The export turnover of the Mekong Delta province of Tien Giang hit a new record high of 1.35 billion USD in the first 11 months of the year, marking a year-on-year surge of 40.8 percent.

The figure has beaten the yearly target by 15.4 percent and even surpassed the target of 1.3 billion USD set for 2015.

Director of the provincial Department of Trade and Industry Ngo Van Tuan said adopted investment incentives have reeled in a number of new businesses to key industrial zones, creating a wider range of products for export.

Local material areas were also built up to ensure direct, stable supply for processors, including the zones for saltwater shrimp farming and high-quality rice paddy in Go Cong commune as well as the pineapple growing area in Tan Phuoc district.

Domestic firms have accounted for 47.2 percent of the province’s total export earnings while foreign businesses made up the rest, Tuan reported.

Sales of key export lines were on the rise during the period. Prominently, processed seafood hit 132,000 tonnes in volume and 290 million USD in value, up 8.5 percent and 13.4 percent, respectively.

Meanwhile, a number of new products have made inroads into international markets. By the end of November, the province has shipped 6.9 million items of bags abroad for 215.8 million USD, a year-on-year surge of 90 percent in volume and 100 percent in value.

Tien Giang is exporting commodities to 136 countries and territories worldwide.

The locality forms part of the Mekong delta region, which produces over 50 percent of the total food output, and provides 90 percent of the country’s exported rice, 70 percent of exported fruits and 70 percent of exported seafood.-VNA