Economy

The businesses and entrepreneurs community in Long An are always creative, innovative, striving to overcome difficulties, maintaining and expanding production and business activities.

The successful conversion of coal power projects to liquefied natural gas (LNG) is necessary to ensure energy security and help Vietnam achieve its goal of net-zero emissions by 2050, said industry experts and insiders.

Indonesia’s selection of Vietnam as a major source for its rice purchases has further solidified the position and quality of Vietnamese rice, said the Vietnamese Trade Office in Indonesia.

Despite a continued decrease in export turnover in the first eight months compared to the same period last year, the textile and garment industry has shown numerous signs of recovery and opportunities.

After a tough period with a continuous decline in orders, from September, seafood producers and exporters have become busier thanks to the recovery of orders for year-end festive season.

With the growth of e-commerce, Vietnam has become a destination for many manufacturing and logistics firms, which is coupled with a high demand for high-quality logistics real estate.

On October 9, Secretary of Long An Provincial Party Committee - Nguyen Van Duoc and representatives of provincial departments received the courtesy visit from leaders of Yumoto Vietnam Co. Ltd.

Long An province ranks 5/63 provinces and cities nationwide in terms of number of projects and 7/63 in terms of newly registered capital of FDI projects according to the report of the General Statistics Office.

A seminar was held by the Vietnam Trade and Industry Review in Hanoi on October 6 to discuss how to connect with the EU firms and make the best use of the EU-Vietnam Free Trade Agreement (EVFTA).

Recently, functional sectors of Long An province have coordinated to put agricultural products on the e-commerce platforms to promote and expand consumption markets.

Vietnam set a new record in rice export revenue in the first nine months of 2023 thanks to the increasing price of exported rice, according to the Ministry of Agriculture and Rural Development.

Deputy Prime Minister Le Minh Khai has recently signed a Prime Minister decision regarding the reduction of land rental fees for 2023.