An Giang province strives for annual growth of 7 percent

The Mekong Delta province of An Giang is hoping for annual GRDP growth of 6.5 - 7 percent during 2021 - 2025 as targeted in its recently released plan on socio-economic recovery and development.
An Giang province strives for annual growth of 7 percent ảnh 1The Mekong Delta province of An Giang is hoping for annual GRDP growth of 6.5 - 7 percent during 2021 - 2025. (Photo: VNA)
An Giang (VNA) – The Mekong Delta province of An Giang is hoping for annual GRDP growth of 6.5 - 7 percent during 2021 - 2025 as targeted in its recently released plan on socio-economic recovery and development.

The plan, issued by the provincial People’s Committee, aims to develop the local economy and society in a comprehensive, fast and sustainable manner after the COVID-19 pandemic was brought under control.

In addition, An Giang is also looking to raise annual per capita GRDP to 70.49 - 72.2 million VND (over 3,000 - 3,100 USD), collect over 41.3 trillion VND for the State budget over five years, gain nearly 5.3 billion USD in five-year exports, reduce the household poverty rate by 1 - 1.2 percent annually, and increase the rate of trained workers to 73 percent by 2025.

To that end, local authorities will carry out support policies for pandemic-hit cooperatives, enterprises, organisations and people by exempting or reducing value added tax, corporate income tax, and rent costs, according to Chairman of the provincial People’s Committee Nguyen Thanh Binh.

More favourable conditions will be created for businesses located both in and outside industrial parks to resume and expand operations and boost cross-border trade.

Meanwhile, priority will be given to shoring up sectors such as agriculture, industry, trade, services and tourism.

He noted An Giang will work to quickly remove obstacles to production and business activities, step up investment attraction to key projects, and develop infrastructure, especially transport, industrial parks and border gate economic zone facilities.

It will also help investors and enterprises deal with difficulties during the implementation of projects, especially those related to investment procedures, land, construction and the environment, the official said.

In 2021, the prolonged COVID-19 outbreak caused serious socio-economic impacts on the province. However, An Giang took appropriate measures to fight the pandemic and sustain economic activities.

As a result, it saw GRDP growth of 2.15 percent last year, which is hoped to reach 5.2 percent in 2022./.
VNA

See more

Sock production line for export at SUNJIN AT&C VINA Co., Ltd., Chan May - Lang Co economic zone, Hue city. (Photo: VNA)

Transparent business environment appealing to foreign investors

During the first half of 2025, the total registered FDI reached 21.51 billion USD, up 32.6% year-over-year. This includes 9.3 billion USD in new investments, down 9.6%; 8.95 billion USD in additional capital for existing projects, a 2.2-fold increase; and 3.28 billion USD through capital contributions and share purchases, up 73.6%.

Deputy Minister of Science and Technology Pham Duc Long meets with Google’s Vice President for Emerging Markets Doron Avni in Hanoi on July 17. ( VGP Photo)

MoST partners with Google to explore digital transformation, AI, SMEs

The two sides agreed to establish a joint task force to formalise their collaboration, with a strong focus on quantum technology, a strategic frontier of the digital age, and AI-powered solutions to help Vietnamese SMEs enhance their competitiveness and modernise their operations.

VBAB Chairman Nguyen Thanh Vinh (left) meets with a Belgium business representative. (Photo: VNA)

Business network helps connect Vietnam with Belgium, EU markets

As Vietnam accelerates green and digital transition, the Vietnam Business Association in Belgium (VBAB) is prioritising connections with capable Belgian partners in clean energy, particularly hydrogen and renewable energy, and smart seaport planning.

Kim Long Motor's passenger bus assembly line. (Photo of Kim Long Motor)

Kim Long Motor Hue multiplies investment sixfold

The company’s decision to inject an additional 21 trillion VND (804 million USD) into the project not only reflects its ambition to scale up operations but also signals a strategic shift towards exports and integration into global supply chains.

Hanoi’s key industries given priority to drive growth

Hanoi’s key industries given priority to drive growth

Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.

At the signing ceremony for the partnership between Becamex Binh Duong and IFC in HCM City on July 16, 2025.

Becamex, IFC advance green industrial park model in Vietnam

Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in conducting preliminary assessments for up to five industrial parks using the Global Eco-Industrial Parks Programme (GEIPP) certification framework.

The seminar on strengthening banking risk management capacity. (Photo: VNA)

Central bank to assess compliance of banks in risk management

The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN regulating the capital adequacy ratio for banks and foreign bank branches and Circular 13/2018/TT-NHNN regulating the internal control system of commercial banks and foreign bank branches. MB highly appreciates the SBV’s system of legal documents.

Fuel prices see slight dip from July 17 (Photo: VNA)

Fuel prices fall slightly from July 17

Retail fuel prices in Vietnam have seen a slight decrease as of 15:00 of July 17, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.

ietnamese Ambassador to France Dinh Toan Thang (L) and Vincent Laudat, President of CCI Normandie (Photo: VNA)

Vietnam fosters comprehensive cooperation with France's Normandy region

This diverse cooperation, spanning from sports to nuclear energy and high-tech, reflects the immense potential of the Vietnam-France comprehensive strategic partnership. Normandy's strengths align well with Vietnam's goal of becoming a modern industrial nation by 2045, solidifying its role as a strategic partner in the Asia-Pacific region.

HCM City's total remittance inflows are estimated to exceed 5.3 billion USD for the first half of this year. (Photo: VNA)

Remittances to former HCM City surge in Q2

The rise was driven by contributions from multiple regions, with Africa leading the charge at 130.8% increase compared to the same quarter last year. Europe contributed a solid 16% growth, while the Americas added 11.9% and Oceania contributed 8.9% to the overall increase.