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Ca Mau farmers cultivate rice seedlings in a shrimp farming area. (Photo: VNA)
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The provincial People’s Committee said that in this plan, suitable production models applying advanced technology will be promoted to improve productivity, output, and quality, helping enhance shrimp products’ competitiveness, adapt to climate change, and protect the environment to benefit farmers, businesses, and the economy.
Ca Mau eyes 1.4 billion USD in shrimp exports by 2025, about 1.65 billion USD by 2030, and 6 billion USD by 2050.
The plan also includes detailed criteria for selecting zones suitable for each form of farming to sustainably develop the shrimp industry.
Besides, Ca Mau devised a plan to enhance the aquatic processing capacity by boosting modern technology application with the aim of raising the volume of processed products to 176,000 tonnes by 2030.
In particular, it is set to restructure aquatic products to raise the proportion of those with added value to 75 - 80% and reduce the share of semi-processed ones to less than 20 - 25%.
The province will maintain traditional markets and explore new and potential ones. It targets that by 2030, shipments to the EU will account for some 17% of its aquatic export turnover, Japan 20%, the US 20%, and China and other markets 43%.
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| Ca Mau will promote suitable production models applying advanced technology to improve productivity, output, and quality. (Photo: VNA) |
Data from the Vietnam Fisheries Society show that shrimp has been a staple of the country’s fisheries sector as well as agriculture for many years. Each year, it generates nearly 4 billion USD in overseas shipments and contributes to about 45 - 50% of total aquatic exports.
Vietnam is currently one of the four biggest shrimp producers in the world, together with Ecuador, India, and Indonesia. Ca Mau boasts the largest shrimp farming area – about 280,000ha compared to its total aquaculture area of 303,000ha, and an estimated output of 243,000 tonnes.
Canadian companies interested in Vietnam’s digital health market
The Canada - Vietnam Chamber of Commerce recently held a conference in Montreal city to introduce medical researches and the medical technology companies planning to access the Vietnamese market, said the Vietnam News Agency.
The Canada - Vietnam Chamber of Commerce recently held a conference in Montreal city to introduce medical researches and the medical technology companies planning to access the Vietnamese market.
Lawyer Nguyen Trung Hieu, Managing Director of Med Novum, said there are opportunities and demand for digital health in Canada and Vietnam.
He noted that the North American country possesses science and technology but faces difficulties in terms of production cost. Its businesses need a destination for their new medical technologies and equipment, and Vietnam is a good choice, especially when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), to which both countries are parties, already came into force.
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The conference is held in Montreal city by the Canada - Vietnam Chamber of Commerce.
(Source: Tin tuc Newspaper) |
Besides, Vietnam is amending the regulations on the health sector to facilitate the development of highly interactive digital health, Hieu said, adding its digital health market has attracted many domestic and foreign companies since the Vietnamese Government made commitments on promoting digital health.
Nam Hoang, CEO of the Canada - Vietnam Chamber of Commerce, said the chamber has a number of big partners, and it’s now good time for connecting the two countries, particularly after the opening of an Export Development Canada office in Vietnam.
Digital health is one of the sectors growing strongly in both countries. The conference, which was attended by many influential representatives of Canada in the fields of health care, education and technology, aimed to seek ways for them to access Vietnam’s digital health market in the time ahead, he said.
The Canada - Vietnam Chamber of Commerce, gathering many large Canadian businesses planning to expand operations to Vietnam, has made substantial contributions to bilateral trade, which surpassed 10.3 billion USD in 2023.
Festival promotes Vietnamese culture in Japan
The Vietnam Festival in Japan 2024 opened at Yoyogi park in Tokyo on June 1 with art and cultural performances and over 130 booths showcasing typical Vietnamese products, the Vietnam News Agency reported.
Over the past 15 years, the festival has become the largest cultural event most awaited by the Vietnamese community in Japan and local residents.
The opening ceremony saw the attendance of former Japanese Prime Minister Fukuda Yasuo, Chief Representative of the Komeito party Yamaguchi Natsuo, and Minister of Education, Culture, Sports, Science and Technology Masahito Moriyama, along with Vietnamese Ambassador to Japan Pham Quang Hieu, Deputy Minister of Culture, Sports and Tourism Nguyen Thi Thuy, representatives from associations, among others.
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| Delegates at the opening ceremony of the festival. (Photo: VNA) |
Speaking at the event, Ambassador Hieu highlighted that the annual Vietnam festival in Yoyogi park has become Vietnam's cultural brand in Japan. He hoped that friendly exchange activities like the festival will help promote cultural cooperation and people-to-people exchange as well strengthen trust and mutual understanding between Vietnam and Japan.
For his part, Minister Masahito Moriyama highly valued the efforts of the festival’s organising board and the Vietnamese Embassy in Japan for successfully organising the festival over the past years.
He said his ministry will continue to coordinate with Vietnamese ministries and localities to further promote cooperation in fields and optimise the role of Vietnamese alumni in Japan.
In addition to more than 130 booths of Vietnamese and Japanese companies, organisations, and individuals, the two countries’ popular art troupes and bands performed at the event. In particular, residents of Tokyo and foreign tourists are very interested in the Vietnamese water puppet shows.
The festival which runs until June 2 is expected to attract hundreds of thousands of visitors.
VinFast signs agreements with first dealers in Philippines
Vietnamese EV maker VinFast has announced the signing of cooperation agreements with the first four Philippine dealers, paving the way for a strong retail network and solidly establishing the company's presence in the Southeast Asian country's electric vehicle market, said the Vietnam News Agency.
At the company's brand launch event held in Manila on May 31, VinFast officially signed cooperation contracts with the four dealers - EV Solutions, K1 Prestige Bay Motors Inc, and Autoflare Corporation, all headquartered in Manila; and MNV Auto Group Inc., headquartered in Iloilo city. The first VinFast showrooms are expected to open in Manila at the end of June 2024.
The dealers will start selling the VF 5, VF e34, VF 7, and VF 9 models as soon as they are launched in the market. The first cars are expected to be delivered to Philippine customers in the third quarter of this year.
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| A large number of visitors attend the VinFast brand launch event in the Philippines. (Photo: VNA) |
VinFast is considering the introduction of the popular Vietnamese mini e-SUV and the VF 3 to the Philippine market. Additionally, the company is researching the potential for electric motorbikes and electric bicycles. To address the varying needs of Filipino consumers, VinFast will offer both car purchases with batteries and a unique battery subscription policy. This subscription option aims to lower the initial cost of electric vehicles, making them more accessible to Filipino consumers.
Furthermore, VinFast sets itself apart with a market-leading after-sales policy in the Philippines. This includes a 7-10 year warranty on vehicles. For those who choose the battery subscription policy, VinFast will offer a free battery replacement and maintenance programme if the battery capacity falls below 70%. This comprehensive plan provides peace of mind for Filipino customers throughout their ownership journey.
To accelerate the Philippine market entry, VinFast plans to open dozens of dealerships across the country in 2024. These stores will be strategically located on major roads in Manila and other key cities, catering to the Philippines' growing middle class and the increasing demand for electric vehicles.
The Philippines becomes the third Southeast Asian market VinFast has entered in the first half of 2024, following Indonesia and Thailand. This rapid expansion strengthens VinFast's position in the region and demonstrates the company's ability to quickly accelerate its presence.
In 2024, VinFast is making a strong push into international markets, including the US, Canada, Europe, as well as Asian countries like India, Indonesia, and Thailand. The company is also exploring the Middle East and African regions./.