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Vinh Long eyes 420 million USD in export revenue

Promoting shipments of key products such as leather shoes and frozen fruits and vegetable will be part of the Mekong Delta province of Vinh Long’s efforts to realise its export revenue target of 420 million USD in 2018.
Vinh Long eyes 420 million USD in export revenue ảnh 1A garment production line in BOHSING Co., Ltd in Vinh Long province. (Photo: VNA)

Vinh Long (VNA) – Promoting shipments of key products such asleather shoes and frozen fruits and vegetable will be part of the Mekong Deltaprovince of Vinh Long’s efforts to realise its export revenue target of 420million USD in 2018.

The province will work to support the development of trademarks of outstanding ruralindustrial products and local specialties while encourage businesses to joine-transactions and improve the efficiency of e-commerce platforms.

Trade promotion activities and networking events for local enterprises anddistributors in Can Tho city, Ho Chi Minh City, Da Nang city and Hanoi will begiven priority. The province will also support its businesses to seek andexpand export markets.

Vinh Long will pay attention to updates on changes in foreign countries' importpolicies, technical barriers, safeguard measures and international paymentrisks to give prompt support to local firms.

Last year, the province raked in the highest-ever export earnings of 420million USD, up 17.3 percent from 2016 and exceeding 16.6 percent of yearlyplan.

Deputy Director of the provincial Department of Industry and Trade Truong ThanhSu said most of the key exports experienced strong growth in 2017, includinghandicrafts (56.2 percent), garments and textiles (16 percent) and leathershoes (16.6 percent).

However, shipments of major farm produce continued declining due to fiercecompetition. Rice exports fell 50 percent and processed agricultural productsdecreased 17 percent as compared to 2016.-VNA
VNA

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