Economy

The latest biannual report from the US Department of Agriculture (USDA) forecasts a significant increase in global coffee production for the 2024-25 crop, driven by recovery in Vietnam and Indonesia's output.

Vietnam’s tax sector has collected a record-high revenue of 1.7 quadrillion VND (66.7 billion USD) for the state budget in 2024, the General Department of Taxation reported at a conference on December 19.

To realize this goal, the Provincial People's Committee has issued a Plan for Logistics Center Development in Long An Province to 2030, with a vision to 2050.

The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some 506 billion USD in 2025.

With many efforts in improving the investment environment, in recent years, Long An province has always been a bright spot in attracting investment, especially FDI capital.

All Vietnam's rubber’s top 15 export markets saw growth in export values in 2024, with Malaysia recording the highest increase, expanding fivefold, followed by Sri Lanka at 3.7 times.

At this time, many farmers in Can Giuoc district, Long An province are busy planting flowers to serve the Lunar New Year market.

Vietnam's textile and garment industry has fulfilled its 44-billion-USD export turnover target in 2024, an increase of over 11% compared to 2023.

Nowadays, farmers are increasingly aware of green and clean production, ensuring both consumer health and environmental protection.

With the openness of the economy as well as positive signals from the market, import and export activities in Long An province have continuously increased, contributing to local socio-economic development.

To building a green transport system, Vietnam will need nearly 14 billion USD to develop a network of charging stations, said insiders.

A forum on connecting coconut production and consumption took place in the Mekong Delta province of Ben Tre on December 13, to discuss ways to fully tap the potential of both domestic and international markets.