Officials and businesspeople in the Mekong Delta city of Can Tho were updated on issues regarding the ASEAN Economic Community (AEC) and the Trans-Pacific Partnership (TPP) agreement.
Can Tho (VNA) – Officials and businesspeople in the Mekong Delta city of Can Tho were u🦂pdated on issues regarding the ASEAN Economic Community (AEC) and the Trans-Pacific Partnership (TPP) agreement at a workshop on December 29.
The event, jointly held by the city’s Union of Friendship Organisations and the Party Committee of the municipal Business Block, looked into challenges and opportunities afford ed by the AEC and the TPP.
Vice Chairman of the municipal People’s Committee Truong QuangHoai Nam said the city has to date organised ten workshops on integration with the participation of many experts and managers in this field.
Although a lot of information has been introduced at the events, local businesses are still vague about Vietnam’s engagement in the AEC and the TPP as well as its impacts on Can Tho city.
This workshop forms part ofCan Tho’s efforts to make preparations for integration and cope with difficulties stemming from the process, he said.
By the end of 2015, Can Tho attracted more than 12,000 businesses with a total registered capital of 46 trillion VND (roughly 2 billion USD). Of the figure, more than 90 percent are small and medium-sized enterprises with out-of-date technologies.
Therefore, Vietnam’s participation in the AEC and the TPP is expected to help revamp technologies and equipment for the businesses through the establishment of joint ventures.-VNA
Vietnamese Ambassador to the US Pham Quang Vinh said the freshly-concluded Trans-Pacific Partnership (TPP) agreement is strategically and economically important to Vietnam and other member countries.
The participation in the Trans-Pacific Partnership (TPP) agreement will provide a chance for Vietnam to balance its trade relations and avoid over-dependence on certain markets, economists said.
Having a deep comprehension of the ASEAN Economic Community (AEC) will help Vietnamese businesses grab opportunities, integrate effectively, and gain initiative in the regional and global playgrounds.
The PACE Institute of Management, a leading school for business leaders in Vietnam, has conducted a project to raise awareness of global integration for local enterprises.
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.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Processing shrimp for export (Photo: VNA)
