Soc Trang and Canada have shared a fruitful partnership over the past 22 years, with the Canadian Government’s provision of over 22 million CAD (17 million USD) to the Mekong Delta province for various projects that have contributed to the local socio-economic development, heard a ceremony in Soc Trang on June 14.
Canadian Ambassador to Vietnam Shawn Steil addresses the event (Photo: VNA)
Soc Trang (VNA) - Soc Trang and Canada have shared a fruitful partnership over the past 22 years, with the Canadian Government’s provision of over 22 million CAD (17 million USD) to the Mekong Delta province for various projects that have contributed to the local socio-economic development, heard a ceremony in Soc Trang on June 14.
Addressing the event, Canadian Ambassador to Vietnam Shawn Steil underlined that Soc Trang is a trustworthy partner of Canada during the realisation of the country’s commitments to promote prosperity and growth as well as support the poorest and most vulnerable people, especially women and girls.
Soc Trang is one of the first localities in Vietnam to receive assistance from Canada, he said, noting that Canadian-funded projects have helped the province develop effective collective economic models, including the Evergrowth new-style cooperative that has generated stable incomes for nearly 2,000 dairy breeders, along with a number of projects to develop infrastructure and improve the quality of crops and livestock.
On the occasion, the two sides reviewed a project to develop small and medium-sized enterprises (SMEs), which was implemented in 11 districts and towns across Soc Trang from June 2011 to December 2021 at a total cost of 10.2 million CAD, including 9.2 million CAD funded by the Canadian Government.
ꦜ Vice Chairman of the provincial People’s Committee Lam Hoang Nghiep said that along with supporting the development of business and production, the project has helped foster connection between smallholder farmers, businesses and the market, form a sustainable supply chain, and harmonize the interests of producers and other actors in the chain. The success of ST rice value chain is an example, he stressed.
At the ceremony, collectives and individuals who have made contributions to the success of the projects were honoured./.
The Vietnam-Canada Investment Forum was held online on April 7 (Canada time), offering a good opportunity for the Southeast Asian nation to promote and attract investment, and to intensify the supply chain between the two sides at a time when both economies are showing signs of good recovery.
Foreign Minister Bui Thanh Son and his Canadian counterpart Mélanie Joly discussed measures to further deepen the Vietnam-Canada partnership during talks in Hanoi on April 13.
The Vietnam Red Cross Society (VRCS) and its Canadian counterpart have agreed to support each other in humanitarian activities and look towards a long-term cooperation agreement in the time ahead.
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.
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.