Illustrative image (Source: VNA)
Tien Giang (VNA) – The Mekong Delta province of Tien Giang has earned record export revenue this year, said Director of the provincial Department of Industry and Trade Ngo Van Tuan.

As of March, local export earnings neared 627 million USD, or nearly 27 percent of the yearly target and up more than 50 percent year-on-year, 58.5 percent of which was contributed by the foreign-invested sector.

Most key earners such as handbags, apparel, bronze pipelines, processed seafood and footwear recorded strong growth. Handbag export value hit nearly 157 million USD with a 52.3 percent increase in prices while bronze pipelines weighing up to 14,000 tonnes fetched 93.3 million USD, up 38 percent in volume and 60.8 percent in value, respectively.

Processed seafood soared 57.3 percent in volume and 56.3 percent in value to 44,400 tonnes and 88.4 million USD.

Major importers still come from American markets, followed by Asia and Europe.

Since the beginning of this year, Tien Giang has pushed forward an action plan to implement the 2011-2020 export-import strategy with orientations to 2030 along with business development, investment attraction and job creation.

Tuan said the locality has helped firms diversify export markets and informed them about bilateral and multilateral free trade agreements, helping them pursue new business opportunities.

This year, the province hopes to earn 2.35 billion USD from exports, up 11.4 percent year-on-year.-VNA