Soc Trang’s export revenue grows 26 percent despite COVID-19

Export revenue of the Mekong Delta province of Soc Trang reached 470 million USD in the first six months of 2020, up 26 percent over the same period in 2019, despite impact of the COVID-19 pandemic and severe salinity.
Soc Trang’s export revenue grows 26 percent despite COVID-19 ảnh 1Illustrative image (Source: VNA)


Soc Trang (VNA) – Export revenue of the Mekong Deltaprovince of Soc Trang reached 470 million USD in the first six months of 2020,up 26 percent over the same period in 2019, despite impact of the COVID-19pandemic and severe salinity.

Of the total, 332 million USD came from aquatic products, arise of 24.83 percent, and 97 million USD from rice, 2.2 times higher than thatin the same time in 2019.

A number of local fisheries firms predicted that shrimpexports will rise strongly in the coming months, even by 50 percent year onyear in July.

Experts attributed the results to Vietnam’s strongperformance in controlling the pandemic and local firms’ efforts in enhancingthe quality and designs for their products.

In 2020, Soc Trang aims to earn 900 million USD from exports,including 670 million USD of fisheries sales.

To this end, the province has directed the industry andtrade sector and businesses to expand markets, while focusing on traditionalones and diversifying their products to meet market demands.

Lam Hoang Nghiep, Vice Chairman of the Soc Trang People’sCommittee, said in the first six months of this year, economic growth of theprovince was only 0.51 percent, the lowest for the period since 1992. However,upturn was still seen in production, processing and agro-fisheries export,showing optimistic signs in economic growth for the rest of the year./.
VNA

See more

At an automotive exhibition in Shanghai, China. (Photo: AFP/VNA)

Chinese electric vehicles drive back into Vietnamese market

About a decade ago, Chinese car brands like Zotye Z8, Beijing X7, and Brilliance V7 entered the Vietnamese market to limited success. But a new fleet of modern Chinese vehicles began to gain traction in the Vietnam market last year.

Illustrative image (Photo: VNA)

Nearly 16 trillion VND raised through January bond auctions

The January auctions saw a strong preference for 10-year and 15-year bonds, representing 80.2% and 14.8% of the total, respectively. Specifically, 10-year bonds raised 12.81 trillion VND, while 15-year bonds garnered 2.36 trillion VND.

Thang Long ferry at Cau Da port in Ba Ria - Vung Tau province. (Photo: VNA)

Vung Tau - Con Dao high-speed ferry reoperated

The high-speed ferry service connecting Vung Tau city and Con Dao island in the southern province of Ba Ria-Vung Tau and vice versa was resumed on February 7 by Phu Quoc Express JSC after a 5-month suspension.

At the working session between the Vietnam Directorate of Market Surveillance and the US Embassy over counterfeit Sunview-branded raisins in Hanoi on February 7. (Photo: dms.gov.vn)

Vietnam, US tackle counterfeit Sunview-branded raisins

Statistics showed that since 2024, there have been 27 documented cases involving Sunview raisins, resulting in fines of over 536 million VND (21,440 USD), primarily due to the sale of smuggled goods and products of unclear origin.