Can Tho (VNA) – The Mekong Delta city of Can Tho has set the goal toearn 1.67 billion USD from exports in 2017, a rise of 7.5 percent over 2016.
To this end, the municipal People’s Committee has designed anumber of measures, including increasing trade promotion at home and abroad,and tapping all opportunities to develop export markets.
Meanwhile, the locality will increase the application of newtechnologies in production, while creating favourable conditions for the exportof new products with high value, including footwear, garment and textile, andhandicrafts.
At the same time, Can Tho will also step up administrativereform to attract more investment. This is considered one of the breakthroughsof the city in 2017, aiming to increase production and export value,contributing to boosting local economic growth.
The city will hold regular meetings with exporters to removethe difficulties facing them in terms of mechanisms, capital, market andtechnology, thus enhancing export value and volume.
In 2016, Can Tho earned over 1.55 billion USD from export,up 5.7 percent over the previous year, but fulfilling only 94.1 percent of itsyearly target.
The major reason of the below-expectation export is thedifficulties in markets of agricultural products, as the main export productsof the city are rice and frozen aquatic products. While rice faces fiercecompetition from regional countries, aquatic products countered strict technicalbarriers and high duty rate.-VNA
Can Tho city plan to ensure export value by promoting processing and manufacturing projects, including garment and footwear plants and the Vietnam-Republic of Korea Industrial Technology Incubator.
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Illustrative image (Source: VNA) 
