Nghe An: Textile and garment lead in export turnover

(Baonghean) - Nghe An currently has 118 enterprises participating in exporting products and goods to 65 countries/regions in the world. The growth of the export sector not only contributes to the completion of the set goals but also creates the foundation and premise for the province to make a breakthrough in export turnover growth in the following years.

Business efforts

Minh Anh - Kim Lien Garment Company, one of the units with high turnover in textile and garment export, in recent years the enterprise has continuously strived to increase export turnover year by year. In 2015, the total export value was nearly 15.5 million USD. In the first 8 months of 2016, the total export value reached more than 20.6 million USD.

Export yarn processing line of Hoang Thi Loan Textile Joint Stock Company.

Mr. Nguyen Dinh Vinh - Deputy Director of the company shared: "The company's products are mainly exported to the US market (90%), and the EU and Korean markets (10%). To sign direct export orders with US companies, we must meet the conditions on production scale, product quality, and compliance with the laws and labor laws of Vietnam.

The US market requires large output, good quality, clean products, so we regularly hire experts to provide systematic training to improve the skills of our sewing workers to meet export requirements. In particular, US partners are very interested in the social security regime for workers. Currently, the company's orders are increasing but the unit still cannot meet the market's demand. We really want to expand the production scale but the land fund is difficult. Currently, the company has a total factory area of ​​17,000m2, it is expected to expand by 1/3 of the area to meet the current market demand."

Similarly, Hoang Thi Loan Textile Joint Stock Company also had a good growth in turnover in the first 8 months of the year. Mr. Tran Ngoc Thai - Import-Export Business Department said: In 8 months of 2016, the company's export turnover reached nearly 14 million USD, equal to 124.2% compared to the same period last year. The company's yarn products are mainly exported to the Egyptian and Chinese markets. In addition, there are some other markets such as Korea, Taiwan, Thailand, Malaysia...

From now until the end of the year, the unit continues to strive to achieve a turnover of 21.5 - 22 million USD. Currently, the company is implementing investment projects in 2016 according to plan to improve quality, increase yarn output to better compete in the market, and at the same time meet more orders for partners. In addition to existing markets, the company is expanding to find some other markets such as Türkiye and the US.

Enterprises in the province have exported over 24 products/groups of products to markets of 65 countries/regions in the world, of which the largest market is China with a turnover of 108.45 million USD, accounting for 38.3% of the total export turnover of goods. Some other typical markets such as Korea reached 64.6 million USD, accounting for 22.8%; Laos reached 21.58 million USD, accounting for 7.6%; India reached 15.9 million USD, accounting for 5.6%,...

Diversified export products

In the first 8 months of 2016, the total export turnover in the province is estimated at 509.3 million USD, of which the export turnover of goods is 332.87 million USD, an increase of 20% compared to the same period in 2015. Textiles and garments have risen to the top in export turnover with 93.86 million USD, an increase of about 80% compared to the same period last year. This item has the export participation of 8 enterprises. Of which, Prex Vinh Company Limited achieved the largest export turnover, more than 29.7 million USD. Goods are exported to many markets including Korea, China, Japan, USA, Germany,...

Next is wood chips, in the first 7 months of the year, 431,997 tons were exported, earning 66.85 million USD, up 15.8% in volume and 40% in value compared to the same period in 2015.

Production of ready-made garments for export at Minh Anh - Kim Lien Garment Company.

In addition, BSE Vietnam Electronics Co., Ltd. has been exporting phone components strongly in recent years. The turnover of electronic components in the first 7 months of the year reached 17.24 million USD, up 7.6% over the same period last year. This item is mainly exported to the Korean market.

Ms. Vo Thi An - Deputy Director of the Department of Industry and Trade said: From the reality of export activities in the province in recent times, it shows that enterprises are increasingly dynamic and creative in planning business and investment strategies. Initially, they have taken advantage of the comparative advantages of the locality, focusing on building and promoting the brand.

Along with that, Nghe An considers export activities as a driving force to boost production and economic growth. Priority investment programs for export development, including programs for developing aquatic and seafood exports, programs for developing industry and handicrafts, agricultural exports; developing on-site exports, etc., are all being implemented with attention.

Quynh Lan