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Can Tho aims for trade surplus

Update: March, 09/2012 - 10:36

CAN THO — Can Tho has set itself a target of achieving US$1.5 billion in exports and a surplus of $1 billion this year.

The city's trade surplus was around $900 million last year, with agricultural and aquatic produce making up most of the exports.

Despite the tough global economic situation, its exports topped $1.3 billion, a jump of 24.2 per cent over 2010, with rice accounting for $416 million and aquatic produce for $506 million.

But with 2012 expected to be a more difficult year because of the slow recovery of the global economy and public debt crisis, Le Van Hung, a deputy director of the department, said exporters had to further explore markets and improve quality.-VNS

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