Can Tho grants investment licences worth over 180 mln USD
Can Tho granted investment licences to four enterprises with a total registered investment capital of over four trillion VND (180 million USD) in the Mekong Delta city on March 23.
Can Tho (VNA) – Can Tho granted investment licences to four enterprises with a total registered investment ca𝄹pital of over four trillion VND (180 million USD) in the Mekong Delta city on March 23.
The enterprises were the Republic of Korea’s Tae Kwang Vina Industrial, Truong Hai Auto Cooperation (THACO), Hai Ha Land Transport Limited Company, and Phuc Tan Ready-Mix Concrete Construction Limited Company.
The four firms are operating in areas as diverse as sport shoes, repair and maintenance shops and vehicle showrooms, ready-mix concrete and concrete masonry units (CMU) manufacturing.
Chairman of the municipal People’s Committee Vo Thanh Thong said the licenced projects will contribute to the city’s socio-economic development and they are also the catalyst for more investment to the locality.
He added the city will create best possible conditions for investors to implement the projects as scheduled.
Deputy Director of Tae Kwang Vina, Huyng Jin Lee hoped the company will continue to receive support from the local authority to effectively carry out the project.
He added that once the 171 million USD sport shoes accessories manufacturing project is put into operation, it could create jobs for 30,000 local labourers.-VNA
Chairman of the People’s Committee of southern Can Tho city Vo Thanh Thong has called for attracting multinational corporations and small and medium-sized enterprises operating in industry and support
The Mekong Delta city of Can Tho wants to deepen education cooperation with the UK through overseas study, student and lecturer exchanges, and establishment of research institutes.
A conference to disseminate information on a number of the free trade agreements (FTAs) to which Vietnam is a signatory was opened in the Mekong Delta city of Can Tho on March 18.
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.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Photo: VNA)
