Post date: 09/11/2007

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Trade development Plan of Quang Binh province to 2015 and its orientations to 2020

(Website Quang Binh) - In the progress of international economic integration, trade development is a essential need to promote development of production, contributing to shifting economic structure and labor, implementing well targets of socio-economic development.

In order to build a trade industry developing in direction to civilization and modernization, focusing on export and investment attraction of foreign and domestic enterprises, the Quang Binh Provincial People's Committee has recently approved the Decision No.2685/QD-UBND on master plan of trade development of Quang Binh to 2015, orientations to 2020.

Accordingly, its objective to the year 2010 is that trade GDP will achieve VND 842 billion, to 2015 VND 1,697 billion and to 2020 about VND 3,600 billion. Retail sales of general trade to 2010 will achieve VND 6,919 billion, to 2015 VND 17,578 billion and to 2020 about VND 43,739 billion with average increase of 20.5% per year in the period of 2011-2015 and 20% per year in the period of 2016-2020. Export turnover to 2010 will achieve US$58 million, to 2015 US$106 million and to 2020 US$170 million. In the 2006-2020 period, focusing on building a trade center and four supermarkets according to regulations of the Ministry of Trade; building a large-sized department store to serve for the people's needs; developing the border gate trade zone; building systems of border market to create favorable condition for Viet-Laos people to exchange commodities; paying much attention to developing trade private enterprises, limited liability companies in both scale and scope of business in order to become a key factor in trade activity.

Solution for development is to strengthen joint-venture and association between local market with foreign and domestic market in order to create favorable condition to stabilize market, improve competitive ability of commodity, contributing to repairing lack of capital, lack of information, support of young marketing ability of the provincial enterprises. To focus on trade investment promotion and enhance the quality of information to update timely changes of market; encourage and attract administrators and businessman in and out the country to improve the ability of direction and management of enterprise; create favorable condition for enterprises in establishing and making loan for business; push up administrative reform in trade, create a stable business environment for enterprises. To check trade activity management documents to modify and supplement; strengthen inspection and control of trade activities to timely discover shortcomings and find solutions to solve for enterprises; supplement and improve the master plan of development of trade infrastructure, meeting the need for trade development in the coming time, contributing to the development of Quang Binh economy.

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