President Truong Tan Sang suggested southern Binh Phuoc province focus on tapping its advantages in land and climate, to develop plants that generate high revenues and the farm processing industry.

The President visited Binh Phuoc province on October 28 as part of his tour of several southern provinces to inspect the local socio-economic situation.

Visiting the Ta Vat border guard post stationed in the locality, President Sang praised the work of soldiers in maintaining security, assisting ethnic residents in poverty reduction and driving socio-economic development.

He stressed that winning the support of local people is very important for the border guard force, in order to fulfill their task of defending the national border and building a border line of peace, friendship and development.

In a meeting with representatives from local farm processing businesses, the President showed great interest in their performance over recent time.

He was reported that out of 1,000 processors in the province, only 300 were generating profit. The others are struggling to cope with falling prices of agricultural products, rising production cost and a shortage of capital.

The President re-affirmed the Government’s commitment to supporting businesses, with several policy adjustments on the pipeline to assist economic recovery.-VNA