Can Tho (VNA)ཧ – President Truong Tan Sang has stated that the agriculture-reliant Mekong Delta will grow further on the back of more capital inflows.
During a working session with the Steering Committee for the Southwestern Region in the Mekong Delta city of Can Tho on December 2, the President asked the committee to weigh opportunities and challenges ahead when Vietnam joins a number of free trade agreements in order to make appropriate preparations for integration.
He urged localities in the region to spread effective farming models to lift farmers out of middle-income trap.
About infrastructure against climate change, he requested mechanisms to mobilise foreign resources and the use of advanced construction techniques to ensure effective long-term investment.
The President also called for developing transport routes connecting Ho Chi Minh City with the southwestern region to facilitate the trade of goods and farm produce.
According to the committee, the region has harvested 3.1 milllion tonnes or rice and 3.3 million tonnes of aquatic products since early this year.
It has raked in 10.9 billion USD from exports, contributed 71 trillion VND (3.22 billion USD) to the State budget and recognised 236 out of 260 communes as new-style rural areas./.
As many as 906 foreign-invested projects worth 11.9 billion USD have been operational in the Mekong Delta region so far, according to the Steering Committee for the Southwestern Region.
The Steering Committee for the Southwestern Region aims to see an economic growth rate of 9.4 percent and an export value of 13.6 billion USD in the region in 2015, up from 8.98 percent and 12.3 billion USD, respectively, in 2014.
The Mekong Delta region has set to rake in 11.9 billion USD from exports in 2015, said Nguyen Phong Quang, Deputy Head of the National Steering Committee for the Southwestern Region.
As many as 323,200 households in the Mekong Delta got rid of poverty in 2014, exceeding the set target by 3.4 percent, according to the Steering Committee for the Southwestern Region (SCSR).
The Mekong Delta region aims to bring the rate of poor households to 4.5 percent in 2015, or down by 1.2-1.3 percent year-on-year, according to the Steering Committee for the Southwestern Region.
The Mekong Delta provinces earned 229 million USD from export of 516,000 tonnes of rice in January, up 3.2 percent over the same period last year, according to the Steering Committee for the Southwestern Region.
The Mekong Delta will house two second-class logistics centres by 2030, spanning a total area of 100 hectares to serve regional localities like Can Tho, Hau Giang, Kien Giang and Soc Trang.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.
At the working session (Source: VNA)
