Export value of the northern mountainous province of Tuyen Quang in 2014 hit 61.44 million USD, 1.6 percent higher than the yearly target, said Ma Van Phan, Director of the local Department of Industry and Trade.
Of the value, domestic businesses accounted for up to 60 percent, with their key products such as barite powder, tea, and processed wood.
Tea, one of the locality’s key exports, saw growth in both quantity and quality in recent years, helping local businesses retain a stable growth.
Tuyen Quang shipped abroad 3,300 tonnes of tea this year, raking in 6.24 million USD. Major importers for the local tea are Russia, Afghanistan, Japan, the Netherlands and the US.
At that time, pulp exports reached 24,600 tonnes worth over 13 million USD, while that of barite powder hit 105,000 tonnes, earning 3.27 million USD.
Phan said the good results are attributable to the local authorities’ efforts in taking a number of measures such as investment incentives and capital support among others, facilitating local firms’ production.
Additionally, businesses enhanced investment in moderlising their production line, while proactively intensifying trade promotion activities to seek new more markets.
At present, over 30 enterprises in the locality specialise in directly producing and processing for-export goods. Their products were shipped to 50 countries and territories, including the European Union, the US, Japan, the Republic of Korea, China and ASEAN.
In the coming time, the provincial Department of Industry and Trade will continue increasing trade promotion activities to expand export markets for the locality.-VNA
Of the value, domestic businesses accounted for up to 60 percent, with their key products such as barite powder, tea, and processed wood.
Tea, one of the locality’s key exports, saw growth in both quantity and quality in recent years, helping local businesses retain a stable growth.
Tuyen Quang shipped abroad 3,300 tonnes of tea this year, raking in 6.24 million USD. Major importers for the local tea are Russia, Afghanistan, Japan, the Netherlands and the US.
At that time, pulp exports reached 24,600 tonnes worth over 13 million USD, while that of barite powder hit 105,000 tonnes, earning 3.27 million USD.
Phan said the good results are attributable to the local authorities’ efforts in taking a number of measures such as investment incentives and capital support among others, facilitating local firms’ production.
Additionally, businesses enhanced investment in moderlising their production line, while proactively intensifying trade promotion activities to seek new more markets.
At present, over 30 enterprises in the locality specialise in directly producing and processing for-export goods. Their products were shipped to 50 countries and territories, including the European Union, the US, Japan, the Republic of Korea, China and ASEAN.
In the coming time, the provincial Department of Industry and Trade will continue increasing trade promotion activities to expand export markets for the locality.-VNA