Kien Giang enjoys strong growth in exports

The Mekong Delta province of Kien Giang earned nearly 580 million USD from exports in the first 11 months of 2018, exceeding its yearly target by 11.3 percent, and representing a surge of 35 percent from the same period last year.
Kien Giang enjoys strong growth in exports ảnh 1Illustrative image (Source: VNA)

Kien Giang (VNA) – The Mekong Delta province of Kien Giangearned nearly 580 million USD from exports in the first 11 months of 2018, exceedingits yearly target by 11.3 percent, and representing a surge of 35 percent fromthe same period last year.

According to the provincial Department of Industry and Trade, theprovince’s export revenue for the whole year is estimated at 640 million USD,up more than 35 percent year on year and surpassing its target by 23 percent.

It earned 218 million USD from exporting rice, 213 million USD fromaquatic products and 170 million USD from footwear.

Kien Giang’s products have been sold in 35 markets around the world,including some new ones like Israel.

The department attributed the surge in exports to an increase in rice demandof some markets including Malaysia, China and the Philippines, along with thedevelopment of new markets, as well as higher rice prices.

Meanwhile, recovery was also seen in demand of aquatic products oftraditional markets.

However, the aquaculture sector of Kien Giang has suffered sharp drop inmany markets due to the EU’s yellow card for illegal,unreported, and unregulated (IUU) fishing, and ashortage in materials for export.

In 2019, Kien Giang aims to earn 680 million USD in exports. Chairman ofthe People’s Committee of Kien Giang Pham Vu Hong has said the province willfocus on developing safe and sustainable aquaculture and agriculturalproduction, while supporting local firms in applying high technology inproduction.

Kien Giang will set up a Customs Sub-Department of Rach Gia city to serveexporters, he added.-VNA
VNA

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