Tien Giang enjoys export surge
The Mekong Delta province of Tien Giang has enjoyed a 16.7 percent
year-on-year rise in exports, exceeding one billion USD this year
despite a difficult economic situation, a provincial official has said.
The Mekong Delta province of Tien Giang has enjoyed a 16.7 percent
year-on-year rise in exports, exceeding one billion USD this year
despite a difficult economic situation, a provincial official has said.
According to Dang Thanh Liem, Director of the Tien Giang Department of Industry and Trade, the result, which surpasses the province’s yearly target by 10.38 percent, is an important force speeding up its exports in following years.
Domestic firms contributed 54 percent of the total, while foreign-invested ones made up 46 percent.
Local enterprises shipped abroad 134,220 tonnes of aquatic products for 284 million USD, over 19 million pairs of shoes for 180.22 million USD and nearly 20,000 million clothes items for 211.95 million USD.
Liem attributed the rise to the firms’ efforts in trade promotion and market expansion. Exports to the Asian market account for 33.5 percent of Tien Giang’s total revenue, followed by the EU, America and Oceania.
In the future, the province will continue enhancing trade promotion and support local enterprises to extend their distribution channels, broadening markets and step up exports. The locality will also increase its engagement in trade fairs in and outside the country, he added.-VNA
According to Dang Thanh Liem, Director of the Tien Giang Department of Industry and Trade, the result, which surpasses the province’s yearly target by 10.38 percent, is an important force speeding up its exports in following years.
Domestic firms contributed 54 percent of the total, while foreign-invested ones made up 46 percent.
Local enterprises shipped abroad 134,220 tonnes of aquatic products for 284 million USD, over 19 million pairs of shoes for 180.22 million USD and nearly 20,000 million clothes items for 211.95 million USD.
Liem attributed the rise to the firms’ efforts in trade promotion and market expansion. Exports to the Asian market account for 33.5 percent of Tien Giang’s total revenue, followed by the EU, America and Oceania.
In the future, the province will continue enhancing trade promotion and support local enterprises to extend their distribution channels, broadening markets and step up exports. The locality will also increase its engagement in trade fairs in and outside the country, he added.-VNA
You should also see
PM asks for prompt actions to fix consequences of serious workplace accident in Yen Bai
Prime Minister Pham Minh Chinh on April 22 signed a dispatch asking for prompt actions to fix the consequences of a serious workplace accident that happened in a cement factory in the northern province of Yen Bai the same day, as well as measures to support victims.
See more
Business
An Giang bosters border economy
The Mekong Delta province of An Giang, billed as an economic centre that links Ho Chi Minh city, Can Tho city and Cambodia’s Phnom Penh, has paid due attention to developing border trade and logistics infrastructure so as to tap its border economic potential.
Business
Corporate bond maturity in 2024 remains high: MoF
The volume of corporate bonds maturing in 2024, though lower than that in 2023, is till at a high level, mostly in industries with payment risks such as real estate and renewable energy, according to a report by the Ministry of Finance (MoF).
Business
Government’s action programme cracks down on illegal fishing
A raft of measures to deal with illegal, unreported and unregulated (IUU) fishing is included in the Government’s freshly issued action programme as the country is striving to clamp down on illegal fishing, or else it will be hit by the European Commission (EC)’s warning card.
Business
Vietnam - an enticing destination for foreign investors: IMF expert
Vietnam is an attractive destination for foreign investors thanks to its high, stable growth, large domestic market and young, well-educated human resources, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam at the Annual Meetings of the IMF and the World Bank Group (WB) held recently in the US.
Business
More efforts needed to maintain export growth to China: Insiders
Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
