Business

Tien Giang enjoys export surge

The Mekong Delta province of Tien Giang has enjoyed a 16.7 percent year-on-year rise in exports, exceeding one billion USD this year despite a difficult economic situation, a provincial official has said.
The Mekong Delta province of Tien Giang has enjoyed a 16.7 percentyear-on-year rise in exports, exceeding one billion USD this yeardespite a difficult economic situation, a provincial official has said.

According to Dang Thanh Liem, Director of the TienGiang Department of Industry and Trade, the result, which surpasses theprovince’s yearly target by 10.38 percent, is an important forcespeeding up its exports in following years.

Domestic firms contributed 54 percent of the total, while foreign-invested ones made up 46 percent.

Local enterprises shipped abroad 134,220 tonnes of aquatic productsfor 284 million USD, over 19 million pairs of shoes for 180.22 millionUSD and nearly 20,000 million clothes items for 211.95 million USD.

Liem attributed the rise to the firms’ efforts in trade promotion andmarket expansion. Exports to the Asian market account for 33.5 percentof Tien Giang’s total revenue, followed by the EU, America and Oceania.

In the future, the province will continue enhancingtrade promotion and support local enterprises to extend theirdistribution channels, broadening markets and step up exports. Thelocality will also increase its engagement in trade fairs in and outsidethe country, he added.-VNA
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