The Mekong Delta City of Can Tho licensed five foreign investment projects in the first 10 months of this year with total registered capital exceeding 17 million USD.
Can Tho (VNA) - The Mekong Delta City of Can T🍌ho licensed five foreign investment projects in the first 10 months of this year with total registered capital exceedinꩲg 17 million USD, said Deputy Director of the city Department of Planning and Investment Le Manh Tung.
The projects operate in processing rice bran for export, machinery maintenance, trading, processing industry and cinemas.
In the period, the city allowed four operating FDI projects to raise their capital by a combined 38.4 million USD, of which 31 million USD was poured into the Lotte Mart project.
In total, the city attracted 55.7 million USD of FDI in the first ten months this year, meeting 75 percent of the year’s target.
The city is considering a 15-million USD project of Singapore to build the Pegasus International University.
City officials said many investors are exploring investment in the locality, focusing on the fields of hotels and resorts, energy, cosmetic production, garment making, garbage treatment and hospital.
In order to realise its target to become an industrial city by 2020, the locality will devise a number of measures to seek partners from Japan and the Republic of Korea in farm and aquatic product processing, hi-tech agricultural production, agricultural machine, electronics and energy.
So far, the city is home to 66 FDI projects, worth 954.6 million USD.-VNA
Japan’s Satake Corporation aims to invest in the Mekong Delta city of Can Tho’s agricultural equipment, General Director Nguyen Trong Hieu told municipal authorities on November 2.
The Mekong Delta region will have a centre for aquaculture in Can Tho city and a fishery centre in Kien Giang province, according to the national master plan for aquaculture development.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.
One corner of Can Tho city. (Source: VNA)
