Conference promotes investment in southwest inland waterways
The Steering Committee for the Southwest Region has asked the Government to consider increasing investment in the development of inland waterway routes in the region.
Can Tho (VNA) ꦺ– The Steering Committee for the Southwest Region has asked the Government to consider increasing investment in the development of inland waterway routes in the region, towards promoting sustainable future development.
During a conference held in the Mekong Delta city of Can Tho on April 6, the steering committee required the Ministry of Transport and relevant localities to develop inland waterway routes in conjunction with regional and national planning, in order to optimise overall efficiency.
Deputy Transport Minister Nguyen Nhat underlined the need to enhance the State management of inland waterway transport in the region, saying that the conference offers a chance to review management at relevant agencies and localities.
The dredging of the Hau River will be completed this month, ensuring convenient travel for large vessels within provinces and cities in the southwest and to other regional nations upstream, he said.
Deputy Head of the steering committee Nguyen Quoc Viet said the region’s existing inland waterway system does not match with its potential, citing the limitations of a number of upgrading and investment projects, and the high rate of waterway accidents.
According to Vice Chairman of the Can Tho city People’s Committee Dao Anh Dung, the Mekong Delta region has a great number of rivers which can facilite the development of inland waterway transportation.
However, he also noted that investment, construction and management of the sector still remain limited due to shortages of investment capital.
The southwest region boasts over 14,826 km of inland waterway. But up to 109 out of 288 overpasses have yet to pass technical requirements and are in need of urgent upgrade.
Preliminary statistics show that as many as 15 waterway transport co-operatives and 387 enterprises with 1,302 vessels transport about 348.4 million tonnes of cargo and 1.9 billion passenger-km every year .-VNA
The Mekong Delta will house two second-class logistics centres by 2030, spanning a total area of 100 hectares to serve regional localities like Can Tho, Hau Giang, Kien Giang and Soc Trang.
Rapid development of transport system in the last five years in the Mekong Delta has improved passenger and cargo transportation and contributed to regional growth.
All activities undertaken by the waterways transport in 2016 were aimed to create a breakthrough for the sector toward cheap prices with safety, said an official.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.