Vinh Long works towards sustainable export growth

Vinh Long works towards sustainable export growth

The Mekong Delta province of Vinh Long is striving to boost sustainable export growth during 2021-2025.
Vinh Long works towards sustainable export growth ảnh 1Vinh Long province plans to promote shipment of high-quality rice. (Photo: VNA)

Vinh Long (VNA) - The Mekong Delta province of Vinh Long isstriving to boost sustainable export growth during 2021-2025.

The province has set the target to reel in 870 million USD from exports by2025, with key export markets including ASEAN, Japan, China, China’s Taiwan,Russia, East European countries, Africa, the EU and the US.

According to Director of the provincial Department of Industry and Trade NguyenTrung Kien, seeing rice as a key export, Vinh Long plans to ship average100,000-200,000 tonnes of high-quality rice per year abroad until 2025, andwork to increase price of local rice while diversifying rice products to branchout markets.

Holding a huge advantage of tra and basa fish farming, the province eyes to sellsome 20,000 tonnnes of frozen tra fish to foreign markets by 2025.

Kien said Vinh Long is making efforts to gain 35-40 million USD from exports ofgrape fruits, canned fruits, dried fruits, and vegetables by 2025, adding areaswere zoned off for cultivation of vegetables and orchards such as grape fruit,orange, tangerine, longan, and mango, among others.

Additionally, the locality targets 530-600 million USD in export revenue ofleather footwear and garment-textile, and 60 million USD in export revenue ofhandicraft products by 2025.

In a bid to realise the set goals, an array of measures were outlined, Kiensaid, stressing due attention will be paid to developing agriculturalprocessing industry and finished goods to better the products’ value and theircompetitive edge in the market.

Kien said along with supportpolicies for local production, the province will improve technical services topromote mechanisation of agriculture, particularly post-harvest processingand preservation.

Investment promotion will be givenpriority so as to attract investment in supporting industries for footwear,garment-textile, electronics and engineering sectors, helping local producersand exporters improve their products’ competitiveness.

On the other, the province encourages local businesses to develop materialszones to ensure stable input for production, apply advanced technology tobetter products’ quality, while building brands to gain foothold in the market.  

According to the Department of Industry and Trade, the province is now housing40 export firms, including 15 foreign-invested businesses.

During 2015-2020, the locality’s export revenue rose significantly, from 302million USD in 2015 to 570.5 million USD five years later. The North Americaaccounted for the lion’s share of the province’s export, accounting for 37percent of the total shipments, followed by Europe (31 percent), and Asia (29percent)./.
VNA

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