Phu Quoc Island in Kien Giang province. Tourism is one of the province's prioritised sectors for calling investment by 2020. (Source: VNA)
Kien Giang (VNA)- The Mekong Delta province of Kien Giang will hold a conferenceon July 26 and 27 in a bid to attract more investment.
The conference isexpected to attract 500 domestic and foreign enterprises and representativesfrom international organisations and agencies, baodautu.vn citedQuang Xuan Lua, Deputy Director of the provincial Centre for Trade, Investmentand Tourism Promotion, as saying.
During the event, KienGiang would introduce its socio-economic achievements, advantages,investment incentives and projects calling for investment, Lua said, addingthat discussions between local authorities, experts and investors on measuresto help the province lure investment sustainably would also beincluded.
The province wants tocall investment in 117 projects between now and 2020, the centre’s directorNguyen Duy Linh Thao told the online newspaper.
The province hasinvested to complete infrastructure for transport, electricity grids, watersupply and a drainage systems, and is continuing administrative reforms, all inan effort to woo investors.
It is also settingpreferential policies and providing assistance for investment based on theGovernment’s common policy framework and local policies.
To date, Kien Giang hasattracted 680 projects with total investment of more than 500 trillion VND (21.6 billionUSD). Of the total, 341 projects, worth 60.6 trillion VND areoperational, 68 projects, valued at 115 trillion VND, are underconstruction while the remainder are completing investment procedures.
The province aimsto mobilise 215 trillion VND for socio-economic development by 2020 and 1quadrillion VND by 2030.
It also targets to anaverage Gross Regional Domestic Product (GRDP) growth of 7.5-8 percent per yearby 2020 and 8-9 percent per year in 2020-2030 and an average income percapita of about 3,000 USD.-VNA
Minister of Education and Training Phung Xuan Nha has instructed authorities in 12 provinces and one city in the Mekong Delta region to increase expenditures from their local education budgets to pay for facilities and equipment.
The Mekong Delta province of Kien Giang has so far attracted 49 foreign direct investment (FDI) projects with a combined registered capital of over 2.75 billion USD.
The Mekong Delta province of Kien Giang has recovered its protective forests along coastal areas by enlisting the help of local residents to plant and protect mangrove trees.
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.
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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.
Phu Quoc Island in Kien Giang province. Tourism is one of the province's prioritised sectors for calling investment by 2020. (Source: VNA) 
