Economy

Since the beginning of 2023, the export situation of many agricultural products in the province is quite positive. However, farmers and businesses need to continue to improve the quality and ensure product traceability.

Revenue in the luxury goods market in Vietnam will amount to 957.2 million USD in 2023, and grow annually by 3.23% in the 2023-2028 period, according to Statista, a statistics portal for market data.

Vietnamese bird's nests see great potential for export to Chinese market as people in China and Chinese communities in other countries across the world spend about 5 billion USD on bird’s nests and products made from them.

The project of sustainable development of 1 million hectares of high-quality specialized rice in association with green growth in Mekong Delta region aims to form a large and stable commodity raw material area.

According to Acting Director of Department of Planning and Investment - Truong Van Liep, currently, there are nearly 700 hectares of clean land available for lease in industrial parks in the area.

Green growth has become an inevitable choice and a goal that every country is aiming for. This is a new approach in economic growth, towards harmonious socio-economic development.

Vietnam will officially run a carbon trade exchange in 2028, according to a draft project on the development of a carbon market in Vietnam conducted by the Ministry of Natural Resources and Environment.

According to numerous agricultural experts, 2024 is projected to experience severe droughts, water shortages and saltwater intrusion due to the impact of El Nino.

On May 17, Vice Chairman of Provincial People's Committee - Nguyen Minh Lam had a meeting with People's Committee of Can Giuoc District to survey the progress of Nam Tan Tap Industrial Park project.

Firms in supporting industries in Vietnam are in desperate need of high-qualified and skilled workers in addition to solutions regarding capital and raw materials.

Recently, the conversion of inefficient rice land to other crops in the Dong Thap Muoi region of Long An province has been showing positive results.

As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.