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Tien Giang earns record export revenue

The Mekong Delta province of Tien Giang has earned record export revenue this year, said Director of the provincial Department of Industry and Trade Ngo Van Tuan.
Tien Giang earns record export revenue ảnh 1Illustrative image (Source: VNA)
Tien Giang (VNA) – The Mekong Delta province of Tien Giang has earned recordexport revenue this year, said Director of the provincial Department ofIndustry and Trade Ngo Van Tuan.

As ofMarch, local export earnings neared 627 million USD, or nearly 27 percent ofthe yearly target and up more than 50 percent year-on-year, 58.5 percent ofwhich was contributed by the foreign-invested sector.

Most keyearners such as handbags, apparel, bronze pipelines, processed seafood andfootwear recorded strong growth. Handbag export value hit nearly 157 millionUSD with a 52.3 percent increase in prices while bronze pipelines weighing upto 14,000 tonnes fetched 93.3 million USD, up 38 percent in volume and 60.8percent in value, respectively.

Processed seafoodsoared 57.3 percent in volume and 56.3 percent in value to 44,400 tonnes and88.4 million USD.

Majorimporters still come from American markets, followed by Asia and Europe.

Since thebeginning of this year, Tien Giang has pushed forward an action plan toimplement the 2011-2020 export-import strategy with orientations to 2030 alongwith business development, investment attraction and job creation.

Tuan saidthe locality has helped firms diversify export markets and informed them aboutbilateral and multilateral free trade agreements, helping them pursue newbusiness opportunities.

This year,the province hopes to earn 2.35 billion USD from exports, up 11.4 percentyear-on-year.-VNA
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