Bac Giang’s six-month export earnings hit 2.7 billion USD
The northern province of Bac Giang earned 2.7 billion USD from exports in the first half of 2017, up 33 percent from a year earlier, marking the highest growth rate compared to the same period of the last three years.
A lychee farm in Bac Giang. Lychees are among products the province plans to boost export in the time ahead (Photo: VNA)
Bac Giang(VNA) – The northern province of Bac Giang earned 2.7 billion USD from exportsin the first half of 2017, up 33 percent from a year earlier, marking thehighest growth rate compared to the same period of the last three years.
The provincial People’s Committee said thefigure is equivalent to 56.3 percent of this year’s target, which was set at 4.8billion USD.
Most of the export items were electronicproducts, apparel and agricultural products which were mainly shipped to theUS, China, the Republic of Korea and the European Union.
Bac Giang eyes an annual export growth rate of20-21 percent between 2016 and 2020. It expects to rake in 6.5 billion USD fromexports by 2020 with industrial, agricultural, food and handicraft productsbeing its key export staples.
To that end, Bac Giang will push ahead withadministrative reform in the customs sector, thus facilitating export andimport activities.
It will also promote the development ofagricultural brands in order to boost the shipment of processed products suchas canned agricultural products, lychees, Yen The hill chicken, Chu noodles,and rice wine of Van village.
The People’s Committee added that it will alsostep up communication activities, shifting the economic structure, developingmarkets, and fine-tuning financial, credit and investment policies forexport-oriented manufacturing. Efforts will also be made to develop logisticsinfrastructure, human resources and local businesses’ competitiveness.-VNA
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