Economy

In 2024, durian was a leading export among Vietnam’s fruits and vegetables, earning a record of 3.3 billion USD and accounting for 46% of the sector’s total export value.

Following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.

According to the Ministry of Agriculture and Environment, durian is becoming one of the fastest-growing industries in Vietnam. However, Vietnam’s durian exports depend almost entirely on the Chinese market.

It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership.

In recent times, in Long An province, the collective economic sector with the core being cooperatives has increasingly affirmed its role.

Ho Chi Minh City’s export processing zones, industrial parks have set an ambitious goal of attracting over 20 billion USD in investment during the 2025–2030 period.

Improving the investment environment, enhancing competitiveness with a focus on administrative procedure reform are among the key tasks to create an ideal investment environment.

The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.

Long An province focuses on attracting investment in treatment projects with modern, friendly technology, reducing impacts on the environment.

The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.

According to the Department of Finance of Long An province, the 2020-2025 period marks an important milestone in the total state budget revenue in the area.

Fertiliser products of the PVCFC are now available in over 20 countries, including demanding markets such as Australia and New Zealand.