Workers at a seafood processing factory at the My Tho Industrial Park of Tien Giang province (Photo: VNA)Tien Giang (VNA) – The Mekong Delta province ofTien Giang saw a record yearly growth of 18 percent in industrial productionvalue in the first half of this year, to nearly 51.1 trillion VND (2.245billion USD), according to Director of the province’s Department of Industryand Trade Ngo Van Tuan.
The director said most major industries of the province suchas food processing, beverages, garment making, shoes and metal production postedgood growth compared to 2017.
He noted that foreign-invested enterprises operating in keylocal industrial parks were the driving force behind the strong growth.
Tuan cited as an example Heineken Vietnam Brewery Tien Giangwhose beer output rose by 39.4 percent year on year.
The local shoe making industry enjoyed a 25 percent growthwith many orders from foreign partners, especially from China.
The for-export tra fish processing industry also recorded an18 percent increase despite trade barriers in the US.
In the second half of the year, Tien Giang aims for 57.8trillion VND (2.54 billion USD) in industrial production value, bringing thefigure for the entire 2018 to nearly 108.9 trillion VND, up 18.5 percent from2017.
Also in the same period, Tien Giang raked in a total investment of morethan 7.2 trillion VND, or 316.8 million USD, a 2.3-fold increase from the sameperiod last year.
Over 97.2 percent of the amount, or 7 trillion VND (308 million USD),have been poured into 18 new projects.
Nearly 370 new enterprises havebeen established in the province in the January-June period with a totalregistered capital of more than 2.58 trillion VND (113.52 million USD), up 31.5percent and 89 percent, respectively.-VNA
