State budget collections in Long An exceeded 10,000 billion VND for the first time ever in 2017, marking an important milestone in its economic development, as exponential growth has been posted ever since. The province estimates that budget collections for this year will amount to nearly 16,900 billion VND. Long An is now a foreign investment magnet in the region, with nearly 1,100 FDI projects and total capital of over 6.6 billion USD.
It has also set a target of maintaining its leading position in the Mekong Delta region in terms of economic growth to 2025 and being among the best-developed provinces in the Southern Key Economic Region by 2030.
Its encouraging achievements can be attributed to the efforts of local authorities to improve the business climate, especially via administrative reforms.
Long An has set a target of posting annual economic growth of 9.2 to 10% in the 2012-2025 period, and for per capita gross regional domestic product (GRDP) to stand at over 5,100 USD by 2025.
Given the determination of local people and authorities, Long An is certain to become an attractive destination for investors in the future./.
