Can Tho (VNA) – TheMekong Delta city of Can Tho, an economic hub of the Mekong Delta, is ex🔯pectedto become a startup valley in the Mekong Delta region by 2020.
The goal was made at a workshopon “Vietnam Startup Index 2015/2016” held on December 13 by the Vietnam Chamberof Commerce andIndustry (VCCI) Can Tho branch and the municipal of Departmentof Planning and Investment in the city. The workshop focused on measuresfor startup development in Can Tho based on the startup situation in Vietnam in2015 - 2016. Can Tho had 67,000 enterprisesand business households as well as 221 cooperatives in 2016, contributing 4trillion VND to the local budget and providing over 125,000 jobs, said NguyenThanh Dung, Vice Chairman of the municipal People’s Committee, adding that thecity’s economy steadily grew at 5.88 percent per year, ranking 14th among63 cities and provinces in competitiveness. However, a lack of a comprehensivelegal framework and stable government investment has posed challenges to local startups.They also lack confidence, experience and creativity. To tackle these problems, thecity is advised to create a creative environment while promoting trainingprogrammes for startups and businessmen, said Truong Quoc Trang, DeputyDirector of the municipal Department of Planning and Investment. He added that a training coursethemed “Your startups” will be held by the department and the VCCI Can Thochapter in 2017. The course is expected to providebasic skills and knowledge on startups for youths. Meanwhile, the municipalDepartment of Science and Technology will coordinate with the city’s VCCI to createand expand a working space network and suggest business directions for startups,said Tran Hoai Phuong, the department’s Deputy Director. Startup competitions will be heldto encourage enterprises to exchange their experience, he added. A support foundation will befounded by the VCCI with a targeted budget of 10 billion VND in 2017 – 2020 to supportinfrastructure construction and training programmes, according to Vo Hung Dung,Director of VCCI Can Tho chapter. The foundation will call for governmentfinancial support and investment of big businesses to professionalise startups.-VNA
The Government’s Small- and Medium-Sized Enterprise Development Foundation (SMEDF) could provide support to startups in the form of venture capital and crowd funding, according to a draft decision.
Deputy Prime Minister Vu Duc Dam has urged ministries and sectors to conduct specific activities to realise Government’s policies of encouraging startups.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
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.
At the workshop (Photo: VNA) 
