Kien Giang reports rise in export turnover in nine months

The Mekong Delta province of Kien Giang enjoyed an export revenue of more than 648 million USD in the first nine months of this year, a rise of 6.39% year on year.
Kien Giang reports rise in export turnover in nine months ảnh 1Harvesting rice in Kien Giang (Photo: VNA)
Kien Giang (VNA) – The Mekong Delta province of Kien Giang enjoyed anexport revenue of more than 648 million USD in the first nine months of thisyear, a rise of 6.39% year on year.

An upturn was seen in most products ofKien Giang in the January-September period, including rice at 59.48% to over222 million USD, and leather and footwear 13.51% to 145 million USD. Meanwhile, thelocality earned 171 million USD from exporting aquatic products, a drop of 17.86%.

In the period, Kien Giang also showed a strong increase inindustrial production value at 36.29 trillion VND (1.48 billion USD), ayear-on-year increase of 10.63%, mostly from the manufacturing-processing industry(34.62 trillion VND), mining industry (304 billion USD) and electricity and gasproduction and distribution (770 billion VND).

Vice Director of the provincial Department of Industry andTrade Lam Huynh Nhan said that the province aims for 12.71 trillion VND inindustrial production in the fourth quarter and 49 trillion VND for the wholeyear, a 10.01% rise year on year. It is also striving for an export turnover ofmore than 211 million USD in the last quarter to reach the yearly figure of 860 million USD, up7.23%.

To this end, along with keeping a close eye on the productionand business situation of local firms, the province will set up a specialworking group to remove difficulties and support local businesses andinvestors, said Nhan.

The locality will assist local enterprises to join tradepromotion activities inside and outside the country, and sell their products onthe provincial e-commerce platform at Kigi.com.vn.

According to the official, Kien Giang will also release informationand regulations regarding international economic integration as well ascontent on free trade agreements (FTAs) that Vietnam has signed. This will help them tap opportunities from the FTAs, including the EU-Vietnam Free TradeAgreement (EVFTA), Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP) and Regional Comprehensive Economic Partnership (RCEP), to reach more export markets./.
VNA

See more

At the workshop on digital transformation in the logistics sector in Hanoi on January 9. (Photo: VNA)

Logistics sector should embrace digitalisation for deeper int’l integration: insiders

Big investment should be made to accelerate digital transformation in the logistics sector, which plays a pivotal role in Vietnam’s socio-economic landscape, creating significant value addition and contributing to the nation's import-export growth, according to Deputy Director of the Agency for Foreign Trade under the Ministry of Industry and Trade Tran Thanh Hai.

Made-in-Vietnam products are increasingly dominating supermarket shelves. (Photo: VNA)

Vietnamese products dominate Tet market

With just over two weeks to the 2025 Lunar New Year (Tet) Festival, made-in-Vietnam products are having a dominant presence at supermarkets and convenience stores across the country, showcasing the growing strength of such brands as Kinh Do, Huu Nghi, Bibica, Cau Tre, and Vissan.

Cao Thi Phi Van, Deputy Director of the HCM City Investment and Trade Promotion Centre, speaks at the “New US Policies: Impacts on Trade and Investment” meeting on January 8 in HCM City. (Photo courtesy of ITPC)

Vietnam braces for changes under new US administration

Vietnam, an emerging leader in Asia, must proactively adapt to potential shifts in trade dynamics resulting from the policies of the new US administration, speakers said at a seminar in Ho Chi Minh City on January 8.

The Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam in 2025 to 7%. (Photo: VNA)

Vietnamese economy predicted to grow 7% in 2025: UOB

The Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam in 2025 to 7%, up from the previous projection of 6%, given the strong momentum that carried over from 2024 and pricing in the potential downside from future trade conflicts under the US administration.

Lao Bao International Border Gate in the central province of Quang Tri is among nine international border gates along Vietnam-Laos borderline. (Photo: VNA)

Vietnam, Laos eye long-term, sustainable trade ties

Prime Minister Pham Minh Chinh’s working trip to visit Laos and co-chair the 47th meeting of the Vietnam-Laos Inter-Governmental Committee is expected to help create a breakthrough in the two countries’ economic, trade and investment cooperation.

Illustrative image (Photo: vneconomy.vn)

Four foreign suppliers not yet complete tax registration

The department of taxation of large enterprises under the General Department of Taxation (GDT) has recently announced that four foreign suppliers conducting business in Vietnam through e-commerce digital platforms have not yet complied with regulations on tax registration through the GDT’s e-portal.