrial production and export in the province still maintains its growth momentum, reaching VND 844 trillion in 2021, up 7.71%; exports reached 28.85 billion USD, up 17.9% compared to 2020; In the first two months of this year, industrial production value increased by 5.2%.

Source: Baolangson.vn

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