In 2017, the southernmost province of Ca Mau will continue to accelerate economic restructuring, with a focus on the key sectors of agriculture, industry and services.
Ca Mau (VNA) – In 2017,the southernmost province of Ca Mau will continue to accelerate economicrestructuring, with a focus on the key sectors of agriculture, industry andservices.
Gross regional domestic product(GRDP) is expected to hit 37.84 trillion VND (1.66 billion USD), up sevenpercent.
Other targets include total socialinvestment reaching 12 trillion VND (582 million USD); exports 1.1 billion USD;fishery output, 530,000 tonnes; and food production, 580,000 tonnes.
In order to realise the targets, theprovince aims to take comprehensive measures to promote the economicrestructuring, focusing on quality, efficiency and competitiveness.
Agricultural restructuring will enhanceadded value and sustainable development in tandem with building new-style ruralareas, focus on measures against climate change, and develop complete chains forkey products, like shrimp, rice, and forestry products.
New style cooperative models will beencouraged with the use of technology in breeding and production while connectingagricultural production and consumption.
The fishery sector will also berestructured to improve its efficiency, increasing income for local fishermen.Supervision will be strengthened in production to ensure aquatic productquality.
Ca Mau will also accelerate the newstyle rural area building programme, focusing on sustainable production,improved efficiency and incomes for rural residents while addressingenvironmental pollution.
The province will zone off areas foragro-forestry-fishery product processing with the application of technology todiversify products. Infrastructure facilities will be developed for the Nam Caneconomic zone and other industrial parks to draw investment. The Ca MauGas-Power-Fertilizer Factory will be put into operation while acceleratinglocal power projects, including the Khai Long wind power plant and the powersupply project for rural areas from 2015- 2020.
Efforts will be made to improve thequality of services in trading, tourism, banking, insurance, education andhealth care.
Transport services and sea-basedtourism will be promoted. Hon Khoai sea port will be built to service marinetransport.-VNA
The southernmost coastal province of Ca Mau aims to achieve 1.1 billion USD worth of export revenue in 2017, said Pham Bach Dang, standing vice secretary of the provincial Party Committee.
Authorities in the southernmost province of Ca Mau have pledged to continue with administrative reform and offer the most beneficial policies for investors.
The southernmost province of Ca Mau on December 26 inaugurated a project to upgrade over 14km of its sea dyke system, with total investment of 158 billion VND (6.9 million USD).
Tran Van Som bridge was opened to traffic on December 27, becoming the biggest of its kind that connects the two Mekong Delta provinces of Bac Lieu and Ca Mau.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
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.