Marine economy and urban areas would be a new development engine of Ho Chi Minh City. (Photo: )
HCM City (VNA) – Marine economy and urbanareas would be a new development engine of Ho Chi Minh City, experts have said.
Many scientists at a workshop in HCM City on March30 suggested the southern metropolis identify its development model as well ashow to connect with other localities for mutual development, towardssustainability.
They emphasised the need to devise regionalinstitutions and conduct regional coordination as best as possible.
Vo Van Hoan, Vice Chairman of the municipal People’sCommittee, said HCM City should become a service centre with internationalcompetitiveness, looking towards new economic models such as green marine economy.
A strategy is needed to spur the development of thelocal sea-based economy and urban area chain, making them connected regionallyand globally, he said.
Shifting the marine economic model in the coastaldistrict of Can Gio towards ecological environment conservation and humanitywould be a breakthrough of the city, according to the official.
At the workshop (Photo: VNA)
There is an evitable need for HCM City to turn itselfinto a hub of finance and commercial services of regional and internationalstandards, he said.
Dr. Nguyen Duc Hien, deputy head of the PartyCentral Committee’s Economic Commission, said Vietnam has a coastline of morethan 3,600km, covering 28 out of 63 cities and provinces.
The coastal localities make up 58.2 percent ofnational FDI, 36.6 percent of the country’s export-import value and 58 percentof total enterprises in Vietnam, he said, stressing their important role innational economic development.
HCM City has proven its locomotive role in thisregard for many years, he said./.
Ho Chi Minh City is striving to earn 70 billion USD in export turnover by 2025 and 108 billion USD by 2030, and maintain an average annual export growth of 9 percent during 2026-2030.
Businesses in the Ho Chi Minh City price stabilisation programme have been encouraged to become more innovative in the face of tougher competition, experts have said.
The CPI in the southern economic hub of Ho Chi Minh City inched down 0.33 percent in March against February, according to the city’s Statistics Office.
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
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.
Marine economy and urban areas would be a new development engine of Ho Chi Minh City. (Photo: ) 
At the workshop (Photo: VNA) 
