The export activities in BR-VT province has been growing strongly
in the comparison with that of the same period last year. This is the good
signal for local socio-economic development during the rest time of year after
the difficult period caused of international and domestic economic crisis and
The garment trade is maintaining positive growth
with increasing export to the export market, especially US, EU,
Japan and Korea. These export rates for garment products are 15%, 19%, 14% and
Besides, BR-VT province garment
trade extended to new markets such as China and Russia etc. BR-VT province’s
garment trade has been exceeding 53% of the year’s plan. Many garment
businesses received orders to end of the first quarter of 2015.
Together with garment products,
seafood and agricultural products are local major exported goods. Although
facing many difficulties due to the decreased exported price, scarce material
sources and unstable consumption market, businesses still ensured the well
economic growth thanks to the flexibility and timely concern of local
authority. Till the end of Sep, lots of businesses completed 80% of year’s
Mr. Tran Van Dung, General
Director of BR-VT Seafood Processing and Importing-Exporting Joint-stock
Company (Baseafood) said: “With the positive effort and careful preparation, we
completed 75% of year’s plan after 10 months. We exported more than 7.500 tons
of seafood and got more than $ 23 million of turnover. We surely believe that
we will complete the initial plan by the end of year”.
The mechanical engineering is
also getting a remarkable recovery. The quantity of wind-turbine has been
increasing well thanks to the order from new markets. The capacity and turnover
of some trades of petroleum mechanics have been strongly increasing.
After 9 months of year, the total
exported turnover was about $ 13.099 million, increased 26% compared with the
figure of the same period last year. 10 of 15 local major export items have
increased in both capacity and turnover. These are petroleum, steel, leather,
imitation leather fabric, wind-turbine, garment products, cashew-nut oil,
handbag, imitation leather products, and mechanical items.
With the current recovery level
of international and domestic economy together with supportive policies of
Government as well as businesses’ effort, BR-VT province strives for reaching $
15.1 billion of total exported turnover, increased 5.8% compared with the
figure of 2013.
Tung – Translated by T.T