Tien Giang targets US$2.65 billion in export revenue

According to Ngo Van Tuan, director of the provincial Department of Industry and Trade, shipments of processed seafood, particularly Tra fish, drove the export growth. The 6-month export value of local fishery commodities, of which 90% were Tra fish products, increased 5.3% from last year to US$132.6 million. Tien Giang Tra fish has to date been exported to 50 markets across the globe.Rice exports were also a highlight, growing 50% during the period compared to last year, with more than 115,000 tonnes of rice shipped overseas, reeling in US$55.7 million.Tuan said the outcomes are a good start for Tien Giang to realise…... [read more]

Provinces in the Mekong Delta region aim to generate US$15 billion from exports in 2017, surging 9.4 per cent from the previous year, according to the Steering Committee for the Southwest Region.To reach the goal, the provinces plan to accelerate trade and investment promotion and seek new export markets for their agricultural goods.Top priorities will also be given to changing the structure of exports towards high-value goods, applying advanced science-technology while reducing exports of low-value farm produce, the committee said, adding that provinces will also speed up administrative reforms to better facilitate businesses and support them in fostering technical innovations…... [read more]

According to the provincial Department of Industry and Trade, thelocality will focus on boosting food processing for domestic and foreignneeds, especially products with competitiveness such as rice, seafood,frozen vegetables and fruits. It will alsostrengthen trade promotion to raise the export turnovers of its staplesin promising markets, while maintaining traditional markets andenhancing the management of goods quality, the department said. In 2014, An Giang will remove difficulties for businesses, especiallythose operating in manufacturing and processing rice, frozen shrimp andvegetable, and apparels which are the province’s four key currencyearners. It will ensure a favourable environment forboth local and foreign businesses as well…... [read more]

The province currentlyhouses about 1.5 million quails and one million black chickens, amongother chicken varieties farmed under strict food security requirementsto produce quality eggs for export. One breeding farm, ownedby Phan Van Tieu in Phu Kiet commune, Cho Gao district, has 4,000 blackhens that can produce up to 1,200 eggs each day. According tothe Director of the Southern Centre for Policy and Strategy forAgricultural and Rural Development Nguyen Van Giap, their centre hasprovided breeding skill training for 60 local households. Of these,eight have been selected to farm between 1,000-2,000 black chickens foreggs as a trial, in order to examine export…... [read more]

HA NOI - The Cho Gao Dragon Fruit Cooperative in the southeastern province of Tien Giang has received an export licence for Thanh Long (dragon fruit) which allows them to export the fruit to the US, said the Southern Fruit Research Institue (SOFRI). Before export permission was given, the cooperative was awarded the VietGAP certificate, which ensures the quality of fruit, in terms of hygene, ripeness, quality of environment, and clearly outlining fruit origins, measures aimed at boosting fruits exports for the locality, SOFRI added. Under the guidance of SOFRI, 21 of the cooperative's dragon fruit orchids, which total nearly…... [read more]

The company has set a VND50 billion export revenue target for this year. Last year, it earned VND40 billion from furniture exports to its traditional markets, including Australia, the US and the EU.The company is located in the Hoa Binh Industrial Zone in the Central Highland province of Kon Tum.... [read more]

The Vietnamese game industry is expected to earn annual revenue of 1 billion USD within 10 years, according to experts. Experts said the Vietnamese game industry is expected to earn annual revenue of 1 billion USD within 10 years. Last year, Vietnamese game studios launched 150 games, which attracted 36 million players, earning turnover of 300 million USD. With this figure, Vietnam became the top game market in ASEAN, which is the sixth biggest market in Asia. Le Hong Minh, CEO of VNG Corporation was quoted as saying in Dau Tu (Investment Review) that he believed strongly that the domestic…... [read more]

Thoi Son Islet in Tien Giang (Photo: vanhoamientay.com) The province attracted some 142,000 foreigners in the period, up 5.8 percent over the same time last year, said Nguyen Tan Phong, Vice Director of the provincial Department of Culture, Sports and Tourism.Phong revealed that the province earned over 1.35 trillion VND from tourism, an increase of 19 percent year on year. An upturn was seen in the number of visitors to major tourists attractions of Tien Giang, including Thoi Son Isle tourist site My Tho city, Tan Thanh site in Go Cong Dong and Dong Thap Muoi ecological reserve.Phong said that…... [read more]

In 2015 Bao Viet Holdings’s consolidated revenue was VND20.8 trillion ($93 million), up 9.2 per cent on year. Net profit was VND1.17 trillion ($524 million), down 2.5 per cent on year. Total consolidated assets at December 31 was VND58.6 trillion ($2.62 billion), up 23.2 per cent, shareholders’ equity was VND13.2 trillion ($59 million), up 2.9 per cent compared to that at December 31, 2014.The parent company, meanwhile, earned net profit of VND1 trillion ($47 million), down 9 per cent. According to its leadership, Bao Viet is ready to take advantage of the Trans-Pacific Partnership and the ASEAN Economic Community. The company…... [read more]

The sector will also strive to obtain 10 percent growth in total export revenue via the city’s ports in 2018. Speaking at a December 29 meeting to review the department’s performance and set tasks for next year, Nguyen Tien Dung, head of the department’s finance bureau, said the industry and trade fields had outstanding growth rates this year with a 7.9 percent increase of growth rate in the IIP, 11.32 percent growth in the total retail sales of goods and services and 10.8 percent growth in export turnover.  Photo: toplist.vn  The industry and trade fields gained added value of over 355.6…... [read more]