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On the morning of February 22, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Long An province - Nguyen Van Ut chaired a working session with the Standing Committee of the District Party Committee and the People's Committee of Ben Luc district on the socio-economic situation. 2 months of 2024, listen and resolve proposals and recommendations from Ben Luc district to best perform the tasks in 2024. Participate in the work with leaders of a number of departments and branches of the province.  
 
According to information from the Provincial People's Committee, to date, the province has attracted 1,276 projects, with capital of more than 11 billion USD. With this result, Long An stands firmly in the top 10 leading provinces and cities attracting FDI inflows nationwide.  
 
On the afternoon of February 22, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Long An province - Nguyen Van Ut and other departments and branches had a meeting with the Standing Committee of the District Party Committee and the People's Committee of Duc Hoa district on the economic situation. socio-economic situation in 2 months of 2024. Thereby, in order to promptly remove difficulties related to local recommendations.  
 
The People's Committee of Long An province directs departments, branches, branches and localities to focus on solutions to remove problems, urge to promote implementation and disbursement of public investment capital in the first months of 2024.  
 
On the morning of February 22, the Department of Labor, War Invalids and Social Affairs held a Signing Ceremony of a Plan to coordinate in organizing Long An Province Job Fair in 2024 with the Provincial Young Entrepreneurs Association and Long An College.  
 
On the morning of February 22, Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee - Nguyen Minh Lam and representatives of departments, branches and branches of Long An province received and worked with Acuity Funding Fund (Australia) and Nam Thinh Investment - Construction Engineering Joint Stock Company came to find out information about provincial projects calling for investment.  
 
On February 21, Military Region 7's Command led by Major General Le Xuan The - Deputy Commander of Military Region 7 visited and inspected Team K73 before carrying out the second mission of gathering martyrs' remains in Cambodia, Phase XXIII (dry season 2023 - 2024). 
 
Enjoying a rise in orders, the garment and textile sector is optimistic about the completion of its target of earning 44 billion USD in export revenue set for this year. 
 
The One Commune One Product (OCOP) Programme has no longer been a pure poverty reduction measure for rural areas, but an important boost for Vietnamese agricultural products, connecting other industries for mutual development, thus bringing dual benefits for rural areas, according to experts. 
 
At this time, production activities at businesses have returned to full swing after the Lunar New Year break. All businesses expect a new year with the spirit of flying dragons, overcoming economic difficulties, developing better production and business, creating jobs and stable income for workers.  
 
 
  
  
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Vietnam exports shrimp to 100 countries, territories: AuthorityVietnam exports shrimp to 100 countries, territories: Authority
Vietnam is exporting shrimp to about 100 countries and territories across the world, according to the General Department of Fisheries under the Ministry of Agriculture and Rural Development.



Illustrative photo (Photo: VNA)

Speaking at the November 27 event on shrimp farming models and shrimp disease prevention held in the Mekong Delta province of Soc Trang on November 27, a representative from the general department said that in the 2010-2023 period, Vietnam had 644,000-737,000 ha of brackish water shrimp.

The country has emerged as the world's second-largest shrimp supplier, accounting for 13-14% of the total value in the world.

However, Vietnam's shrimp industry still has certain difficulties, for example low application of science and technology by farming households (only 18.9% of the total farming area), reliance on natural breeding sources, untightened linkages in the shrimp production chain, high production costs, and low competitiveness.

Director of the general department Tran Dinh Luan said that to boost the country's shrimp industry development, localities need to reorganise production to reduce small farming areas, and to apply technical processes to reduce production costs and improve the competitiveness of Vietnamese shrimp products.

Meanwhile, State management agencies need to strictly manage breeds, control feed quality and prices, and promote production methods that help increase the efficiency of shrimp farming./.

Source: VNA

29/11/2023 9:00 SAĐã ban hành
Long An promoted the implementation and disbursement of public investment right from the beginning of the yearNewLong An promoted the implementation and disbursement of public investment right from the beginning of the year
The People's Committee of Long An province directs departments, branches, branches and localities to focus on solutions to remove problems, urge to promote implementation and disbursement of public investment capital in the first months of 2024.


​According to Director of the Department of Planning and Investment - Truong Van Liep, in 2023, the Provincial People's Committee has allocated 9,845.9 billion VND for the public investment plan and by January 31, 2024, disbursed 9,779.4 billion VND, reaching 99.32 percent.

giải ngân đạt 17.41.jpg

By February 19, 2024, the province disbursed 1,272.62 billion VND, reaching 17.41 percent of the assigned plan

In 2024, the Prime Minister assigned a capital plan for Long An province of 8,649.38 billion VND; The Provincial People's Council assigned the State budget capital plan for 2024 in Resolution No. 75/NQ-HDND dated December 11, 2023, the total State budget capital for 2024 is equal to the plan assigned by the Prime Minister. The Provincial People's Committee has allocated 7,309.85 billion VND. By February 19, 2024, the province has disbursed 1,272.62 billion VND, reaching 17.41 percent of the assigned plan.

Long An promoted the implementation and disbursement of public investment right from the beginning of the year

The People's Committee of Long An province directs departments, branches, branches and localities to focus on solutions to remove problems, urge to promote implementation and disbursement of public investment capital in the first months of 2024.

According to Director of the Department of Planning and Investment - Truong Van Liep, in 2023, the Provincial People's Committee has allocated 9,845.9 billion VND for the public investment plan and by January 31, 2024, disbursed 9,779.4 billion VND, reaching 99.32 percent.

By February 19, 2024, the province disbursed 1,272.62 billion VND, reaching 17.41 percent of the assigned plan.

In 2024, the Prime Minister assigned a capital plan for Long An province of 8,649.38 billion VND; The Provincial People's Council assigned the State budget capital plan for 2024 in Resolution No. 75/NQ-HDND dated December 11, 2023, the total State budget capital for 2024 is equal to the plan assigned by the Prime Minister. The Provincial People's Committee has allocated 7,309.85 billion VND. By February 19, 2024, the province has disbursed 1,272.62 billion VND, reaching 17.41 percent of the assigned plan.

Reported by Thanh My

Translated by NT

23/02/2024 9:00 SAĐã ban hành
Efforts to complete disbursement of public investment capitalEfforts to complete disbursement of public investment capital
According to Director of the Project Management Board for Construction Investment of Civil and Industrial Works in Long An province - Tran Ba Phuoc, the Board focuses on measures and solutions to ensure completion of the disbursement schedule of public investment capital according to plan.

giải ngân vốn đầu tư công 2023.jpg

The Project Management Board for Construction Investment of Civil and Industrial Works in Long An province ensures to complete the disbursement of public investment capital in 2023 (In photo: Basic Traditional Medicine Hospital project disbursement 85 percent of capital plan in 2023)

In 2023, the Board will be allocated nearly 570 billion VND to implement projects. By the end of November 16, 2023, the Board disbursed nearly 72 percent of public investment capital, of which, capital allocated before July 31, 2023, disbursed over 78 percent; Additional capital for the project of 70 commune-level medical stations (delivered on August 4, 2023), disbursed nearly 52 percent; Additional capital for 2 projects outside the medium-term capital plan (delivered on September 18, 2023), disbursed over 84 percent. The disbursement rate of public investment capital of the Board is still not high compared to the plan due to problems with site clearance, so the implementation of some projects is still slow; Sand prices increase, affecting progress; Capital allocation is slow.

The Board will focus fiercely and coordinate to remove obstacles, ensure project progress as well as capital disbursement; organize a review of the entire project, adjust capital accordingly; Disbursement according to each remaining month; Accelerate bidding progress for equipment packages (mainly medical equipment);... ensure completion of the proposed disbursement plan for public investment capital in 2023./.

Reported by Chau Son

Translated by NT

28/11/2023 12:00 CHĐã ban hành
Long An tightens friendly relations and promotes comprehensive cooperation with Japanese partnersLong An tightens friendly relations and promotes comprehensive cooperation with Japanese partners
Receiving the invitation of the Mayor of Okayama City and organizations and businesses in Japan, the Labor Promotion and Local Connection Working Group of Long An province led by Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council - Nguyen Van Duoc is the head of the official delegation to visit and work in Japan from December 5 to December 9, 2023.

Attending the Working Group were Vice Chairman of the Provincial People's Committee - Pham Tan Hoa, along with leaders of departments, localities, and businesses of Long An province.

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Long An Province attended the talks and signed a Joint Declaration with Okayama City

Talks and signing of Joint Statement with Okayama City Government

On December 5, 2023, the delegation of Long An province attended the talks program with the Okayama City Government (Japan). Receiving the delegation were Mr. Masao Omori - City Mayor and Mr. Taguchi Iroshi - Chairman of Okayama City Council. The two sides discussed and introduced the socio-economic situation of Long An province and Okayama city; discuss cooperation contents in the future.

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Secretary of the Provincial Party Committee, Chairman of the People's Council of Long An province - Nguyen Van Duoc discussed at the meeting

Speaking at the conference, Secretary of the Provincial Party Committee, Chairman of the People's Council of Long An province - Nguyen Van Duoc said that the province currently has very abundant human resources, of which the number of people of working age is about 1.13 million. people, accounting for 65% of the province's population. The province's workforce is mostly young, diligent, willing to learn and quickly absorb scientific and technical knowledge to meet the requirements of recruitment, training, and labor supply for investors. including Japanese investors.

From 2020 up to now, Long An has sent more than 1,100 workers to work in the Japanese market, accounting for 89% of the province's total number of workers working abroad, actively contributing to improving the quality of human resources. human resources and improve workers' income. In the coming time, Long An will focus on attracting investment in processing and manufacturing industries such as electronic component production, precision mechanics, semiconductor industry, agricultural product processing, and clean energy. , pharmaceutical industry and medical equipment, biotechnology... Therefore, he wishes to continue to cooperate with localities in Japan, especially Okayama city to attract investment and train human resources. high-tech human resources for Long An province, as well as working in Japan.

Working with the Kofu Business Association of Yamanashi Prefecture

On December 6, 2023, the Provincial Delegation paid a courtesy visit and worked with the Kofu Business Association of Yamanashi Province. At the meeting, the Association introduced Yamanashi province as a locality with strengths in the fields of exporting grapes, peaches, wine, confectionery, gemstone cutting,... The Provincial Party Secretary proposed that the Association Association to research and promote cooperation between the two localities in the fields of processing, exporting agricultural products and exporting labor to develop together; Specifically, focus on investing in advanced and specialized equipment and technology to grow and export agricultural products and fruits; train and export labor resources to Japan to improve their qualifications, then return to work for Japanese businesses investing in Vietnam in general and Long An province in particular.

Previously, the Provincial Delegation visited and worked with Tazmo Company - an enterprise headquartered in Okayama Province and has invested in Long Hau Industrial Park, Long An Province since 2008. Secretary of the Provincial Party Committee Appreciate the Company in applying technological achievements in the field of semiconductor chip production, modern machinery and robots to serve the electronics industry. At the same time, we hope that the company will continue to research and expand the scale of investment in Long An, continuing to promote its central and pioneering role in the application of science and technology; Improve labor productivity in Long An province.

Working with large Japanese corporations such as Aeon, Nomura

In the work program on December 7, 2023, the delegation came to work at the Headquarters of Aeon Group - one of the world's leading retail groups. The Provincial Party Secretary highly appreciated Aeon Group's projects in Vietnam. Currently, Long An's banana products have been supplied to the Japanese market through the retail channel of the Aeon system. The Provincial Party Secretary requested the Group to research and increase the import of strong agricultural products. of the province (such as lemons, purple potatoes, rice, etc.) for widespread sale at Aeon retail supermarkets. Regarding the Aeon Shopping Center project in the province, the provincial leaders committed to closely monitoring and providing maximum support to the Group to quickly form a modern, large-scale shopping center in the province.

On the same day, the provincial delegation worked and surveyed at Nomura Group - one of Japan's leading real estate groups. After listening to the Group introduce its goals and investment orientations in Vietnam and Long An in the coming time, the Provincial Party Secretary highly appreciated and supported the cooperation of Nomura and Ecopark in researching project cooperation. Ecological urban area project in Ben Luc district. Discussing at the meeting, the Secretary informed more about the province's potential, strengths and development orientation, and hoped that the two sides would move forward to cooperate and invest in more high-class urban projects for the province. forming civilized, modern, livable urban areas in Long An province.

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Long An province delegation worked with Aeon Group

The year 2023 is an important milestone in the relationship between the two countries Vietnam - Japan when officially upgrading diplomatic relations to "Comprehensive strategic partnership". Contributing partly to the good relations between the two countries, Long An has continuously upgraded and expanded extensive and comprehensive cooperation with localities, organizations and businesses in Japan. The province is always committed to accompanying and creating the most favorable conditions for Japanese investors when coming to research and invest in projects in the province, especially projects in line with the province's sustainable development orientation. . From there, it brings practical results, ensuring harmonious benefits for both parties to develop and succeed together.

According to the schedule, the delegation is expected to pay a courtesy call and work with the Japan International Cooperation Agency (JICA); working with Sapporo Holdings Group; worked with Hitachi Zosen Group and surveyed waste treatment projects and operating models in Japan.

On the sidelines of investment and labor promotion work programs, the delegation visited and worked with Chaterraise Company, Grace Wine Company; Visit Sennomori Nursing Home; paid a courtesy visit to Ibaraki Prefectural Governor; met with leaders of the Okayama Department of Industry and Trade; Survey of waste treatment models at Seibu Okayama Waste Treatment Center, Fuji Clean Company, Waki Shoten.

At the end of the working sessions, Secretary of the Provincial Party Committee and Chairman of the Provincial People's Council - Nguyen Van Duoc invited Okayama city authorities and Japanese businesses to visit Long An for field surveys and cooperation. investment and trade cooperation with businesses in Long An province.

Reported by Truong Giang

Translated by NT

08/12/2023 4:00 CHĐã ban hành
Notice of invitation of interest in land-use investment project of Phuoc Vinh Tay New Urban Area, at Phuoc Vinh Tay commune, Can Giuoc district, Long An province Notice of invitation of interest in land-use investment project of Phuoc Vinh Tay New Urban Area, at Phuoc Vinh Tay commune, Can Giuoc district, Long An province
Department of Planning and Investment of Long An province invites the interested investors submit application for registration to implement project of Phuoc Vinh Tay New Urban Area, at Phuoc Vinh Tay commune, Can Giuoc district, Long An province with the following information:

1. Project name, investment objectives and investment scale of the project:

1.1. Project name: PHUOC VINH TAY NEW URBAN AREA

1.2. Investment objectives

- Concretize the socio-economic development goals of Long An province and Can Giuoc district, general planning of Phuoc Vinh Tay new urban area;

- Form a large-scale new urban development area along with typical highlight works to create great changes in architectural space and landscape for the region, make a difference and increase the competitiveness with other urban areas;

- Develop models of new urban, smart urban, ecological urban, and sustainable development. Have a role in supporting the functions of education, healthcare, commerce, mixed services, and housing; contribute to promoting socio-economic development in the Northern region of Long An province and the Northwest region of Ho Chi Minh City; At the same time, contribute to protecting the ecological landscape of the central urban sub-region of Ho Chi Minh City.

- Build a comfortable, modern and harmonious urban area with nature, capable of competing in resort, commercial and service values with other cities in the region and nationwide;

- Build and complete the synchronous urban technical infrastructure system, adapt to climate change in the area, minimize the impact on the current land area, ensure a long-term vision.

 

PEOPLE'S COMMITTEE

LONG AN PROVINCE

DEPARTMENT OF PLANNING AND INVESTMENT

____________

No. : 1834 /TB-SKHDT

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom – Happiness

__________________________________

Long An, December  27, 2023

1.3.      Investment scale of the project

The project has an estimated land use scale of about 1,089.6 ha and a population of about 89,960 people.

Expected output products of the project: Commercial house (in the form of housing construction according to rough handover standards): about 15,244 plots of land (in which: Townhouses: about 7,050 units; Villas: about 8,194 units); Social house: about 13,440 units; Resettlement house: about 2,370 low-rise houses.

2. Preliminary total project implementation costs: 80,079,000,000,000 VND (In words: Eighty thousand and seventy-nine billion VND), excluding compensation and resettlement support costs.

3. Preliminary costs for compensation, support and resettlement: 10,678,000,000,000 VND (In words: Ten thousand six hundred seventy-eight billion VND).

4. Project operation term: 50 years (from the date of decision on investor approval).

5. Project implementation progress: About 07 years (from the date of decision on investor approval).

6. Location of project implementation: Phuoc Vinh Tay commune, Can Giuoc district, Long An province.

7. Land area: about 1,089.6 ha.

8. Purpose of land use: Comply with the provisions of the law on land.

9. Deadline for submitting application for project implementation registration: Before 17:00PM of 02 February 2024.

10. Contact Information

Department of Planning and Investment of Long An province.

+ Address: 61 Truong Dinh, Ward 1, Tan An City, Long An Province.

+ Phone number: (0272) 3886 009 - (0272) 3826 199.

+ Fax number: (0272) 3825 044.

+ Email: skhdt@longan.gov.vn

- Other information about the project:

+ See the full information of the project at https://muasamcong.mpi.gov.vn and Notice of Invitation for Interest at https://skhdt.longan.gov.vn/

+ See Decision No. 1373/QD-TTg dated November 15, 2023 of the Prime Minister on approving the investment policy of Phuoc Vinh Tay New Urban Area project, Phuoc Vinh Tay commune, Can Giuoc district, Long An province; Decision No. 12173/QD-UBND dated December 22, 2023 of Long An Provincial People's Committee on approving the Preliminary Requirements on capacity and experience of investors registering to implement project of Phuoc Vinh Tay New Urban Area, Can Giuoc district, Long An province.

11. The interested investors wish to register for project implementation:

- Prepare documents according to the forms in the appendix attached to Decision No. 12173/QD-UBND dated December 22, 2023 of Long An Provincial People's Committee on approval of Preliminary requirements on capacity and experience  of the investor registering to implement project of Phuoc Vinh Tay New Urban Area, Can Giuoc district, Long An province.

- Must carry out procedures to be granted digital certificate on the National Bidding Network System.

- The investors submit the application for project implementation registration on the National Bidding Network System;

With the above content, Department of Planning and Investment of Long An province invites the interested investors to submit application for project implementation registration./.

QUYET DINH 12173.pdf

QUYET DINH 1373.pdf

THONG BAO MOI THAU.pdf

YEU CAU SO BO VE NANG LUC-KHU DO THI MOI PHUOC VINH TAY.pdf

Source: Department of Planning and Investment of Long An province

02/01/2024 11:00 SAĐã ban hành
Long An attracted more than 11 billion USD of FDI capitalNewLong An attracted more than 11 billion USD of FDI capital
According to information from the Provincial People's Committee, to date, the province has attracted 1,276 projects, with capital of more than 11 billion USD. With this result, Long An stands firmly in the top 10 leading provinces and cities attracting FDI inflows nationwide.

​Director of the Department of Planning and Investment - Truong Van Liep informed: Investment promotion, attraction, and support work continues to receive attention and implementation, the province has received and worked with many agencies and organizations, foreign corporations came to learn and survey the location of the investment project.

In particular, on February 19, 2024, Long An successfully organized the Meeting to celebrate the Year of the Dragon and the Gratitude Ceremony for Long An province's businesses. In February alone, the number of projects, domestic registered capital and FDI increased over the same period.

fdi 2024.jpg

To date, there are 1,276 projects in the province with capital of more than 11 billion USD

As for domestic investment, in February, nearly 100 new enterprises were established with a total capital of 1,012 billion VND (an increase of 10 percent). Accumulated from the beginning of the year, 258 new businesses were established (up 12 percent) with a total capital of 3,087 billion VND (up 137 percent). To date, in the province there are 17,204 businesses registered to operate with a total registered capital of 375,869 billion VND.

In addition, the province granted 04 new domestic investment projects (an increase of 02 projects) with a total investment capital of 2,112.9 billion VND; Accumulated from the beginning of the year, 05 new projects were granted with a total investment capital of 2,117.9 billion VND. To date, there are 2,210 projects in the province with registered capital of 300,377.9 billion VND.

As for foreign investment, the province granted 11 new foreign investment projects (an increase of 07 projects) with a total registered capital of 103.4 million USD (an increase of 49.6 million USD); Accumulated from the beginning of the year, 15 new projects were granted (an increase of 08 projects), with newly granted investment capital of 109.86 million USD. To date, there are 1,276 projects in the province with capital of more than 11 billion USD; Of which 635 projects are in operation, with a total investment capital of more than 4.2 billion USD./.

Reported by Chau Son

Translated by NT

23/02/2024 3:00 CHĐã ban hành
Businesses start the new year with flying dragon spiritBusinesses start the new year with flying dragon spirit
At this time, production activities at businesses have returned to full swing after the Lunar New Year break. All businesses expect a new year with the spirit of flying dragons, overcoming economic difficulties, developing better production and business, creating jobs and stable income for workers.


Expect the year of the dragon to prosper

Global Smart Steel Company Limited (GB Steel) has a factory in Hamlet 1, Tan Tay commune, Thanh Hoa district, Long An province. Although it has only been in operation since August 2023, the company's business results in 2023 are quite successful, revenue reaching 135 percent of the plan.

General Director of GB Steel Company - Nguyen Duc Huyen shared that the Company's Board of Directors has many years of experience in the steel structure manufacturing industry, and a team of highly skilled workers and laborers. At the same time, the Company owns a system of new and modern machinery and equipment. Currently, GB Steel is one of the leading enterprises in the steel structure market in Vietnam in particular and Southeast Asia in general.

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Workers at Toan Cau Smart Steel Co., Ltd. begin production and expect better business development in the new year

With impressive victories in production and business in 2023, GB Steel continues to be resilient, make efforts, and be ready to face challenges to achieve more achievements, exceeding most tasks, Production and business plan targets for 2024.

The Company's 2024 goal is to continue to maintain and create trust with customers by committing to quality and progress. In addition, the Company also promotes export markets to countries such as Norway, Australia, Sri Lanka, Japan, etc. According to the plan, at the end of February 2024, GB Steel will organize an exhibition and promote its products. products in Sri Lanka; April 2024 exhibition in the Philippines.

Mr. Nguyen Duc Huyen excitedly said that with consensus, solidarity, and a proactive and ready attitude, the GB Steel team will together conquer 2024 successfully as expected. Currently, all units and projects of GB Steel have entered production with urgency, full of determination with the spirit of the year of the dragon flourishing and the spirit of the flying dragon.

At the same time, this year, GB Steel also continues many programs for the community, social security, and remember the source when drinking water in the locality where the Company has its manufacturing and business factories.

Up to this point, more than 100 workers of NTV International Investment Company Limited (Thai Hoa Industrial Park, Duc Hoa district) have started production. The company specializes in producing many products such as bird's nest, coconut jelly, bird's nest aloe vera, pearl seeds, aloe vera,... serving the beverage market as well as export.

Currently, about 35 percent of the Company's products serve the domestic market and 65% are for export. Export markets include 10 countries such as England, Korea, Russia, Türkiye, Iran,...

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NTV International Investment Company Limited has signed many contracts and maintained orders until the end of 2024 in foreign and domestic markets

Project Director of NTV International Investment Company Limited - Tran Trung Vinh Thai shared that in 2023, due to the influence of the world and domestic economic situation, the company's business results will only grow by nearly 7% % compared to 2022. However, it is forecast that in 2024, the market will improve more as the company expands relationships with customers and enhances product marketing in other countries.

Focus on many business strategies

San Ha Company Limited (Thanh Phu commune, Ben Luc district) specializes in manufacturing and trading fresh and frozen poultry products and processed foods of all kinds. San Ha is a pioneering company in building and developing a safe food supply chain model from farm to table. San Ha's main product lines, in addition to poultry meat, in recent years, the Company has added processed food items such as fried chicken, sausages, pate, chicken balls, pork sausage, Chinese sausage, and duck sausage. ,… with F&B, AGF and Amy's brands.

According to General Director of San Ha Co., Ltd. - Pham Thi Ngoc Ha, all production and business stages of the unit have resumed operations to meet market demand. The domestic market has not really recovered due to the impact of the Covid-19 epidemic. However, in Long An, the retail market has many bright spots, with fairly stable growth. In particular, there are many individual business households, widely distributed, both in urban and rural areas.

Currently, the demand for safe food for consumers' health is increasing, especially in rural areas... Stemming from this need, San Ha Company with the orientation of expanding its business market cooperate with individual business households in localities to provide safe products at competitive prices. San Ha hopes to spread to many other business households. When there is a need, business households contact San Ha to do it together, especially households starting a business.

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Production workers at Ba Huan Joint Stock Company Processing Factory

Chairman of the Board of Directors of Ba Huan Joint Stock Company - Pham Thi Huan said that after the Tet holiday, the Company continues to operate production and business activities to meet people's consumption needs. Currently, the Company holds about 30 percent of the poultry egg market share in the Southern region.

In 2024, the Company continues to comprehensively digitally transform, operating the business management system from the farm to the distribution chain. This application helps the Company strictly control product quality and save time and effort, bringing quality products to customers. Digital transformation is applied to the entire Company system including headquarters, factories and subsidiaries located in provinces and cities, including a processing factory in Duc Hoa district.

According to the general opinion of organizations, potential risks from the world economic environment are still present and continue to have a negative impact on Vietnam's economic growth. On the domestic side, it is forecast that economic growth will continue its positive recovery trend, and support policies issued in 2023 will have a clearer impact on the economy.

In addition, the province is also promoting growth drivers, focusing on mobilizing and disbursing investment sources including public investment, foreign investment and private businesses. In particular, the Department of Industry and Trade is focusing resources on enhancing trade promotion, finding export opportunities for businesses combined with stimulating demand and supporting domestic consumption, promoting the campaign "Vietnamese people prioritize using Vietnam row"; ready to support the recovery and development of industries, especially processing and manufacturing industries; Promote the application of achievements of the 4.0 industrial revolution in industrial production; create favorable conditions for the service and logistics industry to develop;...

With what the province is doing, businesses have complete confidence in a smooth and prosperous start to the new year./.

Reported by Mai Huong

Translated by NT

21/02/2024 12:00 CHĐã ban hành
OCOP products bring about dual benefitsOCOP products bring about dual benefits
The One Commune One Product (OCOP) Programme has no longer been a pure poverty reduction measure for rural areas, but an important boost for Vietnamese agricultural products, connecting other industries for mutual development, thus bringing dual benefits for rural areas, according to experts.

The One Commune One Product (OCOP) Programme has no longer been a pure poverty reduction measure for rural areas, but an important boost for Vietnamese agricultural products, connecting other industries for mutual development, thus bringing dual benefits for rural areas, according to experts.


OCOP products of Ca Mau province and the whole Mekong Delta region on display (Photo: VNA)

Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that OCOP products have contributed to shifting thinking from agricultural production to production associated with business, especially linking agricultural development with economic, service and tourism development of localities.

According to statistics of the Ministry of Agriculture and Rural Development, the country has over 10,800 OCOP products rated three stars or higher from over 5,600 OCOP entities, of which 37.9% are cooperatives, 24% are enterprises, 35.2% are production establishments/business households, and the remainder are cooperative groups.

The Mekong Delta region has more than 2,000 three-to-five-star OCOP products, led by Dong Thap province with 357 products.

Localities in the region have had many strategies linking OCOP products with tourism to create a dual economic advantage based on their specific characteristics.

Chairman of the People's Committee of Dong Thap province Pham Thien Nghia said that local OCOP products have gradually entered modern distribution channels such as supermarkets or shopping centres. Dong Thap is also promoting community-based tourism products and OCOP products, craft village ones, and cultural festivals to create a highlight to attract tourists.

Tourism models combined with agriculture are operating quite effectively, helping to lengthen the value chain, increase the value of agricultural products, create more jobs in rural areas, and bring stable income to farmers.

Similarly, Can Tho city also considers the OCOP programme as one of the major agricultural and rural economic programmes that clearly demonstrates the role of multi-value integration in the agricultural sector. Currently, the city has 92 three- and four-star OCOP products.

To create favourable conditions for these products to develop, the city has brought them into tourist attractions, hotels, restaurants to make them closer to tourists./.

Source: VNA

21/02/2024 4:00 CHĐã ban hành
Rice sector works on 5 billion USD export targetRice sector works on 5 billion USD export target
Vietnam's rice exports are expected to continue their upward trajectory this year, toward a milestone of 5 billion USD in turnover.


The output of rice is projected to exceed 43 million tonnes in 2024, with about 8 million tonnes for export. (Photo: VNA)

The year marks a period of anticipated volatility in the global rice market, encompassing fluctuations in production and demand, as well as related policies from leading exporting nations. Hence, innovation in production and flexible export management are crucial conditions for the Vietnamese rice industry to achieve its growth targets.

According to the Ministry of Agriculture and Rural Development, despite a trend of narrowing the rice cultivation area nationwide, the farming sector aims to maintain a stable plantation of 7.1 million hectares in 2024. The output of the grain is projected to exceed 43 million tonnes, with about 8 million tonnes for export.

This year's forecast also suggests that the prices of agricultural input materials will remain high, with potential risks of crop disease outbreaks as well as El Niño-induced severe droughts and water shortages. Therefore, the agricultural sector is set to instruct localities to adjust production plans and structure suitable crop seasons to stabilise the rice supply, especially high-quality sources serving export. Engaging in innovative production activities, many enterprises are focusing on developing varieties and providing scientifically sustainable farming solutions for farmers.

On the early days of February, Vietnam's 5% broken rice was sold overseas for 638 USD per tonne, surpassing Thai rice of the same grade by 10 USD per tonne. According to the Vietnam Food Association, the export prices are likely to be pushed up in the coming time, as many countries begin to increase imports and India continues to maintain its ban on exporting certain types of rice.

Meanwhile, information from the National Agro-Forestry-Fisheries Quality Assurance Department reveals that the global rice production could near 520 million tonnes this year, while consumption is approaching 525 million tonnes, indicating a potential shortage. Therefore, rice processing and exporting enterprises need to closely monitor the market to efficiently execute existing and new contracts, considering both price and quality.

Nguyen Viet Anh, General Director of the ORIENT Rice Co. Ltd, said he believes that given the market fluctuations, the adaptability index of enterprises is extremely important because each year brings new scenarios and there are no lessons learned from the previous year that can be effectively applied to the next. Rice remains an essential commodity globally as well as in Vietnam, so in the near future, there are significant opportunities for production and business in this field. It is essential for exporting enterprises to enhance their adaptability and flexibility to capitalise on the chances./.

Source: VNA

20/02/2024 4:00 CHĐã ban hành
External information work contributes to promoting the local imageExternal information work contributes to promoting the local image
Over the past time, the province's external information work has been implemented with focus, achieving positive results, contributing to propaganda and promotion of the local image and promoting investment attraction activities.

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External information work contributes to promoting the local image

Currently, 100 percent of provincial departments and branches and district-level People's Committees have developed plans for external information activities in 2023; thereby, depending on the functions and tasks, each unit deploys to promote the image, potential and strengths of the province; communication on ensuring human rights, information on outstanding international integration events, propaganda of sovereignty over seas, islands and territorial borders, strengthening external activities, prevention and fight against false tunes, distortions of hostile forces.

In the coming time, the province will continue to promote information, propaganda, investment promotion, and promote a stable, safe and attractive investment environment with many outstanding advantages of Vietnam and the province. ; At the same time, the province is consistent in its view of creating favorable conditions for foreign-invested enterprises, promoting activities of investment attraction and economic development./.

Reported by T.H

Traslated by NT

23/08/2023 8:00 SAĐã ban hành
Connecting trade and logistics businessesConnecting trade and logistics businesses
Long An Department of Industry and Trade has just organized a conference to connect logistics businesses, this is an opportunity to connect logistics businesses with investors, shippers, and e-commerce businesses. ... introducing products, exchanging, collaborating, consulting and choosing solutions to optimize the logistics process of the business.

Outstanding strengths

Vice Chairman of the Provincial People's Committee - Huynh Van Son shared that Long An has a very important strategic position in socio-economic development, ensuring security and defense; is the gateway between the Mekong Delta and the Southeast Region, adjacent to Ho Chi Minh City, and has a border with the Kingdom of Cambodia.

It is the geo-economic advantages that make Long An the gateway on the urban-industrial economic corridor of the Mekong Delta, closely connecting with Ho Chi Minh City and the Southeast Region, leading to the Mekong Delta region. important trade and cooperation relationship with Cambodia for rapid and sustainable socio-economic development.

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Delegates participating in the Conference on connecting logistics businesses in the field of e-commerce organized by the Department of Industry and Trade in November 2023

In particular, in recent times, the provincial government has focused on investing, upgrading and perfecting infrastructure, especially transportation infrastructure, forming intersections to connect inter-regional transportation systems, connecting regions. , industrial cluster with ports. Currently, industrial zones and clusters in the province are concentrated in convenient locations by road and river, attracting many businesses to invest in modern warehouse systems. Delivery services, goods-related services as agreed with customers, supply chain management, and e-commerce in the province tend to develop.

Long An converges many factors and favorable conditions for logistics activities, promoting goods trade and transportation. In the Long An Provincial Plan for the period 2021-2030, with a vision to 2050, approved by the Prime Minister, by 2030, Long An will become a province with a developed service industry on par with the group of developed provinces. quite well in the Southeast Region.

Accordingly, the province plans 2 dry ports including Ben Luc dry port, located in Ben Luc with an area of 10-15 hectares, throughput capacity of 150,000 Teu/year; Tan Lap dry port is located in Thu Thua district, with an area of 10-15 hectares and throughput capacity of 150,000 Teu/year. At the same time, the province formed 10 logistics centers to contribute to promoting economic exchanges between Long An and provinces and cities in the Southeast Region and the Mekong Delta in the districts of Can Giuoc, Ben Luc, Chau Thanh, Can Duoc, Duc Hue, Tan Tru and Kien Tuong town; Research and build a logistics center in Duc Hoa district.

Digital transformation in logistics, towards sustainable development

In the province, there are currently 16 industrial parks, 21 operating industrial clusters and nearly 15,000 hectares of industrial land that can attract investment in production and business. Long An is the leading locality in the Mekong Delta and ranks 13/63 provinces and cities in terms of export and import. With much room for development, industrial zones and clusters in the province are increasingly attracting more businesses to invest in the field of transportation and warehousing, showing the potential and important role of the logistics industry in supporting logistics. Supporting industrial production, agriculture, trade and services, contributing to promoting local socio-economic development.

Although the province's logistics and e-commerce activities have developed recently, there are still certain limitations, the form of logistics services is still simple, not meeting all development needs. Therefore, the Conference to connect logistics businesses in the field of e-commerce focuses on connecting businesses to suggest many directions and solutions for provinces and industry associations in improving their ability to supply goods. Support activities for the business community to restore production and business.

It is expected that these solutions will be the optimal choice for businesses to choose to use, accompanying the province in striving to achieve the goal of making Long An a gateway, goods transit center, and connected warehouse. with provinces and cities in the Mekong Delta region with Ho Chi Minh City, the Southeast Region and the Cambodian market.

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Industrial zones and clusters in the province are increasingly attracting more businesses to invest in the field of transportation and warehousing

Long An is one of the localities that grows many types of fruit to serve domestic and foreign markets. According to Director of Cass Fruit and Vegetable Preservation Company Limited (Hoa Binh Industrial Park, Thu Thua District) - Quach Thi Le Chan, the challenging issue in logistics for fresh agricultural products in Vietnam as well as Long An is not yet fully connected. In the stages of purchasing and selling, it is difficult to comply with post-harvest practices; Post-harvest and preservation technology is outdated and cannot keep up with market demand; There is a lack of logistics centers specializing in fresh agricultural products applying modern technology. Understanding this need, the company has built a warehouse system to preserve fresh agricultural products using fully automatic air adjustment technology (Cass). This way of preservation contributes to overcoming the situation of "good harvest, falling prices" and is suitable for e-commerce business trends.

At the recent Logistics Enterprise Trade Connection Conference, many delegates who are logistics business owners presented presentations with content revolving around logistics in e-commerce such as digital transformation in logistics towards sustainable development. sustainability, digital transformation and cold storage, solutions for transporting export goods by international railway, technology solutions and comprehensive logistics platforms,...

Marketing Director of Saigon Newport Corporation - Truong Tan Loc said that digital transformation and automation are trends promoting the greening and sustainable development of not only the logistics industry but also the economy. Currently, to meet customer needs, the company aims to develop sustainable logistics through digital transformation with many solutions accompanying customers and aiming for sustainable development in the logistics and shipping industry.

Mr. Truong Tan Loc also shared that, facing the requirements of green and sustainable development, especially in the logistics industry, the State and localities need to build a synchronous infrastructure system; accelerate the progress of transport infrastructure connection projects and multi-modal connections to facilitate logistics development; increase investment in logistics and warehouse infrastructure to strengthen the logistics ecosystem; Remove traffic bottlenecks to facilitate connection and transportation of goods; Promote regional connectivity, reduce logistics costs for businesses.

At the same time, it is necessary to simplify procedures, build and connect shared databases, move towards digitization and resolve procedures online. The legal system also needs to be updated to keep up with technological trends to encourage businesses to boldly invest and develop new services and technologies.

Vice Chairman of the Provincial People's Committee - Huynh Van Son said that opinions from logistics business owners will help the provincial government have a good direction, businesses will cooperate, advise and choose. solutions to optimize the logistics industry, connect and use each other's services, form a tight production - supply chain, meet production, business, consumption and export requirements. The provincial government will always accompany businesses to develop sustainably together./.

Reported by Mai Huong

Translated by NT

30/11/2023 3:00 CHĐã ban hành
Mekong Delta localities promote collective trademarksMekong Delta localities promote collective trademarks
Many cities and provinces in the Mekong Delta region have rolled out a host of solutions to support intellectual property and develop collective trademarks to raise economic value for agricultural products and specialties.


Registering trademark protection not only protects businesses but also ensures rights and interests in goods circulation. (Photo: VNA)

The Mekong Delta province of Kien Giang is the pioneer in building and developing collective trademarks, benefiting people, cooperatives and businesses in product promotion and sale.

The locality is home to 475 agricultural cooperatives, of them 366 specialising in cultivation and 109 in aquaculture.

The provincial Cooperative Alliance, based on the annual plan, has coordinated with relevant agencies to support the building of collective trademarks for cooperatives, prioritising products included in its economic restructuring plan like shrimp, crab, fruit, rice and pepper.

The Department of Science and Technology of the Mekong Delta province of Tien Giang also guided about 30 organisations and individuals to establish IP rights for their trademarks each year.

Registering trademark protection not only protects businesses but also ensures rights and interests in goods circulation, said Deputy Director of the provincial Department of Science and Technology Nguyen Tuan Phong.

The Department of Quality, Processing, and Market under the Ministry of Agriculture and Rural Development said to successfully build brands, it should begin with quality products that satisfy the needs and expectations of customers.

Therefore, it suggested businesses build and operate their trademark management systems, covering the quality of trademarked products; production and business activities in chains; product preservation and processing; and traceability, among others.

Kien Giang's authorities said the locality will cooperate to help cooperatives that have already built collective trademarks, geographical indications and IP rights in both domestic sale and export. 

Tien Giang province's Department of Science and Technology will also step up the communications work on IP rights protection, especially trademarks for cooperatives.

Many businesses also called on the government to soon complete policies and laws on trademark development and protection registration for agricultural products./.

Source: VNA

19/02/2024 8:00 SAĐã ban hành
Chairman of Long An Provincial People's Committee asks to evaluate the impact of Covid-19 on socio-economic development to have suitable solutionsChairman of Long An Provincial People's Committee asks to evaluate the impact of Covid-19 on socio-economic development to have suitable solutions
On February 18, Chairman of Long An Provincial People's Committee - Tran Van Can chaired the February meeting with Vice Chairmen of the Provincial People's Committee - Pham Van Canh, Pham Tan Hoa and Nguyen Van Ut; leaders of the provincial departments and agencies aimed at approving the results of implementing the socio-economic development tasks in January and the February work program; evaluating socio-economic targets of the Tenth Provincial Party Congress; summarizing the regulations and laws on the reception of investment projects in the province.

According to the report on the implementation of socio-economic development tasks in January 2020, the consumption of some agricultural products is more favorable than the previous month such as rice, sticky rice, shrimp, dragon fruit, etc. due to the situation of acute respiratory infections caused by the new strain of Corona virus affecting the Chinese export market, in February, agricultural product prices have dropped sharply; industrial production index, industrial production value increased slightly over the same period, lower than the previous month; total retail sales of goods and services in January were 9,280.7 billion dong, up 14.5% over the same period; total state budget revenue as of January 30, 2020 is 1,722 billion dong, reaching 10.2% of the estimate; credit activities in the area are stable; The whole province has 77 communes meeting new rural standards, accounting for 46.3% of the total number of communes in the province; socio-cultural fields are focused and implemented; food hygiene and safety, epidemic control are strictly controlled; political security situation, social safety and stability.

At the meeting, participants discussed key tasks of the work program in February 2020; assessing the socio-economic targets of the Tenth Provincial Party Congress, and at the same time, summarizing the legal provisions on the reception of investment projects in the province, ensuring the requirements about environmental protection.

Speaking at the conference, the Chairman of the Provincial People's Committee - Tran Van Can asked the heads of the provincial Departments, branches and members of the Provincial People's Committee to urgently deploy key tasks and tasks of socio-economic development in 2020; focus on reviewing and assessing the impact of acute respiratory infections caused by new strains of Corona virus to the socio-economic development of the province in order to provide appropriate solutions; Agricultural sector needs to coordinate closely with localities to control epidemics on crops and livestock to prevent epidemic diseases; strengthening inspection and monitoring of drought and saltwater intrusion, proactively implementing measures to prevent, overcome and limit damage on crops and ensure sufficient water for people.

Reported by Mai Huong

Translated by Lan Vy​​

21/02/2020 4:00 CHĐã ban hành
Vietnam’s vegetable, fruit exports likely to hit 4 billion USD this yearVietnam’s vegetable, fruit exports likely to hit 4 billion USD this year
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.


Illustrative image (Photo: vneconomy.vn)

Export turnover increasing

Vietnam exported nearly 1 billion USD worth of fruits and vegetables in Q1, up 8% from a year earlier, with the Chinese market recording an impressive growth of 23%.

Dang Phuc Nguyen, Secretary General of the Vietnam Fruit Association (Vinafruit), attributed the result to the signing of protocols on exports of durian, sweet potato and banana to China through official channels.

The export of pomelo to the US, and passion fruit to New Zealand was also a driver for the overall growth of the sector.

Durian was a big contributor to the impressive export results in the first months of this year. The export turnover of this fruit is expected to hit 1 billion USD, helping the sector's total figure to 4 billion USD this year, up 20% year-on-year, said Nguyen.

The implementation of free trade agreements is also an important driving force helping fruit and vegetable exports to increase sharply in the first months and make an important contribution to boosting the sector's exports throughout the year.

Good demand for fruit imports in China can help raise total fruit and vegetable exports in Q2 by 10% or higher, Nguyen noted, predicting that the revenue can reach about 2 billion USD in the first half of 2023.

Promoting exports through official channels

Vinafruit has proposed the Ministry of Industry and Trade (MoIT) and other ministries and agencies, especially the Vietnam Trade Office in China, study and negotiate for the signing of more protocols for several officially-exported products such as dragon fruit, mango, watermelon, jackfruit and rambutan, together with the opening of markets for other fruits such as green-skinned pomelo, fresh coconut, avocado, lemon, pineapple and star apple.

Besides China, it is also necessary to step up trade promotion activities in other markets such as the US, China, the Republic of Korea and Australia, stated Nguyen.

According to the Vinafruit Secretary General, the greatest difficulty at present is that there are not many planting area and packing facility codes to meet the requirements of the Chinese market. Currently, there are only 246 planting area and nearly 100 packing facility codes granted, much lower than the respective 20,000 and 2,000 of Thailand.


Vietnamese durian (Photo: congthuong.vn)

With an area of nearly 110,000 hectares, and an output of around 1 million tonnes per year, there will be a bottleneck in durian exports to China, if no more planting area code is granted this year.

He also suggested the MoIT and other ministries and sectors to call on investment and advanced technologies for processors to improve the export value, and gain a firmer foothold in such choosy markets as the US and the EU.

Vietnam Trade Offices abroad were advised to regularly organise Vietnamese fruit festivals to introduce the fruits to people in their host countries and international visitors.

Vietnam earned nearly 3.4 billion USD from vegetable and fruit exports last year./.

Source: VNA

15/05/2023 8:00 SAĐã ban hành
Over 385 establishments participate in the connection system for supply and demand of safe agricultural products in Long An provinceOver 385 establishments participate in the connection system for supply and demand of safe agricultural products in Long An province
To date, Long An has over 385 facilities granted certificates of food safety, supply chain products, OCOP products, and products of high-tech agricultural enterprises participating in the connection on the System. Connecting supply and demand of safe agricultural products in Long An province.

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Over 385 establishments participate in the connection system for supply and demand of safe agricultural products in Long An province

Accordingly, the System connecting supply and demand of safe agricultural products in Long An province is the official information page on safe, controlled agricultural products of Long An province; Agricultural production facilities have posted information to promote and introduce products on the system deployed on the Long An Digital application to make it easy for people to use without needing to install additional applications. other uses; Regularly update the system with registration documentation, news, legal documents on food safety, etc.

Recently, through the System, information and addresses of a number of agricultural product supply facilities have been provided to processing enterprises in Ho Chi Minh City during the process of searching and selecting raw material sources; Thereby, creating opportunities for agricultural production facilities in Long An province to connect with consumers, processing enterprises and distributors inside and outside the province; contributing to bringing the brand of Long An province's agricultural products to other provinces and cities nationwide; Posting information on the System has helped establishments partially reduce costs for promoting and introducing products. Besides, consumers have a reliable address and can rest assured about the quality through certifications and product origin due to the control of state management agencies.

However, the system connecting supply and demand for safe agricultural products in Long An province has not been deployed, introduced and communicated deeply and widely, so there are still many production and business establishments and consumers do not know how to approach them; The System's activities are mainly to provide basic information and support product introduction and promotion; The consumer has not yet made a direct purchase or sale transaction on the System. In the coming time, the province will continue to perfect and upgrade the system connecting supply and demand of safe agricultural products in Long An province so that consumers can easily use and find information on the system; Training and guiding 100 percent of establishments granted food safety certificates, food supply chain establishments, and OCOP products to create accounts and participate in transactions on the System; At the same time, promote propaganda and promotion so that consumers know and access the System.

Reported by TH

Translated by NT

26/10/2023 8:00 SAĐã ban hành
Construction businesses expect recovery thanks to public investmentConstruction businesses expect recovery thanks to public investment
Public investment is expected to become a momentum for the economy, especially for construction and transportation businesses, to recover and develop in 2023 and the following years.



Public investment is expected to become a momentum for the economy. - Illustrative image (Photo: baodautu.vn)

Economic experts said the Government is accelerating the disbursement of public investment in the remaining months of 2023.

The groundbreaking of Long Thanh international airport project in late August is said to have positive impacts on various aspects, showing the determination of the Government, localities, and related businesses in speeding up the disbursement of public investment.

As a firm joining Package No. 4.6 within component project No. 3 of the project, Cienco4 Group (C4G) stated that this contract, with total investment of over 8.1 trillion VND (over 332 million USD), is hoped to serve as a significant boost for Cienco4's recovery and robust growth in the near future.

Apart from the project, Cienco4 has consecutively secured contracts for various significant projects, including the second phase of the North-South Expressway, Bung - Van Ninh section with a contract value of over 1.8 trillion VND, and Hau Giang – Ca Mau section with a value of over 1.7 trillion VND; package XL03 of component project 2 of Khanh Hoa - Buon Ma Thuot Highway project worth over 2.99 trillion VND; Ring Road No.4 - Hanoi Capital Region project worth nearly 900 billion VND, and Ho Chi Minh City's Ring Road No. 3 project worth over 1.41 trillion VND.

The group is expected to achieve revenue of over 3.24 trillion VND in 2024, representing a 15% increase compared to 2023, with main contributions by key projects such as the North-South Expressway Phase 2, Long Thanh international airport and Ring Road No.3 projects.

According to Mirae Asset Securities company, with several ongoing projects, companies, including Cienco4, are in a position to establish stability in their revenue streams, along with opportunities for growth and profitability in the coming years.

In addition to Cienco4, Deo Ca Traffic Infrastructure Investment JSC has recently announced a plan to issue shares for existing shareholders.

The capital mobilisation through issuing additional shares is taking place in the context that the firm has won numerous large construction contracts with a total value of more than 17 trillion VND in the first half of this year.

Deo Ca is carrying out construction work on contracts associated with five key projects, which include Quang Ngai – Hoai Nhon Expressway, coastal road to Da Nang's Lien Chieu Port, Cam Lam – Vinh Hao Expressway, a project to upgrade and expand Prenn Pass in Lam Dong province, and a coastal road project in Binh Dinh province./.

Source: VNA

04/10/2023 10:00 SAĐã ban hành
Ministry projects three economic growth scenarios for 2024Ministry projects three economic growth scenarios for 2024
The Ministry of Planning and Investment has outlined three potential economic growth scenarios for 2024, with the highest GDP growth rate forecast at 6.5%.


Gemalink Deep-Sea Port in Ba Rịa - Vung Tau province (Photo: VNA)

These projections stem from the Government's socio-economic development strategy for the 2021-25 period, combined with endeavours to meet the 2023 growth goal of 6.5%.

Given the challenges faced by the Vietnamese economy between 2021-23, 2024 is anticipated to be a pivotal year for Vietnam to accomplish the objectives of its five-year plan.

In the first scenario, Vietnam's GDP is predicted to rise by 6%. This estimate presumes that global growth will be moderate in 2023 and the resurgence of global trade and investment will continue to face hurdles. Although the domestic market and services sector might exhibit robust growth, the import, export, and industrial production sectors may not experience a marked recovery due to their reliance on global market demand.

The Ministry of Planning and Investment believes a GDP growth target of 6% would be fitting, given the expected continued risks the global and domestic economies may encounter during the recovery phase.

Under the second scenario, the ministry envisages a GDP growth of 6.5%, assuming that both the global and regional economies rebound quicker than international organisations' predictions. This scenario also considers a surge in demand, trade, and investment. Concurrently, the domestic market would likely experience revivals in demand, production, business activities, exports, investment, and FDI influx.

For the third scenario, the GDP growth is projected to range between 6 - 6.5%, reflecting predictions of swift changes in both global and domestic contexts. The Ministry of Planning and Investment favours this third scenario.

While optimism regarding economic recovery is on the rise, various organisations and specialists remain wary about the prospects for Vietnam's economy.

In mid-July, the Asian Development Bank adjusted its 2023 forecast for the Vietnamese economy downwards from 6.5% to 5.8% and its 2024 projection from 6.8% to 6.2%.

Similarly, in early April, the World Bank anticipated a moderate 4.7% growth for Vietnam in 2023, progressively increasing to 5.5% in 2024 and reaching 6% by 2025.

The World Bank’s report pointed out that a proactive fiscal policy supporting short-term demand, removing barriers to the implementation of public investment and addressing infrastructure constrains could help the economy achieve these targets and prolong long-term growth./.

Source: VNA

22/09/2023 11:00 SAĐã ban hành
Vietnam attractive to European firms: seminarVietnam attractive to European firms: seminar
A seminar was held by the Vietnam Trade and Industry Review in Hanoi on October 6 to discuss how to connect with the EU firms and make the best use of the EU-Vietnam Free Trade Agreement (EVFTA).


Apparel is one of the sectors that benefits most from EVFTA (Photo: VNA)

Speaking at the event, Chairman of the Board of Directors of Phuc Sinh Group Phan Minh Thong said the EVFTA, which took effect three years ago, has created numerous opportunities. Accordingly, non-EU companies investing in Vietnam could take advantage of the reduced tariffs when exporting from Vietnam to Europe.

Many coffee factories have been established by not only European investors but also those from Singapore, the US, and other Asian nations like India. These investments aim to produce "Made in Vietnam" products for export to Europe and benefit significantly from the reduced tariffs provided by the agreement, he said.

Ngo Chung Khanh, deputy head of the Multilateral Trade Policy Department at the Ministry of Industry and Trade (MoIT), highlighted the importance of connecting Vietnamese firms with foreign partners - a significant task outlined in the Government's plan to carry out new-generation FTAs. This task is also reflected in the plans of various ministries, sector and localities.

He said on October 12, the MoIT will chair a conference involving leaders of the departments of industry and trade nationwide to review connections between domestic enterprises and foreign partners and EU businesses in particular. This will enable localities to learn from each other's experience and best practices.

According to him, leveraging European resources, raw materials, and technology to produce higher-quality goods and joining more deeply in the global supply chain is a significant expectation of the Vietnamese firms as the EVFTA enters a new phase of implementation. Achieving this requires collaboration from the State management agencies, industry associations, and especially appropriate support mechanisms, policies, and activities.

Khanh said businesses need to take a more proactive role in improving their competitiveness, actively seeking partners and seizing opportunities to cooperate with the European firms. By doing so, they could make more effective use of the opportunities presented by the EVFTA./.

Source: VNA

09/10/2023 8:00 SAĐã ban hành
Vietnam’s forestry export value forecast to reach 16.3 billion USD in 2022Vietnam’s forestry export value forecast to reach 16.3 billion USD in 2022
Vietnam’s forestry product export revenue is expected to stand at 16.3 billion USD in 2022, approximately equal to the target set earlier this year, heard a conference of the Vietnam Administration of Forestry (VNFOREST) under the Ministry of Agriculture and Rural Development, in Hanoi on July 14.


Vietnam's forestry product export value forecast to reach 16.3 billion USD in 2022 (Source: VNA)

Vietnam's forestry product export revenue is expected to stand at 16.3 billion USD in 2022, approximately equal to the target set earlier this year, heard a conference of the Vietnam Administration of Forestry (VNFOREST) under the Ministry of Agriculture and Rural Development, in Hanoi on July 14.

VNFOREST Director General Nguyen Quoc Tri said the export of wood and wooden products is facing an array of difficulties, mainly due to impacts from the Russia-Ukraine conflict, which has pushed up transportation costs, along with dropping demand given inflation pressure in other countries.

Tri said the administration will hold working sessions with associations and businesses to meet signed contracts while accessing other markets that are less affected by the crises.

The sector will put forth a scenario on forestry product export and import management to meet the yearly targets, he added.

The official suggested businesses use more domestic materials and churn out auxiliary products to lower product prices and diversify products, thus bettering meeting export demands.

Meanwhile, joint efforts will be made to avert trade fraud and control wood imports, Tri said, adding that the outstanding models of connectivity between enterprises and household-based forest plantations will be rolled out on a larger scale.


At the conference (Photo: VNA)

According to Nguyen Van Dien, Director of the Forestry Production Development, a total of 372,140 hectares of forest in 31 provinces and cities are granted sustainable forest certificates.

Statistics by VNFOREST showed that in the first half of this year, Vietnam earned 9.1 billion USD from forestry product exports, up 3% year-on-year, achieving 56% of the target. The trade surplus was estimated at some 7.5 billion USD, a year-on-year rise of 3%.

The US, Japan, China, the EU and the Republic of Korea were major buyers of Vietnamese forestry products, accounting for up to 90% of the total export value.

Vietnam's wood output reached some 8.5 million cubic metres, fulfilling 46% of the target and up 5.9% year-on-year./.

Source: VNA

15/07/2022 8:00 SAĐã ban hành
Vietnam rice exports surge to new record revenueVietnam rice exports surge to new record revenue
Vietnam set a new record in rice export revenue in the first nine months of 2023 thanks to the increasing price of exported rice, according to the Ministry of Agriculture and Rural Development.



Illustrative photo (Photo: VNA)

The country earned 3.66 billion USD from exporting rice in the period, up 40.4% year-on-year, the ministry has reported.

The result was attributed to the increasing price of Vietnamese export rice, and the decreasing rice supplies in many markets during the reviewed period, it said.

Vietnam's average price of exported rice in the first three quarters reached 553 USD per tonne, a 14% increase over the same period in the previous year.

The Philippines was the largest buyer of Vietnamese rice products in the first eight months, accounting for 40.3% of the total rice export. China and Indonesia ranked second and third, accounting for 13.5% and 12.4%, respectively.

Additionally, positive growth in rice exports has been also recorded in countries in the European Union, such as Poland, the Netherlands, Spain, and Belgium, and African nations such as Ghana and Angola.

According to Vice General Director of the Export-Import Department under the Ministry of Industry and Trade Tran Thanh Hai, the price of exported rice is expected to remain high until the end of this year due to the continued demand for rice imports in major consuming markets such as the Philippines, China, Indonesia, Malaysia, and Africa. This is coupled with the limited supply of rice from leading rice exporter like India and Pakistan.

President of the Vietnam Food Association (VFA) Nguyen Ngoc Nam stressed that there is ample room for rice exports to grow, especially as the Philippines needs to import an additional 1.1 million tonnes, while Indonesia plans to buy 2.3 million tonnes by the end of the year.

China's demand for rice imports is also forecast to increase in the remaining months of the year, Nam said.

Rice exporters are advised to have appropriate strategies to ensure the ability to meet exports./.

Source: VNA

09/10/2023 8:00 SAĐã ban hành
Growing agricultural export to match international standardsGrowing agricultural export to match international standards
With steady export growth, Vietnamese farm produce is increasingly meeting market demand in terms of packaging, quality and food safety, which enhances its competitiveness and allows Vietnamese products to gain further access into the global supply chain.


Processing cashew nuts for export (Photo: VNA)

During the first months of the year to August, there was explosive growth in the export of fruits and vegetables, reaching 3.45 billion USD, up 57.5% annually. Exports are predicted to reach all-time-high of 5 billion USD this year.

This growth is expected as the Central Highlands region begins the durian harvest season.

Not only fruits and vegetables but also many others like coffee, black pepper, and rice are increasingly being monitored rigorously in terms of production, with orientations to high-quality and local signature products in order to penetrate deeper into the global market.

Notably, the Vietnamese coffee industry is making efforts to apply international standards in production and processing to access the global marketplace.

At present, the Central Highlands province of Gia Lai is home to over 36,600 ha of coffee meeting VietGAP, GlobalGAP, 4C, Organic, Rainforest Alliance standards and more than 12,086 ha of coffee using advanced irrigation technology to conserve water.

Ngo Hong Phong, Deputy Director of the National Agro-Forestry-Fisheries Quality Assurance Department, said the Ministry of Agriculture and Rural Development will continue carrying out inspections and certifications for food safety-compliant establishments and verify the certification of exported agricultural products as required by importing countries.

Deputy Minister of Agriculture and Rural Development Hoang Trung said the ministry is proposing the Government issue two more decrees on guidelines for issuing codes for growing areas and packaging facilities, and outlining sanctions and penalties in this field. This will provide an important legal basis for more stringent production management./.

Source: VNA

17/09/2023 3:00 CHĐã ban hành
Long An: Seeking opportunities for cooperation and promoting trade and investment promotion with partners in the Kansai region (Japan)Long An: Seeking opportunities for cooperation and promoting trade and investment promotion with partners in the Kansai region (Japan)
Continuing the working program of the working delegation of Long An province in Japan, on September 15, in Osaka City, Chairman of the People's Committee of Long An province - Nguyen Van Ut led the provincial delegation to attend the "Display". Vietnam - Japan Trade and Investment Promotion Forum in Kansai region in 2023".



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Chairman of the People's Committee of Long An province - Nguyen Van Ut (2nd, right) attended the "Vietnam - Japan Trade and Investment Promotion Forum in Kansai region in 2023"

The forum is organized by the Vietnam Confederation of Commerce and Industry (VCCI) and the Osaka Chamber of Commerce and Industry (OCCI) in coordination with agencies in Japan.

The forum was attended by the Consul General of Vietnam in Osaka - Ngo Trinh Ha; Representative of the Government of Japan, Ambassador in charge of Kansai - Tsutomu Himeno; President of Osaka Chamber of Commerce and Industry (OCCI) - Torii Shingo; Vice President of the Vietnam Confederation of Commerce and Industry (VCCI) - Hoang Quang Phong and the delegation from Long An, Soc Trang, Hung Yen, and Dien Bien provinces; infrastructure enterprises in Vietnam with the participation of many leaders of large corporations and businesses in the Kansai region.

Speaking at the forum, President of the Osaka Chamber of Commerce and Industry (OCCI) - Torii Shingo assessed that the forum is a good opportunity for Japanese investors in the Kansai region to access and update information. Useful information about the economic and trade situation and foreign investment attraction of participating localities.

He expressed his joy at Vietnam's economic growth achievements and highly appreciated Vietnam's scientific and technical development compared to other ASEAN countries. At the same time, we hope that with the foundation of friendly relations between the two countries that are developing very well in many fields today, investment cooperation activities between localities in Vietnam and provinces in the Kansai region will continue to be promoted. push harder in the near future.

Speaking at the forum, Vietnamese Consul General in Osaka - Ngo Trinh Ha said that in 2023, Vietnam and Japan will have many practical activities to celebrate the 50th anniversary of establishing diplomatic relations, including Bilateral trade promotion activities, including partners in the Kansai region. Trade turnover between Vietnam and the Kansai region in 2022 will reach 12 billion USD. The Kansai region currently has 850 FDI projects in Vietnam with a total investment capital of over 9 billion USD.

Vietnam is the top destination chosen by businesses in the Kansai region to diversify their supply chains and Japanese investors are placing a lot of trust in Vietnam, as well as the prospect of business profits in Vietnam. in the face of unpredictable changes in the world situation.

At this forum, Long An province received a lot of attention from Japanese businesses and corporations on issues such as the province's development orientation in the coming time, and the province's preferential policies for businesses. Japan, human resources,...

Speaking at the forum, Chairman of the People's Committee of Long An province - Nguyen Van Ut said: The province has had economic relations with nearly 40 countries and territories, attracting over 1,200 FDI investment projects, with Total investment capital is over 10.45 billion USD. Japan alone has 142 projects with a total investment capital of over 800 million USD.

According to the approved provincial planning, the province will focus on socio-economic development associated with the goal of sustainable growth, striving to continue to maintain its leading position in the Mekong Delta region by 2025; By 2030, it will rise to become a province with a well-developed industrial and urban sector in the Southern Key Economic Region. The total land fund planned for industrial development until 2030 is 16,400 hectares, with 51 approved industrial parks and 72 industrial clusters, ranking third in the country.

Transport and urban infrastructure are constantly being invested synchronously and drastically, creating convenience for the circulation of goods, promoting trade activities, and promoting investment.

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Chairman of Long An Provincial People's Committee - Nguyen Van Ut spoke at the forum

As for human resources, the province currently has a population of nearly 1 million people of working age with increasingly improving quality. In addition, the province has promoted cooperation in Japanese language human resource education and training, to meet the requirements of human resources and Japanese ecosystem in districts with many Japanese businesses. This is a favorable factor for Long An province to expect Japanese investors in general and the Kansai region in particular to research and choose to invest in the province.

The province is committed to creating the most favorable conditions for Japanese businesses to feel secure when coming to the province to invest and do long-term business. With the efforts and determination of the province, he hopes that Japanese investors in the Kansai region will continue to expand investment in industrial park ecosystems; Some key areas that the province is prioritizing to attract investment such as industry, electronics, and international quality urban areas; high-tech agriculture; logistics;... these are all fields in which businesses in Kansai in general and Osaka in particular have many strengths and have developed rapidly.

On the sidelines of the conference, the province's delegation attended a business connection discussion session, answering questions for interested Japanese investors and learning about the province; It is expected that after investment promotion activities, the province will welcome many Japanese investors to Long An in the near future.

On September 16, the delegation of Long An province departed for the country, successfully ending the trade and investment promotion trip in Japan./.

Reported by Truong Giang

Translated by NT

16/09/2023 11:00 SAĐã ban hành
Long An ranks top in the country in attracting FDILong An ranks top in the country in attracting FDI
In the first 9 months of 2023, Long An province ranks 5/63 provinces and cities nationwide in terms of number of projects and 7/63 provinces in terms of newly registered capital of FDI projects according to the report of the General Statistics Office.

In the first 9 months of 2023, in the province, the number of newly established businesses and the registered capital of domestic and foreign investment projects increased compared to the same period. Of which, domestic investment newly established nearly 1,400 enterprises, an increase of 7.6 percent over the same period, with a total capital of 13,859 billion VND. To date, in the province there are more than 16,500 businesses registered to operate with a total capital of 366,593 billion VND.

The province granted 59 new projects (a decrease of 18 projects) with a total new registered capital of 42,495 billion VND (an increase of 22,938.6 billion VND). To date, there are 2,191 domestic projects in the province with registered capital of 254,502 billion VND.

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The province attracted 1,215 FDI projects (In the photo: workers of Nguyen Khoi Toan Loc Co., Ltd., Ben Luc district, 100 percent Taiwanese capital, performing stages in the production process)

Attracting FDI continues to be the province's bright spot. Accumulated since the beginning of the year, Long An has granted 82 new projects (an increase of 39 projects) with a total newly registered capital of nearly 550 million USD (an increase of more than 250 million USD). To date, there are 1,215 FDI projects in the province, with capital of more than 10.5 billion USD. According to a report from the General Statistics Office, in the first 9 months of 2023, Long An province ranked 5/63 provinces and cities nationwide in terms of number of projects and 7/63 provinces in terms of newly registered capital of FDI projects.

According to Acting Director of Long An Department of Planning and Investment - Truong Van Liep, domestic and foreign investment promotion activities are paid attention and strengthened by the province. Long An proactively approaches organizations, large investors, and projects that are consistent with the province's investment attraction orientation. At the same time, the province successfully organized business dialogue conferences operating in Ben Luc, Can Giuoc, Duc Hoa districts, etc. to promptly remove difficulties and obstacles of businesses and promote recovery. , production and business of the enterprise./.

Reported by Chau Son

Translated by NT

09/10/2023 8:00 SAĐã ban hành
Cashew exports predicted to strongly rebound by the year-endCashew exports predicted to strongly rebound by the year-end
Foreign consumers would spend more at the end of the year despite economic difficulties. Therefore, the cashew industry expected exports to increase even more strongly in the last months of the year.

Cashew nuts packed at a factory in Binh Phuoc Province. — VNA/VNS Photo

Cashew exports are likely to strongly rebound by the end of the year after significant growth in both volume and value in the past eight months of this year, industry insiders have said.

Data from the Vietnam Cashew Association shows that in August, the country exported nearly 64,000 tons of cashew nuts, earning a turnover of US$343.4 million, an increase of over 38 percent in volume and nearly 32 percent in value.

The latest addition had brought its cashew nut exports over the past eight months of this year up to 400,000 tonnes in total with a value of over $2.25 billion, up 16 percent in quantity and 13 percent in quality.

Raw cashew imports also increased significantly over the past eight months, 21 percent higher than the yearly target, according to the association.

In August alone, the country spent $370.4 million in importing over 367,200 tons of raw cashew, marking yearly hikes of 87 percent in volume and 48 percent in value.

Totally in eight months, raw cashew imports hit 2.18 million tons, worth over $2.56 billion, up 34 percent in quantity and 14 percent in quality year-on-year.

That did not include the amount of imported cashew nuts, the association said, adding that the country imported over 69,300 tonnes of cashew nuts, valued at nearly $391.5 million in the period.

General Secretary of the association Dang Hoang Giang attributed the recent sharp increase in cashew imports to the fact that cashew processing enterprises usually imported raw materials for the whole year with a production rotation of 1-1.5 years.

Because cashew plants were a seasonal crop that only bore fruit once a year, businesses needed to have sufficient raw cashews for processing.

He said importing a high quantity of raw cashews was a big issue as Vietnam owned good processing technology and could make value-added products, thereby creating jobs for local people.

In the past, the cashew industry had a cyclical nature, with export peaks usually occurring in the third and fourth quarters.

The US and EU markets often strongly imported cashew nuts in the third quarter and the first half of the fourth quarter. Meanwhile, markets in the northeast Asian and Asian regions would start importing cashew nuts from the third quarter to the first quarter of the following year.

However, after the outbreak of the Covid-19 pandemic and conflicts in some countries, the cyclical factor was only for reference, he said.

According to Giang, foreign consumers would spend more at the end of the year despite economic difficulties. Therefore, the cashew industry expected exports to increase even more strongly in the last months of the year.

The cashew industry has set a target of reaching $3.05 billion in exports by the year's end.

Pham Van Cong, the association's chairman, said to boost exports to key markets including those that had free trade agreements with Vietnam, it was important to strengthen promotions so that consumers know about Vietnamese cashews.

The association said the Ministry of Industry and Trade should help the industry promote its products at international fairs.

The association would organize a trade promotion program in Japan at the end of this year, the International Cashew Conference in Quang Binh in the first quarter of next year and a trade promotion program in China next year, and it wanted the ministry's support for them under a national promotion program.

It also called for policies to help enterprises improve technology and equipment, speed up digital transformation, invest in intensive processing, grow organic cashews, make cashew shell oil, and diversify exports.

Since Vietnam still imported large volumes of raw cashew for processing, the association called for conducive mechanisms and policies, especially in terms of bank credit, tax and customs./.

Source: VNA

27/09/2023 8:00 SAĐã ban hành
Long An: Meeting of Associations, Associations, and Businesses to celebrate the Year of the Dragon 2024Long An: Meeting of Associations, Associations, and Businesses to celebrate the Year of the Dragon 2024
In the joy and excitement of welcoming the new Spring, on the afternoon of February 19, 2024, Long An province solemnly organized a meeting between provincial leaders and Associations, Associations, and Businesses to celebrate the Year of the Dragon 2024.

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Delegates attended the meeting

Attending the meeting were: former Permanent Deputy Prime Minister - Truong Hoa Binh; Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council - Nguyen Van Duoc; Permanent Deputy Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation - Nguyen Thanh Hai; Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee - Nguyen Van Ut; former provincial leaders; Members of the Provincial Party Standing Committee; Vice Chairman of the Provincial People's Committee; Representatives of department and local leaders; Representatives of Associations, Associations, Businesses and Entrepreneurs in the province.

At the meeting, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council - Nguyen Van Duoc sent the delegates sincere greetings, close feelings and best wishes for the new year.

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Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council - Nguyen Van Duoc spoke to congratulate the gathering

The Secretary of the Provincial Party Committee shared that the year 2023, under the volatile and unpredictable conditions of the economic and political situation in the world, can be said to be even more difficult than 2022, which has severely affected the development situation. socio-economic development of Vietnam in general and Long An province in particular. But precisely in the context of "fire tests gold, hardship tests strength", with innovation in thinking, perception and action, a series of solutions are drastically implemented in all fields. Looking back at the arduous journey passed in 2023, the Party Committee, government, people and domestic and foreign business communities in Long An province have the right to be proud of having "overcome the wind" together with the whole country. backwards" successfully and comprehensively in all fields.

Specifically, the province's economic growth reached 5.77 percent, higher than the national average; The scale of the economy ranks 13th in the country; GRDP per capita reached over 96 million VND; State budget revenue reached 21,000 billion VND; Attracting domestic and foreign investment both increased over the same period. Many outstanding events were held and many important national and provincial transportation projects were started, making Long An truly a "great construction site". In particular, the province always focuses on taking good care of people's lives, determined to "not leave anyone behind", "every Long An citizen will enjoy the fruits of growth".

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Permanent Deputy Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation - Nguyen Thanh Hai had good fortune at the beginning of the year

The most respectful thing is that while the business community faces many difficulties and challenges, it must both solve input and output problems in production and balance finances with many additional costs. But the team of entrepreneurs and business communities inside and outside the province still promote a high sense of responsibility towards society; Many businesses proactively and voluntarily contribute to investing in building bridges and rural roads; renovate many historical works and relics; building many new schools...Especially, during the Lunar New Year 2024, businesses have been very interested in contributing and taking care of social security, especially supporting the lives of the poor, poor workers, workers who have lost their jobs, lost their jobs, reduced working hours and are in difficult social situations, with a total cost of nearly 100 billion VND.

The Party Committee, Government and People of Long An acknowledge, deeply appreciate and send deep gratitude to entrepreneurs and businesses for their humanitarian, sincere and valuable contributions and support - Secretary of the Provincial Party Committee emphasized.

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Chairman of the Provincial People's Committee - Nguyen Van Ut wished businesses new success in the new year

At the meeting, representatives of the Business Association, Associations and businesses shared their sincere feelings for Long An province.

Deputy General Director of Coca-Cola Vietnam Beverage Company Limited - Bui Khanh Nguyen commented that as an investor, the unit feels the attraction of Long An as a "magnet" with continuous infrastructure. improved, the investment environment is open, transparent and attractive. Through the meeting, the company sent thanks to the provincial leaders and government agencies for always paying attention and creating the best conditions for the company's smart, environmentally friendly factory construction activities in the world. province, achieving progress and efficiency to officially go into operation as soon as possible.

Chairman of the Korean Chamber of Commerce and Industry Association in Long An (KOCHAM Long An) - Ho Joong said that 2023 is a difficult year for the economies of other countries in general and Vietnam in particular. However, with the support and direction of leaders and agencies, Vietnam's economy is recovering faster than other countries. Among them, we must mention the excellent support of Long An province's leaders.

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Chairman of the Korean Chamber of Commerce and Industry in Long An - Ho Joong spoke at the meeting

"Even though I have not invested in all 63 provinces, according to my personal feeling, among the provinces and cities where I have invested in business, the investment environment in Long An is the most stable thanks to the will and determination to develop. Local economic development and the policy of supporting investment businesses of leaders at all levels in Long An, that is also the reason why more and more businesses invest in Long An. Developed businesses are developed economies, creating a budget to contribute to social security for the people, creating jobs for workers in the province. On behalf of the Korean Business Association in Long An, we hope to invest and accompany more with Long An province in the near future" - Mr. Ho Joong shared.

Speaking at the end of the meeting, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council - Nguyen Van Duoc expressed his belief that in the coming time, the business community will continue to promote its central and pioneering role in Applied science and technology; Investing in increasing labor productivity, total factor productivity, and digital transformation; Contributing to the reform of administrative procedures, improving the quality of human resources... From there, we can proactively respond to all situations, promote production and business in the new situation, and join hands, contributing to the general development of Long An hometown.

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Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council - Nguyen Van Duoc brings good fortune at the beginning of the year to businesses

"We will move forward together with great faith and great expectations for a beautiful future. Our hometown of Long An will definitely create new achievements to continue to grow and develop strongly. more and more sustainable. With new motivation, new vision, we must be ready with a new mindset, new determination to accelerate to the finish line early, successfully completing the goal of the Resolution of the 5th Provincial Party Congress. XI proposed, contributing to the successful implementation of the Resolution of the 13th Party Congress."

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Delegates took souvenir photos

On the occasion of the beginning of the new year of the Dragon 2024, on behalf of the Party Committee, government and people of Long An province, the Secretary of the Provincial Party Committee respectfully wishes the delegates, along with all businessmen and businesses, always be healthy, peaceful and happy. happiness, everything goes well. Wishing all entrepreneurs and businesses to enter the new year with a confident mind, the desire to conquer new heights and achieve new successes in their homeland Long An./.

Reported by Binh An

Translated by NT

20/02/2024 8:00 SAĐã ban hành
Trends to attract supporting industryTrends to attract supporting industry
Long An is promoting investment attraction for industrial development, especially the development of high-tech, supporting, processing and energy industries.

High growth industry

The provincial industrial production index in 10 months of 2022 increased by 11.28% over the same period. In which, the processing and manufacturing industry increased by 11.43%; production and distribution of electricity, gas, hot water, management, treatment of waste and wastewater by 4.14%; water supply, management and treatment of waste and wastewater increased by 0.6%. There are 47/60 groups with growth rate higher than the same period, which is an encouraging sign.

To achieve the above results, over the past time, provincial leaders have directed departments and sectors to implement many solutions to support and accompany enterprises in many fields, especially solving difficulties in production, business due to the Covid-19 pandemic. At the same time, the business community is also determined to restore production and business activities, contributing to promoting industrial production to develop stably.


The province prioritizes attracting and developing spearhead industries with competitive advantages such as component assembly

Identifying transport infrastructure as a prerequisite for socio-economic development and regional linkages, the province focuses on completing a series of key transport projects. Currently, the province continues to invest in synchronous transport projects connecting the inter-region with provinces and cities in the Mekong Delta, Ho Chi Minh City and the provinces and cities in the Southeast region; at the same time, connection between localities in the province. The roads have been completed and created favorable conditions for enterprises in production and business such as Provincial Road 830, 825, 824, Ring Road of Tan An City, etc. Accordingly, enterprises invest in Long An will easily connect with Ho Chi Minh City, industrial zones and clusters in the province, thereby facilitating import and export activities, shortening time, reducing costs, and increasing competitiveness.

Director of GN Food Joint Stock Company (Long Hau Industrial Park, Can Giuoc) - Tran Linh Nguyen said that when setting up a production plant in Long Hau Industrial Park, enterprises have many advantages due to Long An is the connection point between Ho Chi Minh City and the rich raw material area - Mekong Delta. Thereby, businesses can conveniently transport raw materials. In addition, the support from the local government in providing electricity, labor force,etc helps businesses feel secure and focus on production. The main products of the company are frozen foods such as dumplings, rolls, shumai,etc. According to the plan, the production and sales volume of the company increased by more than 40% compared to 2021. The revenue also increased and create jobs, stable income for workers.


Industrial production index in 10 months of 2022 of the whole industry increased by 11.28% over the same period

Promote investment attraction

Long An's goal is to become an industrially developed province and one of the important production centers of the southern region. Accordingly, the province has issued a list to promote and call for investment. In particular, for the industrial sector, the province prioritizes projects using high technology, clean technology and supporting industries with high value. At the same time, the province strengthens the development of key industries with competitive advantages such as component assembly, textiles, construction materials, and food processing.

The total area planned for industrial development in the province is 15,000 hectares, with 59 industrial clusters and 37 industrial zones approved. Currently, in the province, there are 22 operating industrial zones and 24 industrial zones eligible to receive investment. Since having industrial zones, the province has attracted 1,762 investment projects, of which there are 849 foreign investment capital (FDI) projects and 913 domestic projects. Industrial zones and clusters in the province are concentrated mainly in the districts adjacent to Ho Chi Minh City. The province's industrial zones and clusters attract a series of large investors with modern production lines and technology, and are ready to welcome new businesses and investors to Long An. In particular, many projects in the field of supporting industries have been invested in the province.

Typically, Long An Investment Company Limited (a subsidiary of Transimex Joint Stock Company) invests in Long An cold storage with a total capital of about 1,000 billion VND. The project is a multi-temperature cold storage system from -25oC to +18-20oC, suitable for all kinds of goods that require temperature preservation, from consumer foods to items for export services such as fruit, agriculture product, seafood,etc in Long An as well as  Mekong Delta. It can be said that this will be the most modern cold storage in Vietnam and the region, with a structure including 1 fully automatic cold storage area with a capacity of 40,000 pallet positions with 18 floors of storage shelves, 1 semi-automatically operated cold and cool warehouse with a capacity of 15,000 pallet positions, 1 cargo handling area including preliminary processing, packaging, classification,etc fully comply with hygiene standards food safety, environmental protection as well as local regulations. There is also Lotte Eco Logis Long An Co., Ltd project of Lotte Land Co., Ltd (Korean investment capital) in Phu An Thanh Industrial Park, An Thanh commune, Ben Luc district with an area of 79,142m2 with total investment capital of phase 1 of 306 billion VND. Accordingly, Lotte Eco Logis Co., Ltd. invests in a project of warehousing services, storing goods and leasing warehouses.

In addition, to meet the needs of transportation, import and export, and improve competitiveness for businesses, the province plans 6 logistics centers including 3 located in Thanh Phu, Thanh Loi and Luong Hoa communes (Ben Luc district), with a total area of about 110ha; 1 located in Binh Hiep International Border Gate Economic Zone (Kien Tuong town), with an area of 10ha; 1 located in My Quy Tay border gate (Duc Hue district), with an area of 10ha; and 1 located in Long An International Port (Can Giuoc district). Up to now, logistics centers in Thanh Phu commune and at Long An International Port have been put into operation.

Long An is located in the Southern Key Economic Zone, being the gateway from Ho Chi Minh City, the Southeast to the southwestern provinces, with borders, border gates and international ports. Thereby, Long An has advantages in industrial development, trade - service and high-tech agriculture.

In the coming time, the province will focus on implementing solutions to improve the investment and business environment, striving to improve the provincial competitiveness index., at the same time, strengthen administrative reform, improve the quality of administrative procedures, minimize the need for businesses and people to travel, regularly organize contact and dialogue activities with enterprises on a monthly basis to promptly support and remove difficulties in the production and business process./.

Source: https://news.baolongan.vn/

21/12/2022 9:00 SAĐã ban hành
Canada a potential market for Vietnam’s rice: InsidersCanada a potential market for Vietnam’s rice: Insiders
With a high demand for rice, Canada is considered a potential market for exporters of Vietnam, according to insiders.



Vietnamese ST25 brand. Illustrative image. The Vietnam Trade Office in Canada is coordinating with domestic agencies, rice associations and exporters and importers to increase Vietnam's rice market share in the Canadian market (Photo: VietnamPlus)

Vietnam holds the 5th place among the rice exporters to the North American country.

After the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, Vietnam's rice export value to this market increased by more than 60% to nearly 9.5 million USD in the 2018-2022 period,  according to the Canadian Border Services Agency (CBSA).

In the first six months of this year, its value rose by more than 35% year-on-year, topping 6 million USD.

However, Vietnamese rice makes up just 3% in volume and 1.5% in value of the North American country's import of this commodity and less than one-tenth of the market share of Thai rice. Therefore, ample room remains for Vietnamese rice since it has a competitive advantage in terms of price in comparison with other products of the same type.

In an interview granted to the Vietnam News Agency, Trade Counselor Tran Thu Quynh said the embassy in Canada has made great efforts to support Vietnamese businesses, particularly those of overseas Vietnamese, to access the retail system of the host country.

As a result, Vietnam's rice products have posted a strong growth in both quantity and export price since the beginning of this year, she said, adding that the price of Vietnamese rice reaches 800-830 USD per tonne on average.

According to Quynh, the number of businesses importing Vietnamese rice in the Canadian market is still modest and operating in some large cities such as Vancouver, Montreal, or Toronto. Previously, they often imported Thai rice but have shifted to importing ST25 brand, contributing to the growth of Vietnamese rice to this market, she noted.

Dinh Trung Dung, director of the Vietnam CanadaTrading Ltd, said that Canada is a large rice consumption market, demanding about 500,000 tonnes per year. However, this market also has strict requirements in terms of quality. Therefore, he said that there should be close coordination from all parties, including the local Trade Office, exporters and importers, to ensure stable quality, especially for the ST25 brand, as the Thais did for their high-quality Hom Mali rice.

The Vietnam Trade Office in Canada is also actively coordinating with domestic agencies, rice associations and exporters and importers to increase Vietnam's rice market share in the Canadian market, Quynh said, elaborating that importers will get support relating to market research to set up business expansion strategies./.

Source: VNA

21/09/2023 8:00 SAĐã ban hành
Long An compatriots in Ho Chi Minh City meet to celebrate Lunar New Year in 2023Long An compatriots in Ho Chi Minh City meet to celebrate Lunar New Year in 2023
On February 11, at District 5 Political Training Center, the Liaison Committee of Long An compatriots in Ho Chi Minh City held a meeting to celebrate the Lunar New Year in 2023.


Standing Deputy Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation - Nguyen Thanh Hai (4th, L) and Chairman of the Provincial People's Committee - Nguyen Van Ut (3rd, R) presented flowers and certificates of merit to the collectives, Individuals who have made achievements in mobilizing and contributing funds for social work in Long An province in 2022

Standing Deputy Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation - Nguyen Thanh Hai; Chairman of the Provincial People's Committee - Nguyen Van Ut; Standing Vice Chairman of the Provincial People's Council - Mai Van Nhieu; Vice Chairman of the Provincial People's Committee - Pham Tan Hoa and leaders of departments, agencies, provincial mass organizations and districts, towns and cities in the province attended the meeting.


Many stalls of local products in Long An were displayed and introduced to customers at the meeting

At the meeting, Dr., Lawyer Nguyen Van Tho - Head of Liaison Committee of Long An compatriots in Ho Chi Minh City reported the results of activities in 2022. The Liaison Committee has made great efforts and demonstrated the role of a bridge between the province and those who are far from home with activities towards the homeland. In addition to accompanying in the prevention of the Covid-19 epidemic, supporting the return of people to their homeland, the Liaison Committee also has many contributions in the fields of health, education, taking care of the lives of the poor, etc.


Delegates attended the meeting

Last year, the Committee mobilized members, businesses, and sponsors to donate billions of dong to build many houses of gratitude and love for policy families, poor households and Agent Orange victims and build bridges; to donate thousands of gifts and scholarships to poor households, studious students in remote areas in the province


Vice Chairman of the Provincial People's Committee - Pham Tan Hoa spoke at the meeting

Speaking at the meeting, Vice Chairman of the Provincial People's Committee - Pham Tan Hoa acknowledged and highly appreciated the positive contributions of Long An compatriots in Ho Chi Minh City in the construction and development of the homeland over the past time. He hoped that Long An compatriots would continue to make more practical contributions in the coming time.

On the occasion of the Lunar New Year in 2023, he sent his best wishes to the families of those living far from home to welcome the new year with much joy and success in life.

Welcome musical performance at the meeting

On this occasion, the Provincial People's Committee awarded certificates of merit to 1 collective and 5 individuals that had achievements in campaigning and contributing funds to carry out social work in Long An province in 2022./.

Source: https://news.baolongan.vn/

13/02/2023 9:00 SAĐã ban hành
Dragon fruit price increases as entering season endDragon fruit price increases as entering season end
Since the beginning of November 2023, the price of dragon fruit in Long An province has increased and remained stable. However, the output is not high anymore as entering the end of harvest season.

Farmers are excited to harvest dragon fruit due to high and stable selling prices

According to many farmers, currently, dragon fruit prices are high because they have entered the end of the harvest season. Specifically, the price ranges from 10,000-30,000 VND/kg. In particular, the price of white-flesh dragon fruit ranges from 10,000-12,000 VND/kg; The price of red flesh dragon fruit type 1 is from 28,000-30,000 VND/kg, type 2 is from 22,000-24,000 VND/kg, type 3 is from 16,000-18,000 VND/kg.

Mr. Le Van Binh (Binh Quoi commune, Chau Thanh district) has just harvested 4 tons of dragon fruit, selling them for 25,000 VND/kg. After deducting expenses, he earned a profit of over 60 million VND. Mr. Binh said: "Since the beginning of 2023, the price of dragon fruit has been relatively stable, not like last year. This is a motivation for farmers to feel secure in investing and taking care of dragon fruit gardens."

Having just harvested more than 2 hectares of dragon fruit and sold them for 23,000 VND/kg, Mr. Nguyen Van Be (An Luc Long commune, Chau Thanh district) shared: "The price of dragon fruit, although not as high as in previous years, is stable. Therefore, growers have high income and can feel secure in investing in and continuing to take care of their gardens to prepare for off-season production."

Currently, the province has successfully built the geographical indication "Chau Thanh Long An Dragon Fruit" and has 3 cooperatives, 1 association granted certificate of right to use the geographical indication "Chau Thanh Long An Dragon Fruit" includes: Tam Vu Dragon Fruit Cooperative, Thanh Phu Long Cooperative, Duong Xuan Cooperative and Long An Dragon Fruit Association.

Along with that, recently, the Provincial Agriculture Department has coordinated with localities to deploy training and transfer dragon fruit farming techniques in the direction of VietGAP and GlobalGAP for cooperatives, cooperative groups and farmers. Thereby, many cooperatives have built high-quality dragon fruit growing areas.

Typically, Tam Vu Dragon Fruit Cooperative (Chau Thanh district) has formed a dragon fruit growing area according to VietGAP and GlobalGAP standards with more than 40 members and a production area of more than 50 hectares. Director of Tam Vu Dragon Fruit Cooperative - Truong Quang An shared: "Thanks to good compliance with VietGAP and GlobalGAP processes and standards, the cooperative's dragon fruits are highly appreciated by purchasing companies. Currently, the cooperative continues to mobilize dragon fruit growers to join the cooperative and convert production according to VietGAP and GlobalGAP standards to stabilize output."

According to Department of Agriculture and Rural Development, the whole province currently has nearly 9,000 hectares of dragon fruit, an increase of more than 640 hectares over the same period. Of which, more than 7,300 hectares of dragon fruit are bearing fruit, concentrated mainly in Chau Thanh, Tan Tru districts and Tan An city. The entire province has 241 growing area codes for export to markets such as Korea, Japan, United States, Australia, New Zealand, EU, Russia, UK, and China.

Director of Department of Agriculture and Rural Development - Nguyen Thanh Truyen informed: In order to ensure a long-term, sustainable solution for the future development of dragon fruit, the Provincial Agriculture sector coordinates with localities to orient and create favorable conditions for cooperatives and businesses to coordinate with dragon fruit growers to produce according to VietGAP, GlobalGAP, organic standards, etc to increase export turnover, overcome regulations and technical barriers to achieve sustainable production and consumption chains.

In addition, Provincial Agriculture Department also advises the Provincial People's Committee to encourage processing enterprises to invest in building factories to produce diverse processed products from dragon fruit to partly contribute to solving the output problem when the harvest season is in full swing./.

Source: https://news.baolongan.vn/

08/12/2023 2:00 CHĐã ban hành
Manufacturing and processing sector playing key role in FDI attractionManufacturing and processing sector playing key role in FDI attraction
The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.

Lĩnh vực chế biến chế tạo đóng vai trò quan trọng trong thu hút FDI.jpg

Processing pineapples at a plant in An Giang (Photo: VNA)

Of the 613 foreign-invested projects in 18 sectors licensed this year, electricity production and distribution ranked second in terms of FDI attraction with more than 5.4 billion USD, or over 38 percent of the total, followed by real estate with over 1 billion USD.

Head of the Ministry of Planning and Investment (MoPI)'s Foreign Investment Agency Do Nhat Hoang said FDI flows to key areas such as energy and manufacturing and processing are evidence of Vietnam's stability and prestige in FDI attraction.

Minister of Planning and Investment Nguyen Chi Dung recently issued a decision removing 58 administrative procedures in investment, thus helping enterprises save time and money.

The MoPI also announced 65 new administrative procedures in investment from the central to provincial levels, creating favourable conditions for investors./.

Source: VNA

21/06/2021 2:00 CHĐã ban hành
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LONG AN PORTAL
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