An Giang spends big on restructuring agricultural sector
The Mekong Delta province of An Giang will spend over 2.3 trillion VND (105 million USD) from now to 2020 to implement a project to restructure the agricultural sector.
Rice production in An Giang. The Mekong Delta province is taking actions to restructure its agricultural sector. (Source: VNA)
The Mekong Delta province of An Giang will spend over 2.3 trillion VND (105 million USD) from now to 2020 to implement a project to restructure the agricultural sector.
The project aims to maintain a yearly growth rate of 3.35 percent for the sector from 2015-2020, increasing effectiveness and competitiveness via productivity, quality, efficiency and added value to better meet the demands and tastes of consumers and for export.
The first phase of the project will be implemented from now to 2017 with a cost of more than 1 trillion VND (45 million USD) and the second from 2018 to 2020 with 1.3 trillion VND (60 million USD).
The restructuring will focus on increasing the proportions of the fishery and livestock sectors and reducing the portion of farming. The forestry sector is intended to be kept stable.
It also aims to develop the service sector in rural areas and increase incomes and living standards for rural residents, contributing to stabilising the political system, ensuring national food security and fulfilling poverty alleviation goals.
Under the project, the province 🌠will zone off 22,000 ha of land for rice variety production in an effort to become the largest provider of rice varieties in the Mekong Delta region and the country.-VNA
The Mekong Delta province of Soc Trang is focusing on intensifying livestock raising, particularly dairy cows, to help locals, especially ethnic minorities, rise out of poverty.
The breeding of shrimp and other aquatic species in submerged forests in the Mekong Delta province of Tra Vinh has helped farmers earn stable revenue and localities to restore coastal forests.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Rice production in An Giang. The Mekong Delta province is taking actions to restructure its agricultural sector. (Source: VNA)
