Can Tho is eager to speed up its trade relationship with Germany through cooperative promotion programmes with mutual benefits.
The announcement was heard at a working session between Vice Chairman of the Mekong Deltacity’s People’s Committee Truong Quang Hoang Nam with a delegation from the Ministry of Foreign Affairs, and representatives from the Delegate of German Industry and Commerce (DGIC) in Vietnam in the city on October 1.
Nam said the city’s total export turnover in the first eight months of this year accounted for 4.3 million USD with major products including rice, frozen shrimp, ‘tra’ fish filet and canned farm products.
Besides traditional products, the city yearns to introduce new products such as fresh fruit and high-quality apparel to the European country, he added.
Head of the DGIC Marko Walde highlighted that Germany shipped 1.5 million USD worth of goods to the southern city in the first eight months of the year. German enterprises are eyeing more information regarding the Can Tho market to develop factories in rice production, processing, trading and export, sewage treatment and engineering construction.
For his part, Deputy Foreign Minister Bui Thanh Son pledged to act as a bridge to link enterprises from the two sides through trade promotion programmes and international fairs. He also vowed to provide news on markets and taxation of the host country for enterprises of both sides to prevent unnecessary economic losses caused by a lack of information.-VNA
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An amount of over 380 million USD will be splashed out on a project to upgrade facilities in the core area of Can Tho in a bid to enhance the Mekong Delta city’s adaptation capacity to climate change.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
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Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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A view of Can Tho city (Photo:VNA)
