Bac Giang sets to earn $2.61 billion from exports

The value is expected to include $1.05 billion contributed by the garment and textile sector, $722 million from electronics products, $660 million from computers and components, $85 million from plastic products, and $56 million from vegetables, seafood and agro-products.

Director of the provincial Department of Trade and Industry Tran Van Loc said the province will implement many measures to achieve that ambitious target, including streamlining administrative procedures or reducing the time of customs clearance and the granting of licences.

 Besides attracting more investments to the industrial parks, depositories, depots, inland ports and logistics centres will be built to facilitate export and import activities, Loc said.

The province plans to seek new markets in Africa and the Middle East while maintaining its foothold in the traditional export markets like ASEAN, Japan, China, the Republic of Korea, Taiwan, the European Union, and North America.

Enterprises will get support to take part in trade fairs as well as getting bank loans, provincial authorities stated.

According to the department, the province’s export revenue in January is estimated to reach $182.9 million, up 20.6% against the same period in 2014. –VNA