Ca Mau attracts 925 million USD investment in 2019
The southernmost province of Ca Mau attracted 24 investment projects with total registered capital of more than 21.5 trillion VND (925 million USD) in 2019, bringing the number of projects in the locality to 318, capitalised at 99.66 trillion VND (4.28 billion USD).
Ca Mau (VNA)- The southernmost province of Ca Mau attracted 24 investment projectswith total registered capital of more than 21.5 trillion VND (925 million USD)in 2019, bringing the number of projects in the locality to 318,capitalised at 99.66 trillion VND (4.28 billion USD).
Chairman of the provincialPeople’s Committee Nguyen Tien Hai delivered this information during a meetingbetween local authorities and 300 businesses in the province on February 3.
Hai praised the contribution ofthe business community to the province’s development in recent years.
The chairman urged businesses tofoster cooperation and comply with their commitments in ensuring environmentalprotection and speeding up the implementation of their projects.
“Ca Mau province always considersthe success of businesses as our success," Hai said.
The province is now home tonearly 3,900 businesses with total registered capital of over 44 trillion VND(1.9 billion USD).
In the future, Ca Mau will implementsome major measures to create the best conditions for businesses includingreviewing planning of industrial zones and clusters to attract large-scaleprojects and accelerating administrative reforms, the chairman said.
This year, it will also facilitatethe operation of the local business association to help firms addresstheir difficulties and connect them with State agencies.
Hai added the association’soperation is a must to not only assess the satisfaction of enterprises withState agencies but also to improve provincial competitiveness.
A new Investment Promotion andBusiness Support Centre has been established in the province to attractinvestment.
Aside from providing consultancyand support for investment, business development and start-ups, the centrewill also promote investment, trade and tourism.
According to Quach Van An,director of the centre, local authorities are making every effort to attractinvestment projects in the Nam Can Economic Zone in Nam Can district and KhanhAn Industrial Park in U Minh district./.
The Mekong Delta province of Ca Mau aims to have all of its administrative procedures handled through its electronic one-stop information system this year.
Provinces and cities in the Mekong Delta, the country's largest shrimp producer, are increasing their shrimp output this year and focusing on developing sustainable shrimp farming models that bring high profits.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
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.
Illustrative image (Source: VNA) 
