(HBO) - The COVID-19 pandemic has affected all social aspects. In the first half of 2020, some key industrial products declined compared to the same period last year. In the first quarter, export activities were affected by material supplies, while facing with difficulties in the second quarter due to strict travel restrictions imposed by European countries, the US, and the Association of Southeast Asian Nations (ASEAN).

Sungilvina joint Stock Company in Dong Lai commune (Tan Lac district) boosts production and creates jobs for hundreds of locals.

In January-June, the local export turnover was estimated at 371.9 million USD, a year-on-year decline of 4.95 percent, fulfilling 36.2 percent of the yearly target. The import turnover reached 351.73 million USD, a yearly increase of 0.96 percent, completing 34.48 percent of the annual goal.

Relevant authorities are accompanying businesses to remove their difficulties. The provincial Department of Customs supports export firms to complete clearance procedures, reduce production costs, and realise their business production plans for 2020.

Director of the provincial Department of Industry and Trade Pham Tien Dung said implementing the Government’s directions, the Ministry of Industry and Trade is carrying out a number of measures to remove difficulties for businesses.

In 2020, the local export value is expected to hit 1 billion USD.

The province will focus on stepping up administrative reform and facilitating export activities, as well as implementing solutions, mechanisms and policies to develop support industry, promoting land clearance for investment attraction, expanding production and implementing international integration commitments./.

 


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