The provincial leaders meet and learn about production and business activities at Songwol Vina JSC (Tan Duc Industrial Park)
Up to now, the total number of registered FDI projects in the province is 994 projects, with a registered capital of over US$ 6.1 billion. Currently, there are 576 FDI projects in operation with a total working capital of about US$ 3.6 billion.
With the above results, for many years, Long An has always been the leading province in the Mekong Delta region and one of the localities in the top FDI attraction across the country.
Workers are working at Semitec Electronics Vietnam Co., Ltd (Tan Kim Industrial Park)
There are 38 countries and territories investing in Long An. In which, investors from Taiwan, Korea, Japan, China, Thailand, USA, Singapore, Malaysia, etc. account for a large number.
Sectors that attract large foreign investment: Garment, footwear, food processing, food and beverage processing. These FDI projects are concentrated in the key economic regions of the province, in adjacent to Ho Chi Minh City such as Duc Hoa, Ben Luc, Can Duoc, Can Giuoc districts and Tan An City.
The above results are thanks to Long An province's ability to bring into play the local potentials and advantages, strategic geographical location, and clear legal policies. This is a remarkable result because in recent years, Long An province has focused on building traffic infrastructure, completing infrastructure of industrial parks and clusters, implementing tax policies and compact administrative procedures.
Currently, the province are strengthening the management of FDI projects, effectively using FDI capital for the purpose of sustainable development. Over the past 8 months, the provincial functional departments have strengthened reviewing the progress of investment projects, thereby revoking 23 foreign investment project with a capital of US$ 110 million and terminating operation of 55 domestic projects with an area of 1,851 hectares./.
Reported by Mai Huong
Translated by Lan Vy