The export turnover of the Mekong Delta province of Tien Giang hit a newrecord high of 1.35 billion USD in the first 11 months of the year,marking a year-on-year surge of 40.8 percent.
The figure has beaten the yearly target by 15.4 percent and even surpassed the target of 1.3 billion USD set for 2015.
Director of the provincial Department of Trade and Industry Ngo VanTuan said adopted investment incentives have reeled in a number of newbusinesses to key industrial zones, creating a wider range of productsfor export.
Local material areas were also built up toensure direct, stable supply for processors, including the zones forsaltwater shrimp farming and high-quality rice paddy in Go Cong communeas well as the pineapple growing area in Tan Phuoc district.
Domestic firms have accounted for 47.2 percent of the province’s totalexport earnings while foreign businesses made up the rest, Tuanreported.
Sales of key export lines were on the riseduring the period. Prominently, processed seafood hit 132,000 tonnes involume and 290 million USD in value, up 8.5 percent and 13.4 percent,respectively.
Meanwhile, a number of new productshave made inroads into international markets. By the end of November,the province has shipped 6.9 million items of bags abroad for 215.8million USD, a year-on-year surge of 90 percent in volume and 100percent in value.
Tien Giang is exporting commodities to 136 countries and territories worldwide.
The locality forms part of the Mekong delta region, which producesover 50 percent of the total food output, and provides 90 percent of thecountry’s exported rice, 70 percent of exported fruits and 70 percentof exported seafood.-VNA
The figure has beaten the yearly target by 15.4 percent and even surpassed the target of 1.3 billion USD set for 2015.
Director of the provincial Department of Trade and Industry Ngo VanTuan said adopted investment incentives have reeled in a number of newbusinesses to key industrial zones, creating a wider range of productsfor export.
Local material areas were also built up toensure direct, stable supply for processors, including the zones forsaltwater shrimp farming and high-quality rice paddy in Go Cong communeas well as the pineapple growing area in Tan Phuoc district.
Domestic firms have accounted for 47.2 percent of the province’s totalexport earnings while foreign businesses made up the rest, Tuanreported.
Sales of key export lines were on the riseduring the period. Prominently, processed seafood hit 132,000 tonnes involume and 290 million USD in value, up 8.5 percent and 13.4 percent,respectively.
Meanwhile, a number of new productshave made inroads into international markets. By the end of November,the province has shipped 6.9 million items of bags abroad for 215.8million USD, a year-on-year surge of 90 percent in volume and 100percent in value.
Tien Giang is exporting commodities to 136 countries and territories worldwide.
The locality forms part of the Mekong delta region, which producesover 50 percent of the total food output, and provides 90 percent of thecountry’s exported rice, 70 percent of exported fruits and 70 percentof exported seafood.-VNA
