Economy

In 2019, the total retail sales of goods and service revenue in Long An province reached nearly 90,000 billion VND, reached 101.2 percent of the plan and up 14.9 percent over the same period.

Truong Hai Auto Corporation (Thaco) held a ceremony in the central coastal province of Quang Nam on December 28 to hand over 15 Vietnamese branded buses for export to the Philippines.

Long An had 5 solar power plants in operation, connected to the national electricity grid and generated nearly 122 million kWh.

Truong Hai Auto Corporation (Thaco) has said it will to export 1,026 cars to Thailand and Myanmar in 2020, the car maker has said.

Director of the Road Administration Department IV - Nguyen Van Thanh has just proposed the Vietnam General Department of Road to repair the Trung Luong- Ho Chi Minh City expressway.

Dong Thap province, the Mekong Delta’s largest mango producer, plans to increase the area under the fruit to 10,000ha next year, a top agriculture official has said.

The European Union-Vietnam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Vietnam's logistics industry, said a trade official.

Long An province has developed more and more strongly and gradually affirmed its important position in the Southern Key Economic Region in particular and the whole country in general.

Vietnam’s cashew sector aims to earn 4 billion USD in export turnover in 2020.

Snacks are replacing traditional meals as busy modern life changes consumer behaviour, making the snack market lucrative globally including in Vietnam, experts said.

Vietnamese businesses should prepare to deal with potential trade barriers that could arise early next year when the European Union-Vietnam Free Trade Agreement takes effect, experts have said.

According to the Director of the Tax Department of Long An province - Cao Van Tao, by December 19, the total domestic revenue is 13,650 billion VND.