Ca Mau confident of achieving economic growth targets

Despite facing difficulties, the southernmost province of Ca Mau saw remarkable economic growth in the first half and expects to meet its economic growth target of 7% this year.
Ca Mau confident of achieving economic growth targets ảnh 1A view of Ca Mau city. (Photo: camau.gov.vn)
Ca Mau (VNS/VNA) - Despite facing difficulties, thesouthernmost province of Ca Mau saw remarkable economic growth in the firsthalf and expects to meet its economic growth target of 7% this year.

Preliminary figures from the provincial Statistics Office showeconomic growth in the first six months was 4.23% year-on-year.

The agricultural, industrial and services sectors recorded growthof 6.41%, 0.61% and 7.03%.

Exports grew by 53% to nearly 728 million USD, with seafoodexports rising by 38% to 605 million USD and fertiliser exports by 229% to 122.5million USD.

Huynh Quoc Viet, Chairman of the provincial People’s Committee,said solutions to fulfill the socio-economic development targets for this yearwould be reviewed and supplemented, including the economic growth target of 7%.

The People's Committee would finalise the provincial plan for2021-2030 and submit it to the Government for approval and focus on urban andrural planning and developing three key townships, he said.

It would also seek to boost industrial production and trade, andpromote exports to markets that have free trade agreements with Vietnam, hesaid.

Ca Mau planned to strengthen trade promotion for agriculturalproducts, especially those made under the ‘One commune-One products’ programme,and solicit investment in its agro-forestry and fisheries sector, he said.

Provincial authorities would closely monitor price movements tohead off black marketeering, he added.

He called on all government agencies to step up administrativereforms to improve the province’s investment environment and position in theProvincial Governance and Public Administration Performance Index (PAPI) andthe Public Administration Reform Index (PAR-index).

The province would also strive to effectively implement a projecton improving its business environment and enhancing its competitiveness in 2021- 2025 to improve its ranking in the provincial competitiveness index (PCI) andprovide better support to enterprises, especially small and medium-sized andprivate firms who face difficulties due to COVID-19, he added./.
VNA

See more

An overview of the meeting in Ho Chi Minh City to discuss measures to ease pressures on production and trade, and stablise the domestic market amid the escalating conflict in the Middle East. (Photo: VNA)

Measures sought to address business challenges amid Middle East conflict

Vietnam is facing a three-stage ripple effect - first on transport and fuel-dependent industries, then on sectors relying on their outputs, and ultimately on consumers. Volatility in key commodities like fuel is disrupting the entire supply chain and increasing the risk of market instability.

Workers load rice bags onto a vessel for delivery. (Photo: VNA)

PM directs tasks to accelerate 2026 export growth

During January – February, Vietnam’s total export-import value hit 155.7 billion USD, up 22.3% year-on-year. Of the total, exports were estimated at 76.4 billion USD, up 18.3%, while imports totaled 79.3 billion USD, up 26.3%.

A quick report from data analytics platform Metric shows the number of active sellers across Shopee, TikTok Shop, Lazada and Tiki has dropped to just over 602,000, marking a year-on-year decline of more than 7%. (Illustrative photo: VNA)

Higher marketplace fees weigh on online sellers

Analysts identify rising operational costs as the key factor behind the exodus. In 2025, platforms simultaneously rolled out fee hikes ranging from 10–15%, significantly increasing the financial burden on merchants.

The latest approvals underscore the growing presence of Vietnamese rice in one of the world’s most demanding markets. (Photo: VNA)

Fragrant rice deepens EU market presence

Although the volume of individual shipments remains relatively modest, industry experts say the steady flow of exports reflects stable demand in the EU for high-quality rice.

Promoting stronger foreign direct investment (FDI) inflows is considered an important solution to help drive economic growth. (Photo: VNA)

Vietnam emerges as hub for high-quality FDI

Vietnam is gradually becoming a strategic destination for high-quality global FDI. Investment flows are increasingly directed toward sectors such as high-tech manufacturing, electronics, digital infrastructure, modern logistics, and industries that are closely linked to global supply chains.

Shrimp processing for export at Huy Nam company, An Giang province. (Photo: VNA)

Fisheries sector proactively adjusts to emerging challenges

In addition to food safety regulations, the US continues to closely monitor the origin of imported seafood through the Seafood Import Monitoring Programme (SIMP) administered by the National Oceanic and Atmospheric Administration (NOAA). Requirements linked to the Marine Mammal Protection Act (MMPA) are also a major concern for businesses.