The Mekong Delta province of Vinh Long has devised a business strategy promoting local agricultural produce and industry in a bid to boost annual export growth by between 11.5 and 15 percent by 2020.

High value added commodities, processed goods and high-tech products will gradually become the locality’s major exports, the plan states.

Vinh Long intends to build a number of new production facilities dedicated to agricultural goods serving foreign markets. This method is based on successful pilot models, such as farms in My Hoa, Tuong Loc and My Thanh Trung communes that cultivate pomelo to international standards.

Attracting investments in export production is also now a priority. Three construction projects at Binh Minh industrial park are receiving particular attention: a cold storage warehouse, a fruit and vegetable processing factory, and a plant producing electronic devices and computers.

According to Phan Anh Vu, Deputy Chairman of the provincial People’s Committee, rice has been the main driving force behind the local growth in export revenue in recent years.

Meanwhile, commodities such as handicrafts and aquacultural products have not successfully sold overseas due to the weak performances of related associations and enterprises, he said.

In 2015, as part of efforts to earn 330 million USD in trade revenue, the province is to bolster the export of rice to African countries, and handicrafts and apparel to the US and Japan. It will also facilitate local businesses to take part in 13 domestic and international trade fairs.-VNA