Bac Giang (VNA) – The northern province of Bac Giang earned 2.7 billion USD from exports in the first half of 2017, up 33 percent from a year earlier, marking the highest growth rate compared to the same period of the last three years.
The provincial People's Committee said the figure is equivalent to 56.3 percent of this year's target, which was set at 4.8 billion USD.
Most of the export items were electronic products, apparel and agricultural products which were mainly shipped to the US, China, the Republic of Korea and the European Union.
Bac Giang eyes an annual export growth rate of 20-21 percent between 2016 and 2020. It expects to rake in 6.5 billion USD from exports by 2020 with industrial, agricultural, food and handicraft products being its key export staples.
To that end, Bac Giang will push ahead with administrative reform in the customs sector, thus facilitating export and import activities.
It will also promote the development of agricultural brands in order to boost the shipment of processed products such as canned agricultural products, lychees, Yen The hill chicken, Chu noodles, and rice wine of Van village.
The People's Committee added that it will also step up communication activities, shifting the economic structure, developing markets, and fine-tuning financial, credit and investment policies for export-oriented manufacturing. Efforts will also be made to develop logistics infrastructure, human resources and local businesses' competitiveness.-VNA
- VIETNAM NEWS JANUARY 11
- VIETNAM NEWS JANUARY 12
- VIETNAM BUSINESS NEWS JANUARY 15
- VIETNAM BUSINESS NEWS JANUARY 18
- BUSINESS NEWS JANUARY 19
- VIETNAM BUSINESS NEWS JANUARY 24
Bac Giang’s six-month export earnings hit 2.7 billion USD have 276 words, post on en.vietnamplus.vn at June 26, 2017. This is cached page on Talk Vietnam. If you want remove this page, please contact us.