Economy

Currently, many farmers in Long An province have begun growing vegetables and fruits to serve the Lunar New Year market in 2025.

Vietnam remained Singapore's 5th largest exporter of aquatic products for three straight quarters, the Vietnam Trade Office in the city-state has said.

Building and developing green agriculture will contribute to reducing greenhouse gas, protecting the environment, and increasing farmers' income.

In the era of globalisation, e-commerce is rapidly becoming a popular shopping channel in Vietnam. However, the strong presence of international e-commerce giants poses significant challenge.

Despite a modest influx of foreign direct investment (FDI) in the real estate sector since early 2024, Savills Vietnam sees a silver lining in the surge of FDI into high-tech manufacturing.

Since 2016, the Long An's agricultural sector has focused on building a 60,000 hectare high-tech rice area in districts and towns in the Dong Thap Muoi region.

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.

In Resolution of the 11th Party Congress, term 2020-2025, Long An identified developing high-tech agriculture associated with restructuring the agricultural sector as one of the three strategic breakthroughs.

In 2024, trade promotion activities of Long An province are continue to be innovated and promoted with diverse and flexible forms, thereby expanding the export market for goods.

The Vietnam Institute for Economic and Policy Research (VEPR) expects the country's GDP growth in the fourth quarter of 2024 to reach 7.4%, thus meeting the 7% target for the whole year set by the Government.

Vietnam and the European Union are key partners in green transition and sustainable development, said participants at a plenary session of the Green Economy Forum and Exhibition (GEFE 2024).

Trade promotion, support for enterprises, production and business establishments, cooperatives, etc, are being strengthened by Long An province, contributing to connecting markets and finding trading opportunities.