Want to be in the loop?
subscribe to
our notification
Business News
KIEN GIANG CALLS FOR INVESTMENTS IN 55 PROJECTS TO MITIGATE NATURAL DISASTERS
The southern province of Kien Giang is calling for investment in 55 projects meant to cope with climate change and prevent natural disasters and coastal and riverine erosion.
The newly approved projects include 14 in transportation, 15 in agriculture and irrigation, 20 in water supply, two in water drainage, three in wastewater treatment, and one in solid waste treatment.
One of the transport projects will build a 3.1km road along the western coast of Phu Quoc island at a cost of 2.2 trillion VND (86 million USD).
Another is an erosion-prevention embankment along Vinh Thuan Yen beach in Ha Tien city.
The 6.3km dyke will cost 640 billion VND (27 million USD) and help cope with climate change and seawater rise, beautify the city’s urban area and foster tourism.
Kien Giang has mobilised investment from various sources in recent years for projects to cope with climate change and natural disasters, and they have proven effective, helping improve people’s livelihoods and fostering socio-economic development, according to its People’s Committee.
It has built 37 irrigation sluices in the western sea dyke, and they are functioning effectively.
Another 18 sluices and freshwater reservoirs are being built on Phu Quoc and islands in Kien Hai district, and various saltwater prevention projects along the coast in Rach Gia city and Chau Thanh and Kien Luong districts.
The province has asked the Government for funding for three urgent projects required for coping with climate change and preventing saltwater intrusion in rivers.
To cost a total of 2.85 trillion VND (122 million USD), they include a saltwater prevention project in the western sea in Kien Luong and Chau Thanh districts, construction of 16 sluices in An Bien and An Minh districts, and building and upgrading water supply works in rural areas.
Source: VCCI
Related News
VIETNAM RISING STAR: CONNECTING GLOBAL CAPITAL TO VIETNAM'S HIGH-GROWTH FRONTIERS
Vietnam stands at a pivotal inflection point as global supply chains reconfigure and capital seeks resilient, innovation-driven markets. HKBAV is proud to support the exclusive Inbound Investment Forum "Vietnam Rising Star: Connecting Global Capital to Vietnam's High-Growth Frontiers", bringing together global investors, corporate decision-makers, and financial experts to unlock the next wave of foreign direct investment and strategic M&A opportunities in Vietnam!
VIETNAM GO GLOBAL: MASTERING OUTBOUND INVESTMENTS & EXPANSION FROM LOCAL TO GLOBAL
Vietnamese enterprises are increasingly looking beyond domestic borders to scale on the international stage. HKBAV is proud to support the exclusive Outbound Investment Forum "Vietnam Go Global - Mastering Outbound Investments & Expansion from Local to Global", bringing together influential corporate decision-makers, global investors, and financial experts to navigate the practicalities of cross-border expansion!
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
























