Soc Trang enjoys high increases in industrial production, exports
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.
SocTrang (VNA) – The Mekong Delta province of Soc Trang has postedhigh increases in industrial production and export value despite the impacts ofunfavourable weather conditions such as droughts and saline intrusion alongwith the COVID-19 pandemic.
Totalindustrial production value in the first nine months of this year was estimatedat 27.5 trillion VND (1.19 billion USD), up 13.17 percent year on year.
Productswith high growth included rice processing (30 percent), water supply and wastetreatment (nearly 26 percent) and frozen shrimp (20.9 percent).
Theprovince earned 710 million USD from exports in the period, a rise of 11.7percent from the same period last year.
Meanwhile,total retail and services revenue picked up 3.2 percent year on year to 62.8trillion VND.
Theprovincial Party Committee attributed the growth to measures undertaken by theprovince to improve the investment and business environment and enhancing localcompetitiveness.
Inthe remaining months of the year, Soc Trang will push ahead with efforts toremove existing obstacles for production and business, towards realizing thegoal of 40 trillion VND of industrial production value and 920 million USD inexport earnings./.
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