Economy

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.

2023 is a successful year for Vietnam’s rice shipment as export volume and prices hit an all-time high of 8.3 million tonnes and 4.78 billion USD.

Although Vietnamese rice has been exported to 150 countries and territories, markets for the product are mainly Asian countries and thus need to be diversified, according to experts.

Coconut industry is playing a very important role in the socio-economic development of Vietnam and should be considered an indispensable part of the country's development strategies.

The Mekong Delta province of An Giang on January 5 exported a total of seven tonnes of green-peel elephant mango (Mangifera Indica) to Australia and the US.

Long An always deploys guidelines and policies on supporting to promote the development of startup and innovation ecosystems.

The Ministry of Oceans and Fisheries (MOF) of the Republic of Korea (RoK) said on January 5 that it has kicked off a corporate body in Vietnam, paving the way for the operation of a logistics centre.

Without a long-term strategy and faster localisation, Vietnam’s energy sector could very well fall short in the competition for renewable energy market share on home ground, said industry insiders and experts.

As much as 579.8 trillion VND (23.77 billion USD) worth of public investment was disbursed last year, equivalent to 73.5% of the yearly plan and nearly 82% of that assigned by the Prime Minister.