Vietnam: Delta needs to rethink its exports
06/12/2011 3
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MEKONG DELTA — Provinces in the Cuu Long (Mekong) Delta should adapt their export mechanisms to further increase turnover, said Deputy Director of Soc Trang Province's Department of Industry and Trade Nguyen Van Ngung.
At present, most regional exports consisted of uncompetitive raw-products, he said.
Local producers should focus on upgrading technology and improving design to meet international consumer demand and cut costs, he suggested.
In agreement, Director of the Hau Giang Department of Industry and Trade Nguyen Thanh Hung said that Cuu Long Delta provinces had benefited little from exports unstably focused on rice, fruit and seafood.
Exporters had been struggling to meet market demand, despite positive achievements, he added, saying that the value of 2011 exports had increased over the same period last year.
By the end of October, export turnover had reached more than US$6 billion, a year-on-year rise of 27.9 per cent.
The total value this year is estimated to hit $8.07 billion.
Source: VNS
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