Economy

The Ministry of Transport said that it will push investors and project management boards to quickly finalise procedures to launch construction of 10 projects and complete nine others within the second quarter of this year.

Long An delegation continued investment promotion activities, working directly with large enterprises wishing to invest in Long An in the fields of finance and environment.

Thanks to the implementation of the strategic orientations of the Party and the State, Vietnam’s energy industry with three pillars of oil and gas, coal and electricity has developed strongly.

The General Statistics Office (GSO) on May 29 announced that the May consumer price index (CPI) increased by 0.01% month-on-month mostly due to increases in prices of food, electricity, and water.

Deputy Secretary of Provincial Party Committee, Chairman of Provincial People's Committee - Nguyen Van Ut led the delegation to visit and work with STS Development Group in Seoul, Korea.

A new government decree is expected to help remove difficulties for the domestic leisure property market, which is experiencing a 10-year low in demand, experts have said.

On May 26, a delegation of Long An province led by Deputy Secretary of the Provincial Party Committee - Nguyen Van Ut, visited the Pangyo Techno Valley in Gyeonggi Province, South Korea.

The Ministry of Transport (MoT) has requested more investment be prioritised for air and rail transport to the Central Highlands to ease pressure on road transport.

The Transport Ministry has just issued a plan for logistics development in the Southeast region to become more modern, consistent while ensuring national defense and public security.

On May 25, leaders of Long An Department of Planning and Investment attended Global Green Hub Korea 2023 (GGHK 2023) at Busan Convention and Exhibition Center.

Industry and Trade plays an important role in the economic development of Long An province, making great contributions to economic growth and state budget revenue.

Vietnam’s import and export turnover from the beginning of the year to now is more than US$230 billion, a decrease of 15.4 percent or $42.1 billion over the same period last year.