Long An – bright spot in investment attraction in industrial development
With appropriate strategies, open policies, promoted administrative reform, and upgraded transport infrastructure, Long An province is considered a bright spot in attracting investment in industrial development in the Southern Key Economic Zone and the Mekong Delta region.
Long An international port (Photo: nhandan.vn)Currently, Long An ranks third in the country in terms of industrial park scale; 13th in attracting foreign direct investment (FDI), and third in the Southern Key Economic Zone and first in the Mekong Delta region in attracting domestic investment.
According to Director of the provincial Department of Planning and Investment Huynh Van Son, the province has planned 41 industrial parks and nearly 80 industrial clusters, of which 18 parks and 23 clusters are already operating with over 1,560 businesses and 1,760 projects. Of the total, there are 849 foreign-invested ones with capital totaling 5.6 billion USD, and 913 domestic ones worth nearly 113.59 trillion VND (4.8 billion USD).
Head of Long An’s management board of economic zones Nguyen Thanh Thanh said that this year, enterprises in industrial parks have contributed over 5.6 trillion VND to the State budget.
To attract more foreign investors, Long An has set up the KOCHAM (Korean Chamber of Commerce) Club in the province, held a trade and investment promotion workshop with Korean companies, and dialogues with Japanese firms, received delegations of foreign enterprises, and sent delegations to promote investment in the Republic of Korea, Japan and Australia.
Vice Chairman of the provincial People’s Committee Nguyen Minh Lam said that the province will stand side by side with businesses to help them promptly deal with difficulties, step up administrative reform and digital transformation to better serve enterprises and individuals, and focus on training high-quality human resources.
Long An will continue promoting its potential and advantages of industrial zones, seaports and border gates to gain rapid and sustainable development, he added./.
You should also see
Dien Bien Phu Victory echoes, 70 years on
Seventy years ago, Vietnam won the Dien Bien Phu battle, forcing the French government to sign the Geneva Agreement in July 1954 and marking the end of the French military presence in the whole Indochina.
See more
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
