Can Tho welcomes US investment in green, digital economies

The planned merger of Can Tho with the neighbouring provinces of Hau Giang and Soc Trang is expected to open up new opportunities and unlock local potential, a municipal official has said.

Chairman of the Can Tho People’s Committee Truong Canh Tuyen (right) and US Consul General in Ho Chi Minh City Susan Burns at the meeting on May 27. (Photo: VNA)
Chairman of the Can Tho People’s Committee Truong Canh Tuyen (right) and US Consul General in Ho Chi Minh City Susan Burns at the meeting on May 27. (Photo: VNA)

Can Tho (VNA) – Can Tho city is eager to welcome US investors, especially in agricultural processing, the green economy, and the digital economy, stated Chairman of the municipal People’s Committee Truong Canh Tuyen during a meeting with US Consul General in Ho Chi Minh City Susan Burns on May 27.

During the meeting, the two sides discussed preparations for activities marking the 30th anniversary of diplomatic relations between Vietnam and the US this year, as well as achievements and opportunities for strengthening cooperation in trade, investment, health care, security, education, and people-to-people exchanges.

Tuyen noted that three US-invested projects are underway in the Mekong Delta city, with a combined capital of 10 million USD.

In the first four months of 2025, Can Tho earned 48.15 million USD from exports to the US, with key products including farm produce, processed goods, garments, handicrafts, and steel. However, he acknowledged that overall trade ties remain modest, with annual exports to the US totalling around 200 million USD.

He also highlighted meaningful US assistance for Can Tho in various areas such as education, health care, and social welfare. In addition, Can Tho maintains a cooperation agreement with Riverside city in California.

Tuyen informed the Consul General about the planned merger of Can Tho with the neighbouring provinces of Hau Giang and Soc Trang in early September. The administrative unit reorganisation is expected to expand the city's population to over four million and its area to approximately 6,000 sq km, creating new space and momentum for development.

This transformation will open up new opportunities and unlock local potential as Tran De Port, which is currently located in Soc Trang, offers improved international trade access for local and regional goods, he said.

For her part, Consul General Burns noted that 2025 marks the 30th anniversary of Vietnam – US diplomatic ties. She highlighted key milestones in the relationship, including the establishment of diplomatic relations in 1995, the launch of the comprehensive partnership in 2013, and the elevation of ties to a comprehensive strategic partnership in 2023 – a landmark that sets the stage for deeper and more substantive cooperation.

She added the US Consulate General is working with the Can Tho Union of Friendship Organisations to organise the Vietnam – US Friendship Festival, scheduled for September 13 in the city.

Burns praised the expanding partnerships between Can Tho University and American institutions in the education sector. She also expressed interest in the future economic orientation and policies concerning religious and ethnic affairs following the merger of Can Tho, Soc Trang, and Hau Giang./.

VNA

See more

Hai Phong targets 4.3 billion USD in FDI in 2026 (Photo: VNA)

Hai Phong city targets 4.3 billion USD in FDI in 2026

Hai Phong’s investment appeal is underpinned by a rapidly expanding development space, including the Southern Coastal Economic Zone covering more than 20,000 hectares, a planned free trade zone, deep-water ports at Lach Huyen, and 12 industrial parks newly established in 2025.

The relocation of check-in counters aims to better meet the travel needs of residents and visitors. (Photo: VNA)

Vietjet shifts domestic check-in at Tan Son Nhat from January 13

During the recent New Year 2026 holiday peak, Vietjet added 380 flights, equivalent to nearly 78,000 additional seats, on many key domestic routes linking Hanoi and Ho Chi Minh City with destinations such as Vinh, Thanh Hoa, Hai Phong, Da Nang, Phu Quoc, Nha Trang and Da Lat.

Commercial banks are providing approximately 88% of total green credit outstanding in Vietnam. (Photo: nhandan.vn)

Capital sources expanded for sustainable growth

According to the State Bank of Vietnam (SBV), by the end of November 2025, outstanding green credit was estimated at around 750 trillion VND (28.55 billion USD), with an average growth rate exceeding that of overall credit in the economy.

Customers select goods at a supermarket. (Photo: VNA)

Retail market expands sharply, sustainability challenges persist

According to a report on recently released by the Ministry of Industry and Trade’s Agency for Domestic Market Surveillance and Development, the size of the market reached more than 7 quadrillion VND (about 266 billion USD) in 2025, up around 10% compared with 2024.

Oil rigs at the Bach Ho oil field. (Photo: VNA)

Resolution 79: State economy to lead growth

Resolution 79 is described as a “clear action declaration” by the Politburo, saying the state economy is not only responsible for maintaining macroeconomic stability, but must also become the force leading a new growth model that is green and sustainable.

Workers at Garment 10 Corporation produce apparel for export. (Photo: Nhan Dan)

Vietnam leverages export advantages within RCEP region

In 2025, seafood exports to China alone exceeded 2.2 billion USD, up about 33% compared to 2024. Shipments to Japan fetched nearly 1.7 billion USD, a year-on-year increase of 14.6%, while those to the Republic of Korea and Australia grew by 9.6% and 3.2%, respectively.

Certificates of membership in the Vietnam International Financial Centre in Da Nang are awarded at the conference on January 9. (Photo: VNA)

Da Nang continues targeted investment promotion approaches

According to Chairman of the Da Nang People’s Committee Pham Duc An, the city prioritises building sustainable economic ecosystems and focuses on key breakthrough sectors with strong spillover effects, including high technology and digital transformation, logistics, urban infrastructure, finance, processing and manufacturing industries, high-tech agriculture, and the pharmaceutical and medicinal herb industry.

In 2025, Hyundai sales reached 53,229 vehicles across the Vietnamese market. (Illustrative photo: Yonhap/VNA)

Hyundai sales in Vietnam rise almost 23% in December

In 2025, sales reached 53,229 vehicles across the market, a result considered a testament to the efforts by TC Group, Hyundai Thanh Cong, and the entire Hyundai dealership network nationwide amidst a volatile market.

Hydroponic vegetable cultivation model at the High-Tech Agricultural Park (Photo daibieunhandan.vn)

HCM City accelerates shift toward ecological urban agriculture

​The city’s agricultural sector is undergoing a strong transformation, restructuring toward higher value-added and sustainable development. In recent years, the sector has maintained steady growth, with agricultural, forestry and fisheries output rising by an estimated 2.5% annually.