Khanh Hoa Province:

Efforts to increase trade and export

In the period of 2020 - 2025, Khanh Hoa Province has achieved many important results in trade and import-export development, creating a foundation to strive to complete the growth target in the period of 2026 - 2030.

According to the provincial Department of Industry and Trade, the province currently has 12 commercial centers, 17 supermarkets, 229 markets, 334 gas stations and hundreds of convenience stores. The province's attention to developing a system of supermarkets and modern commercial centers in parallel with investing in upgrading traditional markets helps people have more consumption choices, both meeting trends and preserving and promoting local commercial characteristics.

At Lotte Mart, Tay Nha Trang ward

Tran Quoc Sanh - Deputy Director of the Department of Industry and Trade said: It is expected that by the end of 2025, the total retail sales of goods and consumer service revenue in the province will reach nearly 195,481 billion VND; the average growth rate in the period 2020 - 2025 will reach 19%/year. This result is thanks to the strong development of the distribution network, from traditional markets to supermarkets, shopping malls and convenience stores; increased purchasing power of people; stable development of the domestic market as an important support, creating momentum for production and services. Regarding export activities, it is expected that by the end of 2025, the export turnover of goods will reach 2.35 billion USD (the target is 2 billion USD). Seafood, bird's nests, garments, and construction materials continue to be the province's main export products.

At GO! supermarket, Phan Rang ward

The province's trade and export activities are affirming their role as a driving force in local socio-economic development, logistics is oriented as a key industry... All are converging, creating momentum for Khanh Hoa to confidently enter a new phase. Nguyen Duc Thuan - Director of Canh Dong Viet Food Joint Stock Company (Bao An Ward), said: "In the export of aloe vera, the company has been supported by the province, creating all favorable conditions to be granted a certificate of origin of goods. This is an important procedure, proving that the product is made in Vietnam; therefore, when the product is exported to European, Japanese and Korean markets, it will enjoy preferential tariffs; in addition, it also helps businesses shorten the time to carry out administrative procedures, reduce costs, and expand export contracts. In the future, if the logistics infrastructure is invested synchronously and modernly, transportation costs will be significantly reduced, thereby improving competitiveness in the international market and profits".

In the period of 2026 - 2030, Khanh Hoa sets a target of total retail sales of goods and consumer service revenue to grow by an average of 17.5% per year. To achieve this goal, the Industry and Trade sector focuses on synchronously developing trade infrastructure; upgrading the network of wholesale markets, warehouses, logistics centers; attracting investment in modern trade projects associated with tourism in Nha Trang, Cam Ranh, Van Ninh... In addition, the province will focus on attracting investment in key projects such as Ca Na, Ninh Chu, and Nam Cam Ranh Logistics Centers; Dam Mon Trade and Finance Center and large-scale petrol and oil depots; at the same time, encouraging businesses to invest in deep processing, increasing the added value of export products, developing e-commerce, promoting digital transformation in trade activities... "Developing logistics services is an inevitable direction. The province is making efforts to form logistics centers capable of connecting the South Central Coast - Central Highlands region and internationally, making Khanh Hoa a trade and service center of the whole country" - Tran Quoc Sanh emphasized.

HONG NGUYET

Translated by T.T