Economy

Carbon is an intangible commodity, but it is a product with significant value and potential for investment and business opportunities.

Vietnam's retail e-commerce market is estimated to surpass 25 billion USD in 2024, marking a 20% increase compared to the previous year, according to the Ministry of Industry and Trade.

In recent times, the Long An Province Department of Agriculture has actively supported farmers to promote mechanization and apply high technology in production associated with restructuring the agricultural sector.

In 2024, the Industry and Trade sector of Long An province maintains stable growth rates in its indicators, contributing positively to the overall economic development of the province.

Recently, in the agricultural sector, many new production models with good practices have been implemented, bringing efficiency, contributing to improving farmers' lives and increasing the value of agricultural products.

Vietnam’s efforts in expanding export markets for its fruits and vegetables in 2024 has paid off as for the first time, the export of these products has brought home 7.2 billion USD.

E-commerce has become a key driver of the digital economy, with an impressive growth rate of 25% in 2023, and is projected to account for 10% of total retail revenue by 2025.

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.