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