Business

Kien Giang province eyes 12.7 percent export growth in Q2

The Mekong Delta province of Kien Giang is aiming at 218 million USD in export revenue in Quarter 2, a year-on-year surge of 12.7 percent.
Kien Giang province eyes 12.7 percent export growth in Q2 ảnh 1Illustrative image (Photo: VNA) 
Kien Giang (VNA) - The Mekong Delta province of Kien Giang is aimingat 218 million USD in export revenue in Quarter 2, a year-on-year surge of 12.7percent.

With this figure, total earnings from exports in the first half will likely topmore than 355 million USD, accounting for 47.3 percent of the annual plan and up2.3 percent year-on-year.

According to the provincial Department of Industry and Trade, the localitypocketed more than 136 million USD from exports in Quarter 1, down 15.5 percentyear-on-year.

Of the total, rice brought home 42 million USD, seafood over 45 million USD,leather shoes 27 million USD, fruit and vegetables 5.66 million USD, and otherproducts 15.17 million USD.

COVID-19 made it difficult for local firms to ship products to traditionalmarkets, and processors also faced a shortage of raw materials due to climatechange and diseases, the department said.

However, with sound business strategies, many companies were successful in fulfillingcontracts and were able to ship products to markets on the road to recovery.

Local companies also received legal documents on the application of the Sanitaryand Phytosanitary Measures (SPS) of WTO member states, which could affect the shipmentof Vietnamese agricultural products.

The departmentalso provided support and worked to remove bottlenecks in capital, materials,workers, trade promotion, and market development for local producers./.
VNA
#Mekong Delta province of Kien Giang #Vietnamplus #Vietnam News Agency #export revenue #Department of Industry and Trade Kien Giang
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