Kien Giang rakes in 170 million USD from exports

The Mekong Delta province of Kien Giang earned 170 million USD from exports in the first six months of this year, accounting for 42 percent of the annual target and up 2.6 percent from the same period last year, reported the provincial Department of Industry and Trade.
Kien Giang rakes in 170 million USD from exports ảnh 1A corner of Ha Tien town, Kien Giang province (Source: VNA)
Kien Giang (VNA) – The Mekong Deltaprovince of Kien Giang earned 170 million USD from exports in the first sixmonths of this year, accounting for 42 percent of the annual target and up 2.6percent from the same period last year, reported the provincial Department ofIndustry and Trade.

The growth was buoyed by increases in theexports of frozen fish (up 30 percent), frozen squid and octopus (up 30.5percent) and frozen shrimps (up 14 percent) thanks to the growing demands intraditional markets, namely Japan, the Republic of Korea and the European Union.

The export of other products, including instantnoodle, canned fish and cooking oil, to Cambodia also enjoyed a growth rate of 31percent as compared to the same period last year.

Many local exporters have taken the initiativein seeking foreign partners and stepped up the application of technology tobetter meet product quality requirements of import markets.

Trade and investment promotion activities have beenorganised both at home and abroad, while local enterprises have been supported tojoin domestic and overseas trade fairs, such as Australia Day, THAIEX inThailand, Vietnam-Israel Business Forum in Ho Chi Minh City, and the InternationalAgricultural Festival of the Mekong Delta 2017 in Can Tho city.

In the remaining months of this year, KienGiang will continue implementing comprehensive measures to boost exports, in abid to surpass the year’s target by 400 million USD.

Chairman of the provincial People’s CommitteePham Vu Hong said trade promotion activities will be increased, particularly intraditional markets while seeking new potential markets for its products.

More investment will be put in key productionareas in order to produce clean and high- quality agricultural products,particularly rice and shrimps to ensure sufficient supply for processing andexport.

Financial assistance will be offered to needylocal exporters so that they can apply technologies in processing to increaseadded values of products with high competitiveness.

The province will also ensure material supplyfor processing, human resources and preferential loans to promote exportsduring the upcoming Christmas season and New Year and lunar New Year festivals.-VNA  
VNA

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