Hoa Binh strives to gain over 1.4 billion USD in import-export value
The northern province of Hoa Binh plans to raise its import-export value to more than 1.4 billion USD in 2019, of which exports are expected to contribute 790 million USD.
Illustrative photo (Source: baohoabinh.com.vn)Hoa Binh (VNA) – The northern province of Hoa Binh plans to raise its import-export value to more than 1.4 billion USD in 2019, of which exports are expected to contribute 790 million USD.
According to Pham Tien Dung, director of the provincial Department of Industry and Trade, local export earnings in February alone reached 53.7 million USD, bringing the total export figure for the year’s first two months to 107.9 million USD, up 15.02 percent from the same period last year and equivalent to 13.66 percent of the annual target.
Key foreign currency earners included electronic products, garments-textiles, metal, and compressed wood panels.
Dung said that in order to achieve the 2019 goal, the provincial trade and industry sector will focus on reforming administrative procedures; attracting investment; and stepping up the building, development, and registration of national trademarks and key export staples.
It will also increase trade promotion activities and introduce agricultural products to potential markets, capitalise on signed free trade agreements, and remove hurdles to facilitate local enterprises and projects, he added.
In 2018, Hoa Binh’s import-export turnover exceeded 1.1 billion USD. –VNA
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