Workers at a farm produce processing company in Tien Giang province (Photo: VNA) Tien Giang (VNA) - The Mekong Delta province of Tien Gianghas set a target of earning 3.25 billion USD from exports in 2021, ayear-on-year increase of 8.3 percent, according to Acting Director of theprovincial Department of Industry and Trade Dang Van Tuan.
Local businesses have been called upon to capitalise on traditionalmarkets and at the same time seek new ones, especially those with high exportgrowth that Vietnam has signed free trade agreements (FTAs) with.
They have also been asked to channel investment into modern equipment andfurther foster the implementation of the export-import strategy for 2011-2020and a vision to 2030.
The provincial industry and trade sector will bolster the disseminationof information regarding new generation FTAs to support exports.
In the time to come, Tien Giang will pay attention to simplifyingprocedures regarding the issuance of certificates of origin and arrange courseson rules of origin in FTAs to help enterprises remain updated on regulationsand seize opportunities brought about by trade deals, in an attempt to gain afoothold in export markets and attract foreign currency, Tuan said.
The province will work to improve State management in trade andservices at large, and exports in particular, along with trade promotions forexport items and also job creation.
It will also better its investment climate and provincial competitivenessindex to facilitate exports.
Tien Giang posted export turnover of 3 billion USD last year, equal to88.2 percent of the target and down 8.1 percent from 2019 due to the COVID-19pandemic.
Industrial goods accounted for the lion’s share, with 76.5 percent.
Bronze pipe enjoyed high export growth, raking in 601.5 million USD, up5.7 percent against 2019, while rice exports nearly doubled to 131.8 millionUSD. Exports of footwear, meanwhile, inched up 1 percent to more than 450million USD.
Major export markets included countries in the Americas, Europe, and Northeastand Southeast Asia./.
