Can Tho (VNA) – President Truong Tan Sang has stated that the agricul🏅ture-reliant Mekong Delta will grow further on the back of more capita﷽l inflows.
During a working session with the Steering Committee for the Southwestern Region in the Mekong Delta city of Can Tho on December 2, the President asked the committee to weigh opportunities and challenges ahead when Vietnam joins a number of free trade agreements in order to make appropriate preparations for integration.
He urged localities in the region to spread effective farming models to lift farmers out of middle-income trap.
About infrastructure against climate change, he requested mechanisms to mobilise foreign resources and the use of advanced construction techniques to ensure effective long-term investment.
The President also called for developing transport routes connecting Ho Chi Minh City with the southwestern region to facilitate the trade of goods and farm produce.
According to the committee, the region has harvested 3.1 milllion tonnes or rice and 3.3 million tonnes of aquatic products since early this year.
It has raked in 10.9 billion USD from exports, contributed 71 trillion VND (3.22 billion USD) to the State budget and recognised 236 out of 260 communes as new-style rural areas./.
As many as 906 foreign-invested projects worth 11.9 billion USD have been operational in the Mekong Delta region so far, according to the Steering Committee for the Southwestern Region.
The Steering Committee for the Southwestern Region aims to see an economic growth rate of 9.4 percent and an export value of 13.6 billion USD in the region in 2015, up from 8.98 percent and 12.3 billion USD, respectively, in 2014.
The Mekong Delta region has set to rake in 11.9 billion USD from exports in 2015, said Nguyen Phong Quang, Deputy Head of the National Steering Committee for the Southwestern Region.
As many as 323,200 households in the Mekong Delta got rid of poverty in 2014, exceeding the set target by 3.4 percent, according to the Steering Committee for the Southwestern Region (SCSR).
The Mekong Delta region aims to bring the rate of poor households to 4.5 percent in 2015, or down by 1.2-1.3 percent year-on-year, according to the Steering Committee for the Southwestern Region.
The Mekong Delta provinces earned 229 million USD from export of 516,000 tonnes of rice in January, up 3.2 percent over the same period last year, according to the Steering Committee for the Southwestern Region.
The Mekong Delta will house two second-class logistics centres by 2030, spanning a total area of 100 hectares to serve regional localities like Can Tho, Hau Giang, Kien Giang and Soc Trang.
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.
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.
At the working session (Source: VNA)
