High-tech industries drive Ninh Binh’s trade value to over $32.4 bln
Saturday, July 18,2026
AsemconnectVietnam - Several of the northern province's key export commodities recorded significant growth, with laptop exports up 90.3%, trucks 35.4%, and passenger vehicles with 10 or more seats 13.6%.
Statistics for the first six months of 2026 show that northern Ninh Binh province's total export turnover was estimated at $17.255 billion, representing a 52.3% increase year-on-year and reaching 53.3% of the annual target.
These figures reflect the steady recovery of internal production capacity among local enterprises. The primary engine of this growth is the high-tech processing and manufacturing sector, which maintained a growth rate of 27.68%.
Several of the province's key export commodities recorded significant growth. Notably, laptop exports surged by 90.3%, followed by trucks at 35.4%, and passenger vehicles with 10 or more seats at 13.6%. Electronic components, including camera modules and touch screens, maintained a steady growth of 9.5%. Additionally, traditional products such as cement and clinker contributed positively to the value chain with a 10.3% increase.
On the import side, the province’s total turnover for the first half of 2026 was estimated at $15.222 billion, up 45.6% compared to the same period last year. This growth was largely driven by the demand for machinery, equipment, and raw materials for production within private enterprises and Foreign Direct Investment (FDI) firms.
In total, Ninh Binh’s import-export turnover surpassed the $32.4 billion mark in the first half of 2026. The trade balance remained in a surplus, with a trade advantage of over $2 billion.
To achieve these results, the province has effectively implemented its import-export strategy, supporting businesses in utilizing incentives from various Free Trade Agreements (FTAs).
Over the past six months alone, local authorities have issued more than 5,000 sets of preferential Certificates of Origin (C/O) for exports to major and potential markets, including South Korea, Japan, India, China, ASEAN nations, and the European Union (EU).
Thiên AnhSource: https://en.vneconomy.vn/
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