HCMC’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9 percent compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Prime Minister Pham Minh Chinh on June 21 chaired a conference to announce the Master Plan and investment promotion program for the Mekong Delta in the 2021-2030 period, with the theme "Mekong Delta: New thinking - New vision - New opportunities - New values”.
Deputy Prime Minister Le Van Thanh has recently signed Decision No.1664/QD-TTg approving a project on marine aquaculture development till 2030 with a vision to 2045.
A recently-released survey conducted by the General Statistics Office of Vietnam shows that most enterprises are optimistic about the business situation in the last quarter of this year.
In recent years, many Vietnamese enterprises have invested heavily in the post-harvest processing stage. Although the results are still far from expectation, this is a necessary direction of the agricultural industry to make it develop sustainably and adapt more effectively to natural disasters and epidemics.
According to the Ministry of Planning and Investment, the manufacturing and processing industry saw a strong increase in foreign direct investment (FDI) capital in Vietnam with registered capital of more than US$12.09 billion, accounting for 72.2 percent of total newly-registered capital and South Korea continued to be the largest investor.
Vietnam has overcome India, the world’s largest and long standing cashew nut processing and export nation for 12 years, and now continues leaving the country far behind to become the new capital of the world’s cashew processing industry.