Economy

Vietnam's industrial production has shown signs of recovery and positive growth despite ongoing challenges, the Ministry of Industry and Trade has assessed.

According to Long An Department of Planning and Investment, currently, foreign direct investment (FDI) in the province comes from 40 countries and territories around the world.

On May 25, Thai Tuan Group Joint Stock Company (Thai Tuan Group) held a groundbreaking ceremony to build a textile product finishing factory in Duc Hoa III - SLICO Industrial Park, Duc Hoa district, Long An province.

On May 25, at Huu Thanh Industrial Park, Deputy Director of Long An Department of Planning and Investment - Tran Van Tuoi chaired a working session with the Vietnam Trade Delegation and Singaporean businesses.

On May 24, Climaveneta Chat Union Vietnam Refrigeration Equipment Co. Ltd. held the inauguration ceremony of an advanced manufacturing factory at Phuc Long Industrial Park, Long Hiep commune, Ben Luc district.

A workshop on investment-business connections with Vietnam was held in Seoul on May 22, opening a series of activities to support the global development for small- and medium-sized enterprises.

The Mekong Delta province of Dong Thap has achieved a significant milestone with its first-ever export of 15 tonnes of lotus root to Japan.

A ceremony took place in the Mekong Delta province of Soc Trang on May 22 to start a sustainable development project targeting one million hectares of high-quality and low-emission rice linked to green growth in the region.

Up to now, Can Giuoc district has 15 planting area codes issued with a total area of more than 110 hectares. Of which, rice has 2 codes with an area of 16.8 hectares; vegetables have 13 codes with an area of 93.2 hectares.

As many as 12,075 products under the One Commune - One Product programme across Vietnam have been rated three stars or higher, according to the Central Coordination Office for New-style Rural Area Development.

On May 21, the delegation of the Yamanishi - Vietnam Friendship Association and Yamanishi Provincial Enterprises (Japan) came to learn about the investment environment, conduct surveys and connect trade in Long An.

The personal financial assets market in Vietnam is forecast to reach hundreds of billions of US dollars in the next few years, providing significant opportunities for wealth management services.