Many Mekong Delta localities still enjoy export growth in Q1

Many localities in the Mekong Delta failed to achieve their export targets in the first quarter of 2020, but their overseas shipments still rose slightly from the same period last year despite the global spread of COVID-19.
Many Mekong Delta localities still enjoy export growth in Q1 ảnh 1The tra fish processing factory of Sao Mai Group in the Mekong Delta province of An Giang (Photo: VNA)

Hanoi (VNA) – Many localities in the Mekong Deltafailed to achieve their export targets in the first quarter of 2020, but theiroverseas shipments still rose slightly from the same period last year despitethe global spread of COVID-19.

Local exporters admitted the COVID-19 outbreakhad caused heavy losses to their operations. 

Since the beginning of the pandemic, theirexport markets have been shrinking as a large number of countries, from theRepublic of Korea and Japan to Europe and the US, have imposed travelrestrictions to curb the coronavirus from spreading. This has subsequentlyinterrupted the flow of goods.

Given the circumstances, the slight export growthin Q1 was encouraging, according to industry and trade authorities in theMekong Delta.

Statistics show that Can Tho city earned 429.6million USD from exports in Q1, up 0.3 percent year on year. An Giang provincerecorded an increase of 2.6 percent in export revenue to 217.31 million USD.Meanwhile, trade turnover in Hau Giang province during the period was estimatedat 198.69 million USD, rising 4.49 percent year on year.

Doan Minh Triet, Deputy Director of the An GiangIndustry and Trade Department, said due to COVID-19, export activities had not beenas vibrant as in the same period of previous years, but a slight exportincrease was still an encouraging sign.

According to this department’s data, An Giangshipped 127,540 tonnes of rice worth 64.52 million USD in Q1, up 2.03 percentin volume and 1.29 percent in value year on year; 29,500 tonnes of frozenaquatic products worth 71.12 million USD, up 1.72 percent in volume and 2.18percent in value; 2,130 tonnes of frozen fruit and vegetables worth 3.6 millionUSD, up 1.19 percent in volume and 2.86 percent in value; and 31.01 million USDworth of apparel, up 3.37 percent.

To meet their export targets, industry and tradedepartments in the Mekong Delta said they had liaised with the Vietnam TradePromotion Agency and the country’s overseas commercial counsellors to ask forcoordination to carry out trade promotions in foreign markets.

They will also regularly learn about businesses’demand for support and credit to help firms diversify their products andmarkets.

Triet said the Vietnamese trade counsellor inSingapore had agreed to coordinate with the province to organise a trip forSingaporean seafood and rice companies to An Giang to meet local exporters.Besides, the trade counsellor in Japan will also display samples and cataloguesof An Giang products at the Vietnamese trade office there./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.