Tien Giang attracts over 310 million USD in investment
The Mekong Delta province of Tien Giang lured over 7 trillion VND (over 310 million USD) in 18 new investment projects in the first six months of 2018, up 9 projects and 4.47 times in capital compared to the same period last year.
The Mekong Delta province of Tien Giang lured over 7 trillion VND (over 310 million USD) in 18 new investment projects. (Photo: VNA)
Tien Giang (VNA) - The Mekong Delta province of Tien Giang lured over 7trillion VND (over 310 million USD) in 18 new investment projects in the firstsix months of 2018, up 9 projects and 4.47 times in capital compared to the sameperiod last year.
According to Le Van Nghia, Vice Chairman of the provincial People’s Committee, theprovince granted investment licences to seven new foreign direct investment(FDI) projects in the period.
Three existingprojects also registered to increase capital by a total of over 212 billion VND(9.3 million USD), raising total newly-licensed and increased foreigninvestments to nearly 7.25 trillion VND (nearly 319.3 million USD), up 2.37times compared to the same period last year.
The provincialPeople’s Committee has assigned departments and sectors to build the list ofinvestment projects, in line with the resources, strengths, and developmenttargets of each area, thus rolling out plans to introduce and call forinvestment, especially for key projects with regional links.
It is hoped to contributeto generating more jobs for local residents, increasing exports, and promoting thelocality’s socio-economic development in a rapid and sustainable manner.
According to Nguyen Van Dao, Chairman of the provincial Association ofEnterprises, the province boasts many advantages to attract investment as it islocated in the southern key economic region with a convenient transport network,as well as being abundant in workforce and natural resources.
Local officialssaid more attention will be paid to accelerating the administrative procedure reform,especially those related to investment, business, land, construction, the environment,and law.
Measures will bealso devised to better the Public Administration Performance Index (PAPI) andthe Provincial Competitiveness Index (PCI), towards attracting more investmentinto the locality. -VNA
Tien Giang province, the Mekong Delta’s largest fruit producer, has increased its fruit cultivation area to nearly 75,000ha this year, up three percent against the same period last year.
The Mekong Delta province of Tien Giang is developing intensive tra fish farming in alluvial areas along rivers to produce high quality fish for export.
The Mekong Delta province of Tien Giang raked in a total investment of more than 7.2 trillion VND, or 316.8 million USD, in the first half of 2018, a 2.3-fold increase from the same period last year.
The Mekong Delta province of Tien Giang saw a record yearly growth of 18 percent in industrial production value in the first half of this year, to nearly 51.1 trillion VND (2.245 billion USD).
Export turnover of the Mekong Delta province of Tien Giang reached 1.27 billion USD in the first half of 2018, a rise of 6.8 percent year-on-year, said Director of the provincial Department of Industry and Trade Ngo Van Tuan.
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.
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.
The Mekong Delta province of Tien Giang lured over 7 trillion VND (over 310 million USD) in 18 new investment projects. (Photo: VNA) 
