Mekong Delta likely to benefit from regional linkages in trade promotion
To enable the Mekong Delta to fully tap its potential, it is necessary to promote regional linkages in trade promotion and export-import activities, which would help consolidate and optimise local resources for sustainable development, according to Deputy Minister of Industry and Trade Phan Thi Thang.
At a recent conference to discuss measures to promote Mekong Delta's trade activities (Photo: VNA)
Can Tho (VNA) – To enable the Mekong Delta to fully tap its potential, it is necessary to promote regional linkages in trade promotion and export-import activities, which would help consolidate and optimise local r💎esources for sustainable development, according to Deputy Minister of Industry and Trade Phan Thi Thang.
In the first six months, the region's GRDP growth rate was estimated at 6.12%, with its total import-export turnover reaching 19.5 billion USD, resulting in a trade surplus of 6.6 billion USD.
However, according to the Deputy Minister, the Delta’s economy still only accounts for over 12% of the national economy. Some localities are experiencing slower economic growth, and economic restructuring efforts are not meeting expectations. Regional cooperation remains limited, lacking depth, with certain cooperation agreements still being symbolic rather than practical. Integrated industry clusters and service linkages have yet to be established.
Tran Quoc Toan, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT), suggested localities in the Delta, particularly the regional coordinating committee, continue focusing on investment in infrastructure, particularly transport networks, as well as the implementation of scientific and technological solutions to ensure sustainable production for exports.
Statistics from the ministry show that many Vietnamese product categories have exceeded export revenues of over 1 billion USD each, such as fruits and vegetables, rice, and shrimp. For rice alone, Vietnam is projected to export over 8 million tonnes this year, with 7.6 million tonnes originating from the region.
Despite these advantages, its economic growth has yet to be on par with potential. The region also faces challenges such as climate change, declining water resources, and saltwater intrusion. Therefore, accurately assessing both the potential and challenges, while developing suitable solutions, is crucial to achieving its goal of becoming a developed region nationwide./.
The Mekong Delta is expected to have about 1,200km of expressways, with some 600km to be completed within this tenure, Prime Minister Pham Minh Chinh said during a field trip to the Chau Doc-Can Tho-Soc Trang expressway project on July 13.
Renewable energy is seen as a sustainable choice for the Mekong Delta region to respond to environmental challenges, given that the country’s rice and fisheries granary has lost up to 300 million USD to prolonged drought and extreme salt intrusion.
The University of Economics Ho Chi Minh City (UEH) officially inaugurated a centre for innovation and entrepreneurship in its branch in the Mekong Delta province of Vinh Long on May 30.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
