Soc Trang enjoys high increases in industrial production, exports

19-Sep-2020 Intellasia | VNA | 6:02 AM Print This Post

The Mekong Delta province of Soc Trang has posted high increases in industrial production and export value despite the impacts of unfavourable weather conditions such as droughts and saline intrusion along with the COVID-19 pandemic.

Total industrial production value in the first nine months of this year was estimated at 27.5 trillion VND (1.19 billion USD), up 13.17 percent year-on-year.

Products with high growth included rice processing (30 percent), water supply and waste treatment (nearly 26 percent) and frozen shrimp (20.9 percent).

The province earned 710 million USD from exports in the period, a rise of 11.7 percent from the same period last year.

Meanwhile, total retail and services revenue picked up 3.2 percent year-on-year to 62.8 trillion VND.

The provincial Party Committee attributed the growth to measures undertaken by the province to improve the investment and business environment and enhancing local competitiveness.

In the remaining months of the year, Soc Trang will push ahead with efforts to remove existing obstacles for production and business, towards realising the goal of 40 trillion VND of industrial production value and 920 million USD in export earnings./.

https://en.vietnamplus.vn/soc-trang-enjoys-high-increases-in-industrial-production-exports/183190.vnp

 


Category: Economy, Vietnam

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