Kien Giang’s industrial production value rises over 7 percent in five months
The industrial production value of the Mekong Delta province of Kien Giang reached over 20.4 trillion VND in the last five months, up 7.4 percent from the same period last year.
Kien Giang (VNA) – The industrialproduction value of the Mekong Delta province of Kien Giang reached over 20.4 trillionVND in the last five months, up 7.4 percent from the same period last year.
According to the provincial Department of Industry and Trade, sectors seeing stable growth in are beer, shoes and leather, ready-to-wear clothes, frozen shrimp, canned fish, cement, commercial electricity, and unburnt bricks.
Notably, theprovince's export turnover in January-May totalled about 317 million USD, up nearly 16 percent year-on-year. It has helpedrevitalise other industries of the locality.
In the reviewed period, 625 new businesses were established, up 28percent compared to the same period last year.
The department said that the complicateddevelopments of the COVID-19 pandemic has adversely affected productionand business activities of local enterprises.
It has taken a series of comprehensivesolutions to complete the dual goal of COVID-19 containment and economicdevelopment, especially in industrial parks.
Many businesses have had appropriate businesssolutions to adapt to the pandemic situation and promptly implement supplycontracts, it noted.
The local industry and trade sector has kept close watch on thedevelopments of the pandemic, thus outlining measures to remove difficulties facinglocal businesses and guiding them to build scenarios to respond to the pandemic.
The local authorities have paid attention to promoting administrative reform tofacilitate investors’ operation, while accelerating the construction of essential infrastructurefacilities in industrial parks and cluster in order to call for more investmentinto the province./.
The Mekong Delta province of Kien Giang has called on local travel companies to actively implement promotional programmes and plans to lure tourists now that COVID-19 has been largely brought under control.
The Mekong Delta province of Kien Giang has been investing in recovering local mangrove forests, improving the livelihoods of coastal residents, combating coastal erosion, and protecting the environment.
Export turnover posted by the Mekong Delta province of Kien Giang for the first five months of this year hit 317 million USD, equal to 42 percent of the annual target and up nearly 16 percent year-on-year.
The Mekong Delta province of Kien Giang has planned a host of practical activities to be launched during June – the month of actions for children under the theme of children’s right protection amid pandemic and disasters.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
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
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.