The Mekong Delta city of Can Tho wants to attract investors in green industries serving the local sustainable development, said Nguyen Van Hieu, Secretary of the municipal Party Committee at a working session with Kelvin Teo, CEO of Sembcorp Development and co-chairman of Vietnam-Singapore Industrial Park (VSIP) Group on June 14.
Secretary of the Can Tho Party Committee Nguyen Van Hieu (R) and Kelvin Teo, CEO of Sembcorp Development and co-chairman of Vietnam-Singapore Industrial Park (VSIP) Group, at their working session in the city on June 14. (Photo: VNA)
Can Tho (VNA) – The Mekong Delta city of Can Tho wants to attract investors in green industries serving the local sustainable development, said Nguyen Van Hieu, Secretary of the municipal Party Committee at a working session with Kelvin Teo, CEO of Sembcorp Development and co-chairman of Vietnam-Singapore Industrial Park (VSIP) Group, on June 14.
Informing his host of the group’s project on developing and operating the infrastructure of the local Vinh Thanh Industrial Park (VSIP Can Tho), Teo said major customers from Japan, the Republic of Korea (RoK), and Europe, who invest in the IP, wish to obtain land for their factory construction in the second and third quarters of 2024.
VSIP Can Tho is the first large-scale industrial park of the Mekong Delta, Hieu said, noting that work is underway for land to be handed over to investors serving their launch of their projects next year.
Can Tho wants the VSIP Group to call for investment in agro-fishery processing, logistics and warehouses, he said.
Echoing the view, Teo wished that the local authorities will give priority to the project and pledged the group’s compliance with the law.
On October 17, 2022, the Prime Minister approved the investment in the first phase of VSIP Can Tho, which covers 293.7ha of land in Vinh Trinh commune, Vinh Thanh district. The project is expected to become a major centre for food processing and distribution and infrastructure development in the Mekong Delta, contributing to the city’s restructuring and socio-economic growth./.
Vietnam remains an attractive destination for foreign investors, including those from Singapore, thanks to the Government’s concerted efforts and measures to improve business climate and the expansion of free trade agreements, according to Singaporean Ambassador to Vietnam Jaya Ratnam.
Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
Vietnam remains a magnet for Singaporean investors, with sustainable development being a promising area of collaboration in the coming time, according to Singaporean Ambassador to Vietnam Jaya Ratnam.
A workshop spotlighting Can Tho city as an investment destination in the Mekong Delta took place at the headquarters of the Korean Chamber of Commerce and Industry (KCCI) in Seoul on April 24.
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.