Tuyen Quang: Exporting Goods – An Economic Bright Spot
In recent years, exporting goods has affirmed its important position in the economic landscape of Tuyen Quang province. With impressive growth rates, import and export activities have become one of the prominent highlights. In 2024, despite facing many challenges, export activities continue to maintain positive growth momentum.
Encouraging Export Growth
According to the Tuyen Quang Department of Industry and Trade, the export turnover in 2024 is estimated to reach 170 million USD, achieving 100% of the plan. Items such as tea, plywood, PP tarpaulin, and headphones have high export values. The tea group continues to lead in export turnover, opening up many new opportunities for businesses.
The Song Lo Tea Joint Stock Company is one of the standout units. In 2024, the company exported over 4,700 tons of green and black tea, with an export value of nearly 8 million USD. Mr. Ngo Duc Tu, the company’s director, stated that they have maintained traditional customers while seeking new markets. Countries like India, Pakistan, and European nations are potential markets.
Expanding Export Markets
Tuyen Quang tea is not only present in the Middle Eastern market but has also expanded into Europe, North America, and Asia. This demonstrates the strong development of domestic tea products. Businesses are striving to improve product quality to meet the increasing demands of international markets.
Woodsland Tuyen Quang Joint Stock Company also reported a revenue of 1.6 trillion VND, a 23% increase compared to 2023. The company has orders secured until the end of 2025. However, they also face strict import regulations from the EU. The requirement to reduce CO2 emissions poses significant challenges, prompting the company to adjust production to adapt to these changes.
Facing Challenges
Despite achieving positive results, Tuyen Quang’s export turnover remains modest. The province aims to reach an export target of 175 million USD by 2025. To achieve this goal, businesses need to diversify their markets and enhance product quality.
Ms. Cao Cam Tu, Deputy Director of Sao Viet Tuyen Quang Co., Ltd., mentioned that the company has invested in modern production lines. The plywood factory was built with a total investment of over 100 billion VND, which helps increase productivity and reduce production costs.
Efforts from Businesses
Many businesses are striving to seize every opportunity to enhance export results. The Tuyen Quang Mechanical Joint Stock Company has resumed production by diversifying its market, with revenue increasing by 20% compared to 2023.
Previously, the company primarily exported to China; however, they have now sought to collaborate with other units to export to major markets like the U.S. and Europe.
New Projects in Tuyen Quang
The Erex Sakura Biomass Fuel Plant project is currently under construction. The plant covers an area of 3.3 hectares in the Long Binh An Industrial Park and has a designed capacity of 150,000 tons of biomass pellets per year. Mr. Honna Hitoshi, Chairman and CEO of Erex Joint Stock Company, stated that the pellet product will be widely used.
This product can serve various fields, including as fuel for thermal power plants. The project aims to lead the green production trend, applying a circular economy model to meet the market’s green needs.
Support from the Government
The Tuyen Quang Department of Industry and Trade has stated that it will continue to support businesses by reviewing their difficulties and proposing timely solutions. New policies will be communicated to businesses to help them seize opportunities effectively.
Additionally, the Department will enhance trade promotion activities and focus on building and promoting brands for key products, helping to maintain and develop traditional export items.
Exporting goods in Tuyen Quang is becoming a bright spot in the economic landscape. Despite many challenges, with efforts from businesses and support from the government, Tuyen Quang can achieve higher export goals in the future. This will not only benefit businesses but also contribute to the overall economic development of the province.
Future Prospects
Tuyen Quang province is looking towards a bright future. Businesses are making continuous efforts to improve product quality and expand markets, which will help the province develop sustainably.
Local authorities are also actively supporting businesses by creating favorable conditions. New policies will be implemented to promote exports, positioning Tuyen Quang as a potential export center in the region.
Market Connectivity
Connecting markets is very important. Businesses need to seek new opportunities and participate in trade fairs to enhance competitiveness.
Tuyen Quang products need to be widely promoted, and building a brand is essential to reach more customers. Exporting goods will continue to grow strongly.
Strategic Orientation
Strategic orientation for export development is crucial. Businesses need specific plans and market research to make informed decisions.
The Department of Industry and Trade will also support this by providing information and consulting for businesses, helping them feel more confident in exporting.
In Conclusion
Tuyen Quang is making significant strides in exports. Businesses are tirelessly working to enhance the value of their goods. Tuyen Quang promises to be an attractive destination for investors, and exporting goods will be a driving force for local economic development.
5 Lý Do Nên Chọn Dịch Vụ Hỏa Tốc Bánh Tráng Biên Hòa – Hà Nội
5 Lý Do Nên Chọn Dịch Vụ Hỏa Tốc Sầu Riêng Từ Biên Hòa Đi Hà Nội
