Ha Tinh province’s exports on sharp rise

VOV.VN - The central province of Ha Tinh generated US$17.24 million from exports in October, bringing the total export revenue in 10 months to US$194.36 million, up 97.3% against the same period last year and reaching 70% of this year’s plan, said a provincial official.

Hoang Van Quang, director of Ha Tinh Department of Industry and Trade said on October 31 that Hung Nghiep Formosa Ha Tinh Steel Company has exported ten thousand tons of hot metal and steel ingots since June 2017. Its export revenue has hit US$103.7 million so far this year, making up 57.3% of Ha Tinh’s total export value.

Other traditional products all obtained quite high export growth. They include tea (up 27.94% to US$2.61 million), seafood (up 24.28% to US$2.17 million), fibres (up 22.8% to 7.48 million) and garment (up 91% to US$2.19 million). Most of products from Ha Tinh were exported to Southeast Asian countries (steel), China (fibres), the Middle East (tea), and Japan (seafood and garment).

Among key export products, wood chips dropped 6% to just US$32.07 million. The fall in exports of wood chips can be attributed to Chinese businesses which stopped importing as previously, the export product was totally depended on the Chinese market. However, exports of agricultural products are on an upward trajectory.
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