Tra Vinh province sees vigorous trade, industrial growth

Tra Vinh (VNA) – In the first four months of this year, the Mekong Delta province of Tra Vinh recorded an industrial production and trade value of over 8 trillion VND (about 346 million USD), a year-on-year growth of nearly 30 percent, according to local authorities.

Director of the provincial Department of Industry and Trade Pham Van Tam attributed the growth to Tra Vinh’s efforts in implementing various solutions, mechanisms and policies in support of the enterprises.

Last year, local authorities implemented a project to support small- and medium-scaled enterprises in industrial zones and complexes, intensified the connection between banks and enterprises so as to improve access to capital, effectively conducted investment promotion activities, and developed new-style cooperatives.

Currently, the province is home to over 10,580 enterprises and business households which have poor production capacity and low competitiveness. To help them improve the situation, provincial authorities have helped them in terms of capital, technology, linkage and cooperation with domestic and foreign enterprises.

Besides, the department has also been helping enterprises to take part in trade fairs in other localities, through which many provincial enterprises have succeeded in securing contracts and orders from both inside and outside the country.-VNA