Business

Tien Giang’s export turnover hits 1.27 billion USD

Export turnover of the Mekong Delta province of Tien Giang reached 1.27 billion USD in the first half of 2018, a rise of 6.8 percent year-on-year, said Director of the provincial Department of Industry and Trade Ngo Van Tuan.
Tien Giang’s export turnover hits 1.27 billion USD ảnh 1Tien Giang’s export turnover hits 1.27 billion USD (Photo: VNA)

Tien Giang (VNA) – Export turnover of the Mekong Delta provinceof Tien Giang reached 1.27 billion USD in the first half of 2018, a rise of 6.8percent year-on-year, said Director of the provincial Department of Industryand Trade Ngo Van Tuan.

Most of the province’s key staples recorded high export growth, such as coppertubes (244 million USD), footwear (230.8 million USD), garment and textiles(210.5 million USD), and rice (93.2 million USD).

Currently, the province’s rice exporters have been working to increase shipmentsof high-quality rice in a bid to raise the export price of its products. An increasingglobal demand for rice has also contributed to the export price hike, around17-20 percent higher than the previous year.

In the January-June period, the province’s exports to Europe rose 10.8percent year-on-year, followed by its exports to America (6.7 percent) and Asia(3.8 percent).

Tuan said that businesses in Tien Giang have continued to promoteexports in traditional markets while also seeking new ones, particularlymarkets that Vietnam has signed free trade agreements with.

In the near future, import tariffs imposed on Vietnamese goods will beremoved or cut down thanks to those agreements, offering new opportunities forTien Giang’s products, he added.

In the remaining months, the province aims to earn 1.37 billion USD fromexports to meet the target of 2.65 billion USD for the whole year, obtaining a year-on-yearrise of 6.3 percent.-VNA 

VNA
#Tien Giang #export turnover #Mekong Delta #high export growth #rice exporters #free trade agreements #Vietnamese goods #vietanmplus #Vietnam News Agency Tien Giang
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