Economy

In recent times, trade activities connecting supply and demand of safe agricultural products have been deployed and implemented effectively by departments, branches of Long An province and localities, enterprises, etc.

Although there are many opportunities to participate in the global value chain, the reality is that too few Vietnamese companies have taken advantage of this opportunity.

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.