Prime Minister Nguyen Xuan Phuc has given a nod to the Mekong Delta province of Bac Lieu to set up a high-tech agriculture zone aiming to make shrimp breeding a locomotive of the local agriculture.
Hanoi (VNA) – 🐟Prime Minister Nguyen Xuan Phuc has given a nod to the Mekong Delta province of Bac Lieu to set up a high-tech agriculture zone aiming to make shrimp breeding a locomotive of the local agriculture.
At a working session with the provincial leaders in Hanoi on September 20, the PM urged Bac Lieu to accelerate the disbursement of capital for infrastructure, encourage startups and heed human resources development.
Bac Lieu should roll out both short- and long-term solutions to cope with climate change, he said, requesting the Ministry of Natural Resources and Environment (MoNRE) to set forth comprehensive solutions to assist the Mekong Delta region and the province in particular in the combat.
To spur economic growth and generate jobs, it is necessary to speed up land clearance for processing and industrial projects, the leader noted, asking the ministry to reduce salt output, avoiding overcapacity of the sector.
The Ministry of Transport was required to coordinate with Bac Lieu in seeking capital for local road transport. Other ministries were also asked to help the province attract major projects promoting local economy.
Bac Lieu is one of the Mekong Delta localities most affected by climate change, which has prompted the province to make aquaculture an economic spearhead over years.
The province boasts the largest aquaculture area in the region with nearly 1,280 sq.km, equivalent to nearly half of its natural land. Its seafood export is expected to hit 3.2 billion USD this year.
Of note, the locality earns about 500 million USD each year from the shrimp farming. With an annual output of some 105,000 tonnes, Ca Mau has become the second largest shrimp producer nationwide with diverse breeding models.
The province’s economy grew by 5.09 percent in the first half of this year. Due to its dependence on agricultural production, the local economy has been seriously affected by the lingering drought and salt water intrusion which have damaged 1,300 hectares of rice and 14,000 hectares of shrimp.
The local rice sector is facing a galaxy of difficulties due to the fierce competition with Thai rivals. Climate change has also exerted serious impacts on local salt industry.-VNA
Solutions to the integrated management of water, energy and land resources to help the Mekong Delta adapt to climate change was the centre of discussion at a workshop in Can Tho city on June 13.
Bac Lieu province's administration has approved a plan to restructure the local fisheries sector, aiming to increase the average annual per capita income in the sector to 4,100 USD by 2020.
The Mekong Delta province of Bac Lieu earned 288 million USD from seafood exports in the first eight months of 2016, fulfilling 55 percent of its yearly target.
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.
The working session (Source: VNA)
