Tien Giang targets 2.65 billion USD in export revenue

The Mekong Delta province of Tien Giang will strive to raise its export revenue by 6 percent to 2.65 billion USD in 2018.
Tien Giang targets 2.65 billion USD in export revenue ảnh 1Tra fish processed for exports (Photo: VNA)

Tien Giang (VNA) – The Mekong Delta province of Tien Giang willstrive to raise its export revenue by 6 percent to 2.65 billion USD in 2018.

According to Ngo Van Tuan, Director of the provincial Department of Industryand Trade, local export earnings reached 2.5 billion USD in 2017, up 19.3percent from the previous year and 6.4 percent higher than the plan.

Robust growth was seen in key earners like agro-fishery products and industrialproducts, he said, adding that seafood continued to be the driving force forlocal export.

Last year, the province earned 410 million USD from seafood exports, ayear-on-year increase of 43 percent. 90 percent of the value was contributed byprocessed tra fish products.

Major importers of local seafood were China, the EU and American countries.

In addition, the province earned 150 million USD from exporting 328,000 tonnesof rice, up 2.6 times in both value and volume.

Regarding the industrial sector, most local companies have paid due attentionto bolstering investment in modern machines and equipment to improve products’quality as well as promoting trade to gain foothold in foreign markets.

Garment and textiles, shoes, handbags and copper pipes made up 70 percent ofprovince’s total export revenue.

To realise the set target in 2018, the province will prioritise traditionalmarkets and make inroad into potential markets.

It will encourage local firms to deploy comprehensive investment measures toupgrade machines and products’ quality and better trade promotion efficiency tobreak into fastidious markets.-VNA 
VNA

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