Home China Flash World Sports    Photos         Xinhua
        Datebase
Economic
Information
Xinhua News
Service
|  Chinese(GB)  |  Chinese(Big5)  |  Spanish  |  French  |  Japanese  |  Portuguese  |  Russian  |  Arabic  |
HomePage
Favorites
About us

Related Stories
Related Special Report

ˇˇPrint
ˇˇE-mail this news to Friends

ˇˇ


ˇˇ
Vietnam Takes Measures to Boost Industrial Exports

Xinhuanet 2002-03-27 19:45:56

ˇˇˇˇHANOI, March 27 (Xinhuanet) -- Vietnam is currently implementing anumber of measures to boost industrial exports, aiming to reach the target of 11.6 billion U.S. dollars in industrial export earnings this year, according to a report of local daily Vietnam News on Wednesday.

ˇˇˇˇThe main focus of the campaign is to increase technical investments to lower production costs and promote local products in foreign markets.

ˇˇˇˇLocal authorities have also proposed providing incentives to encourage exports, including providing low cost local materials and preferential loans.

ˇˇˇˇBy early March this year, the country's industrial exports had reached 2.2 billion U.S. dollars, an increase of 17.6 percent fromthe same period last year. Textile and footwear accounted for 30 percent of the figure, while coal exports were up 68 percent and dairy products increased 43 percent.

ˇˇˇˇA number of sectors that have been identified as having potential to boost the country's exports include textile, footwear,coal, electronics, tobacco, plastics, glassware, and processed foods industries.

ˇˇˇˇThese industries have been urged to improve product quality, diversify output and provide better packaging to raise the competitive edge of Vietnamese products.

ˇˇˇˇThe Vietnamese Industry Ministry is also investing in the promotion of local products in potentially lucrative markets, including the United States, Russia and the United Arab Emirates. Enditem

ˇˇˇˇ

ˇˇ
ˇˇ ˇˇ ˇˇ
ˇˇ
Copyright © 2000 Xinhua News Agency. All rights reserved.
Reproduction in whole or in part without permission is prohibited.