Binh Dinh targets 4.5 bln USD in exports in five years
The central province of Binh Dinh aims to earn more than 4.5 billion USD in export revenue between 2016 and 2020, according to Chairman of the provincial People’s Committee Phan Cao Thang.
Workers dry fish at a fish processing facility in My An commune of Phu My district, Binh Dinh province (Photo: VNA)
Binh Dinh (VNA) – The central province of Binh Dinhaims to earn more than 4.5 billion USD in export revenue between 2016 and 2020,according to Chairman of the provincial People’s Committee Phan Cao Thang.
He said Binh Dinh, part of the central keyeconomic region, hopes to export 611 million USD worth of agriculturalproducts, nearly 2.08 billion USD worth of forestry products, and 466 millionUSD worth of aquatic products in the five years.
While mineral and construction material exportsare expected to bring home at least 254 million USD, the province looks to gainover 1.1 billion USD from the shipment of processed and consumption products.
To that end, Binh Dinh is working to boost theproduction of goods with high added value and gradually reduce the export ofraw materials, he said, adding that it will encourage technology transfer toincrease the application of modern production lines, thus raising productivityand product quality.
More efforts will be spent on seeking newmarkets for such minerals as titanium and granite, promoting investment inanimal feed, steel and plastic pipe manufacturing, and facilitating logisticsservices serving export activities.
Administrative reforms, support policies forexport, human resources training, and assistance to improve local producers’competitiveness will be stepped up. Meanwhile, activities to promote trade,investment and tourism will also be enhanced, the official added.
In 2016, Binh Dinh raked in 730.5 million USDfrom overseas shipments, a year-on-year increase of 4 percent. The figurereached 179.1 million USD in the first quarter of 2017, up 7.2 percent from ayear earlier.-VNA
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Workers dry fish at a fish processing facility in My An commune of Phu My district, Binh Dinh province (Photo: VNA) 
