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Phu Tho province looks to boost exports

The northern province of Phu Tho has outlined plans to bolster exports in 2018 by focusing on trade promotion and building trademarks for local staples, said Director of the provincial Department of Industry and Trade Nguyen Manh Hung.
Phu Tho province looks to boost exports ảnh 1The northern province of Phu Tho has outlined plans to bolster exports in 2018 by focusing on trade promotion and building trademarks for local staples. (Photo: VTV)

Phu Tho (VNA)
– The northern province of Phu Tho has outlined plansto bolster exports in 2018 by focusing on trade promotion and buildingtrademarks for local staples, said Director of the provincial Department ofIndustry and Trade Nguyen Manh Hung.

The department will mobilise local enterprises to renovate their productionlines to improve competitive capacity, he said.

Significant efforts will be channeled into reform of administrative procedures and the implementationof guidelines of ministries, sectors and the province to remove bottlenecks forbusiness and production.

The province targets to earn 1.3 billion USD in export revenue in 2018.

Last year, Phu Tho’s export value rose 36.8 percent year on year to 1.3 billionUSD. This was the second time that the province’s export revenue surpassing 1billion USD. Of the total amount, 1.1 billion USD was contributed byforeign-invested companies.

Strong growth was seen in the shipments of garment and textiles, sport shoes,plastic and processed tea.

The US, the EU, ASEAN, Japan and the Republic of Korea remained Phu Tho’s keyexport markets.

Local enterprises worked to seek trade partners, popularise products whieexpanding production and improve product quality.-VNA
VNA

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