Quang Ninh (VNA) – Co To island district in the northeast of QuangNinh province is working to ensure sustainable aquaculture development.
According to Vice Chairman of the Co To People’ Committee Dao Van Vu, anaquaculture master plan is necessary to capitalise on the locality’s potential,develop the economy and protect the country’s sea and island sovereignty.
The district plans to focus on mordernising the local seafood sector towardshigh-quality products for export and tourism. Aquaculture exploitation will be plannedin line with local planning and fish breeding. Meanwhile, the district willwork to develop value chains and protect the eco-system.
Vu said Co To will maintain its total annual seafood output at 8,000-10,000tonnes until 2020, and strive to increase added value for seafood products by160-170 billion VND (6.88-7.31 million USD) in the next two years. Also, ittargets 12-13 percent in annual growth of the local seafood sector.
The district has asked Quang Ninh province and relevant ministries and branchesto prioritise capital to develop technical infrastructure on the island to luremore investors. Currently, incentives such as land and water surface rent exemptionsare being given to businesses that invest in processing zones, coastal economiczones and border economic zones.
As part of the efforts to develop the local seafood sector, the provincialDepartment of Science and Technology joined hands with the district People’sCommittee to develop “Co To squid” brand name in 2012 with an investment of 3billion VND (129,000 USD). With the support of the project, many families haveapplied advanced technologies in their seafood harvest and processing to ensurefood hygiene.
Modern equipment has also helped local fishermen earn more money from jellyfishprocessing.
Vu attributed the initial achievements of the island in moderninsing localaquaculture to a Government decree on policies to branch out the seafood sector.-VNA
Located 80 kilometres from the mainland, Quang Ninh province’s Co To island, a rough pearl in the Gulf of Tonkin with turquoise sea and tranquil beaches, has grown in popularity among domestic and international visitors.
Co To island in the northern province of Quang Ninh has attracted many visitors due to its untouched beauty and perfect conditions for sea and island tourism.
Co To island district authorities on June 21 advised tourists not to visit Co To island during power disruption time to reduce electricity and water supply pressure in the island.
Van Chay beach on the Co To resort island has been verified as meeting the requirements for a tourist beach, according to Tran Nhu Long, Chairman of the island district’s People’s Committee in the northern province of Quang Ninh.
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
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.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
A corner of Co To island (Photo: VNA) 
