Economy

Secretary of the Provincial Party Committee, Chairman of the People's Council of Long An Province - Nguyen Van Duoc and the delegation visited, encouraged and gave New Year greeting to businesses in Ben Luc district.

Despite decreases in both imports and exports, the country still enjoyed a trade surplus of 3.6 billion USD in the first month of 2023, according to the General Statistics Office (GSO).

The Ministry of Finance said tax support policies and land-use fee reductions for businesses should be continued throughout 2023 despite shortfalls in state budget collection.

The urban space development plan of Ben Luc district up to 2030 will follow the model of an urban network and an urban chain in the corridor area of National Highway 1.

Although 2023 is forecast to see many difficulties, experts expect this is a recovery year of the retail sector after COVID-19 pandemic as there are many signs showing the return of investors and higher demands.

Developing the country's mechanical industry sector is a top priority for Vietnam in the coming decades, said industry insiders and experts.

During the Tet (Lunar New Year) festival, it is a tradition for Vietnamese families to put up ornamental plants outside and around their houses to liven up the atmosphere.

Business leaders are calling for increased efforts from government agencies to implement crucial business environment reforms in the coming year.

In 2023, the Industry and Trade sector is striving to successfully implement the main tasks and targets set out in the plan.

The Vietnamese retail sector has recovered to the pre-COVID-19 level, with 53.8% of total retailers reporting similar or better business outcomes, according to Vietnam Report JSC.

Vietnam exported nearly 7.2 million tonnes of rice worth 3.49 billion USD last year, including many shipments navigating demanding markets such as Japan and the European Union (EU).

In continuation of moving their production hubs, this year many of the giants in the world of technology and electronics have announced business expansion plans in Vietnam.