Tien Giang’s export turnover hits 1.27 billion USD

Tien Giang’s export turnover hits 1.27 billion USD (Photo: VNA)

Tien Giang (VNA) – 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.

Most of the province’s key staples recorded high export growth, such as copper tubes (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 shipments of high-quality rice in a bid to raise the export price of its products. An increasing global demand for rice has also contributed to the export price hike, around 17-20 percent higher than the previous year.

In the January-June period, the province’s exports to Europe rose 10.8 percent 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 promote exports in traditional markets while also seeking new ones, particularly markets that Vietnam has signed free trade agreements with.

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

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