Over 9,500 new firms established in Mekong Delta in 2018
More than 9,500 new businesses were established in the Mekong Delta in 2018, heard a meeting among regional business leaders in Can Tho city on March 20.
The Mekong Delta's economy recorded an impressive growth of 7.8 percent in 2018, the highest over the past four years. (Photo VNA)
Can Tho (VNA) – More than 9,500 newbusinesses were established in the Mekong Delta in 2018, heard a meeting amongregional business leaders in Can Tho city on March 20.
The delta’s economy recorded an impressivegrowth of 7.8 percent in 2018, the highest over the past four years, accordingto Nguyen Phuong Lam, Director of the Vietnam Chamber of Commerce and Industry(VCCI)’s chapter in Can Tho.
The industrial production value rose 12 percentyear-on-year to 716 trillion VND (30.8 billion USD).
The export turnover for the first time reached17.5 billion USD, up 1.6 billion USD versus the previous year. Six localitiesposted exports worth over 1 billion USD, namely Long An, Tien Giang, Can Tho,Ca Mau, Ben Tre, and Dong Thap.
In 2018, the Mekong Delta continued to be ratedas the best operating area among seven regions of the country. Five localitiesin the delta were listed in the top 10 of Provincial Competitiveness Index(PCI), which is published annually.
Lam said businesses must double their efforts togain more socio-economic accomplishments in 2019 and the following years.
He explained that 2019 is a special year forVietnam’s economy when free trade agreements such as the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-VietnamFree Trade Agreement (EVFTA) come into effect.
Global trade disputes, fierce competition andrapid change of technology are putting great pressure on the State managementreforms of businesses, he noted.
Given the fact, Mekong Delta localities needmore investment in infrastructure as well as a more dynamic administration tocreate favourable business environment, he said.
At the event, the VCCI’s chapter in Can Thosigned cooperation agreements with Bac Lieu, Hau Giang and Vinh Long provinceson improving the business climate and building a competitiveness index forregional departments and localities in 2019.
The chapter also granted certificates of newmembership for 31 enterprises.-VNA
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The Mekong Delta's economy recorded an impressive growth of 7.8 percent in 2018, the highest over the past four years. (Photo VNA)
