Thriving exports push Tien Giang closer to yearly goal
The Mekong Delta province of Tien Giang is making significant strides toward its yearly export target of 5 billion USD, thanks to a thriving performance in the first half of this year.
Tien Giang (VNA) – The Mekong Delta province of Tien Giang is making signif🔯icant strides toward its yearly export target of 5 billion USD, thanks to a thriving performance in the first hꦦalf of this year.
Director of the provincial Department of Industry and Trade Luu Van Phi said the locality has already secured 2.97 billion USD in exports during the period, up nearly 11% annually and reaching around 60% of the yearly goal.
The growth was largely driven by the industrial sector which witnessed a 32% year-on-year increase, bringing in a total of 2.37 billion USD and accounting for over 80% of the province's total exports. The agro-forestry-fisheries sector also played a contributing role, generating 252 million USD, a rise of 7.32% year on year and equivalent to 8.52% of the total.
The US remained its top export destination, absorbing over 21% of its exports, followed by Russia, India, China, and Germany.
To achieve the goal for the whole year, the province is taking a multi-pronged approach, with trade promotion activities targeting new and promising markets, particularly those less vulnerable to inflationary pressures but with strong growth potential.
Furthermore, the department is actively promoting digital transformation by facilitating the issuance of preferential Certificates of Origin (C/O), as this will empower local businesses to effectively leverage free trade agreements and boost their export competitiveness.
Workshops and training sessions are being held to equip exporting enterprises and cooperatives with the latest knowledge and regulations on export markets, as provided by the Ministry of Industry and Trade. This will ensure they are well-equipped to navigate the intricacies of global economic integration.
The department is also fostering the adoption of information technology through e-commerce platforms and digital tools. This initiative aims to expand markets for local competitive products, including rice, fruits, processed seafood, apparel, leather and footwear./.
Prime Minister Pham Minh Chinh has urged the Mekong Delta province of Tien Giang to achieve harmonious development in the fields of socio-economy, culture and environment while ensuring national defence and security.
The Mekong Delta province of Tien Giang attracted two new projects to its industrial parks in the first nine months of this year, with total registered capital of 12 million USD and 220 billion VND (over 9 million USD).
The Mekong Delta province of Tien Giang has plenty of advantages to develop tourism, particularly agricultural and rural one. The province is home to many rivers, canals and more than 80,000 ha of specialty fruit orchards, traditional craft villages, and historical cultural relic sites. Tien Giang takes rural and garden ecological tours as one of its key tourism products to promote in the province
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.
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.
