Economy

Vietnam had attracted 39,140 foreign direct investment (FDI) projects with total registered capital of over 468.91 billion USD by the end of 2023.

Through many activities, programs and proactive implementation of measures and solutions, Long An is becoming an attractive, safe, friendly and effective investment destination.

Experts believed that the world and domestic economic situation in 2024 will continue to have difficulties and challenges.

Prime Minister Pham Minh Chinh and Indonesian President Joko Widodo co-chaired a high-level business dialogue in Hanoi on January 13 morning as part of the latter’s state visit to Vietnam.

The agriculture sector emerged as a firm pillar of the economy last year, setting a series of new records despite global market downturn.

Businesses in Long An province are trying to balance their finances, implement regimes and policies, to fully pay salaries and bonuses to employees on the Lunar New Year 2024.

Vietnam’s fruit and vegetable exports are expected to reach a new record of 6.5-7 billion USD this year, up 15-20% from 2023, propelled by robust market signs.

Nestlé Vietnam has decided to invest an additional 100 million USD in its Tri An factory in southern Dong Nai province, lifting total investment capital in the establishment to more than 500 million USD.

The 1.3-billion-USD LEGO factory is scheduled to start operation in 2024, Preben Elnef, Vice President of the LEGO Group and General Manager of LEGO Manufacturing Vietnam said at his meeting on January 9.

With its advantages and potential, Long An is focusing on synchronously implementing solutions to promote economic restructuring, improve growth quality, labor productivity and competitiveness.

The Vietnamese market is expected to welcome 230,500 more enterprises, both newly established and those resuming operations, in 2024, according to the General Statistics Office (GSO).

Agriculture has an important role to play in the cooperative ties between Vietnam and Canada, according to Canadian insiders.