Business

Kien Giang’s exports climb 7.7 percent in Q1

The Mekong Delta province of Kien Giang raked in over 162 million USD from exports in the first quarter of the year, an annual increase of 7.7 percent.
Kien Giang’s exports climb 7.7 percent in Q1 ảnh 1Illustrative photo (Source: VNA)
Kien Giang (VNA) – The Mekong Delta province ofKien Giang raked in over 162 million USD from exports in the first quarter ofthe year, an annual increase of 7.7 percent.

According to the provincial Department of Industry andTrade, key earners included rice, seafood and footwear products, contributing44.64 million USD, more than 57 million USD, and 25.77 million USD, respectively.

Director of the department Nguyen Van Hoang said a series ofmeasures to prevent and control COVID-19, support businesses, and promoteexports had been implemented during the period.

He added that agencies had also intensified collaborationamong sectors and localities, particularly Ho Chi Minh City and other southernprovinces and cities, to ensure the circulation of goods, restore supplychains, and serve industrial production and processing for export.

Hoang emphasised that at present, the rapid spread of theOmicron mutation, the impact of the Russia-Ukraine war, and China's zeroCOVID-19 policy present huge challenges to foreign trade.

Meanwhile, export enterprises continue to face difficultiessuch as a shortage of imported raw processing materials, high material andtransport prices, the official noted.

Kien Giang has set the goals of earning 228 million USD in thesecond quarter and more than 390 million USD for the first half.

To reach these targets, export promotions will be conductedin line with flexible, safe and effective pandemic prevention and control, withrelated business hurdles, especially regarding trade and market expansion, promptlytackled. Increasing communications on free trade agreements signed by Vietnam includingthe EU-Vietnam FTA and the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP) will also be prioritised./.
VNA
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