Ben Tre works to realise 10 billion USD export target

VNA
The Mekong Delta province of Ben Tre aims for an export value of 10 billion USD for 2021 – 2025, according to Vice Chairman of the provincial People Committee Nguyen Minh Canh.
Ben Tre (VNA) – The Mekong Delta province of Ben Tre aims for an export value of 10 billion USD for 2021 – 2025, according to Vice Chairman of the provincial People Committee Nguyen Minh Canh.

The province is expected to see its value added increase from 1.4 billion USD in 2020 to 2.6 billion USD in 2025. Industrial products and handicrafts will continue to account for the biggest proportion of its total export turnover at 76.3 percent, followed by processed aquatic products (16.5 percent), and fruit and vegetables (7.2 percent). Top export markets for the province include the US, Canada, the EU, China, the Republic of Korea, Japan, Australia, and ASEAN.

Canh said during the period, the province targets to export products of its strengths in terms of production, weather and soil conditions, while boosting the productivity of goods with high quality and high value added.

Coconut is the local key export earner, expecting to reel in 560 million USD in 2025, meaning an annual average increase of 10.05 percent in the five years.

To achieve such goals, the official noted the province will focus on boosting local exporters' capacity, developing products, material sources and markets for export, and building related infrastructure.

These works will cover the improvement of local business climate, the support for exporters to access technologies and loans, as well as the development of research and technology transfer regarding the processing of Ben Tre’s key export earners, among other activities.

The province has about 130 exporters and its products are found in 128 countries and territories. Turnover from its overseas shipments reached more than 656 million USD in the first half of 2021, up 14.11 percent from the same period last year./.
VNA