Can Tho is eager to speed up its trade relationship with Germany through cooperative promotion programmes with mutual benefits.
The announcement was heard at a working session between Vice Chairman of the Mekong Deltacity’s People’s Committee Truong Quang Hoang Nam with a delegation from the Ministry of Foreign Affairs, and representatives from the Delegate of German Industry and Commerce (DGIC) in Vietnam in the city on October 1.
Nam said the city’s total export turnover in the first eight months of this year accounted for 4.3 million USD with major products including rice, frozen shrimp, ‘tra’ fish filet and canned farm products.
Besides traditional products, the city yearns to introduce new products such as fresh fruit and high-quality apparel to the European country, he added.
Head of the DGIC Marko Walde highlighted that Germany shipped 1.5 million USD worth of goods to the southern city in the first eight months of the year. German enterprises are eyeing more information regarding the Can Tho market to develop factories in rice production, processing, trading and export, sewage treatment and engineering construction.
For his part, Deputy Foreign Minister Bui Thanh Son pledged to act as a bridge to link enterprises from the two sides through trade promotion programmes and international fairs. He also vowed to provide news on markets and taxation of the host country for enterprises of both sides to prevent unnecessary economic losses caused by a lack of information.-VNA
A large-scale Mekong Connect-CEO Forum will be held for the first time in the Mekong Delta city of Can Tho on September 4, announced the organising board during a press conference on August 18.
Industrial zones (IZs) in the Mekong Delta city of Can Tho have 220 projects in operation, with total registered investment capital of some 1.96 billion USD.
A Japanese enterprise met with authorities from the Mekong Delta City of Can Tho on September 8 to discuss developing a cow rearing project in Song Hau plantation.
An amount of over 380 million USD will be splashed out on a project to upgrade facilities in the core area of Can Tho in a bid to enhance the Mekong Delta city’s adaptation capacity to climate change.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
A view of Can Tho city (Photo:VNA)
