Want to be in the loop?
subscribe to
our notification
Business News
CÀ MAU PROVINCE EXPORTS SURPASS $1 BILLION IN FIVE MONTHS
Cà Mau Province's exports exceeded US$1 billion in the first five months of 2026, driven by strong growth in seafood and fertiliser shipments.
Workers process black tiger shrimp for export at Minh Phú Seafood Corporation in Cà Mau Province. — VNA/VNS Photo
CÀ MAU — Cà Mau Province's exports exceeded US$1 billion in the first five months of 2026, driven by strong growth in seafood and fertiliser shipments.
They were up 14.4 per cent year-on-year and equivalent to 38.2 per cent of the full-year target, according to the provincial People's Committee.
Seafood remained the largest contributor, accounting for nearly $901 million and up 7.5 per cent from a year earlier.
Fertiliser exports surged 93 per cent to $142.7 million, the highest increase.
Most sectors posted solid growth during the period, with aquatic production rising 7.1 per cent to 494,500 tonnes, rice output holding steady at 1.16 million tonnes and industrial production increasing 9.4 per cent.
Electricity generation, however, declined 3.6 per cent to 3.31 billion kWh due to supply disruptions caused by tensions in the Middle East.
Consumer demand remained strong, with retail sales of goods and services rising by 18.7 per cent to VNĐ66.4 trillion (US$2.5 billion).
The chairman of the province People’s Committee, Lữ Quang Ngời, has instructed agencies at all levels to speed up key projects and public spending and mitigate obstacles faced by production activities.
The province is working to diversify export markets and products, expand trade promotion, and derive greater advantage from free trade agreements.
It is working towards achieving exports of $2.8 billion and double-digit economic growth this year. — VNS
Source: VNS
Related News
MEMBER CORNER / PROMOTIONS
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
TECHNOLOGY
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
GARMENT / TEXTILE
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
LEGAL UPDATE / POLICY
FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH
Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.
Events Sponsors
