Authorities in the Mekong Delta province of Long An have so far this year revoked licences of 9 domestic and 9 foreign-funded projects due to their sluggish progress.
Long An (VNA) – Authorities in the Mekong Deltaprovince of Long An have so far this year revoked licences of 9 domestic and 9foreign-funded projects due to their sluggish progress.
The projects use a total of 10ha of land, of which 5.5hawere occupied by the foreign-funded investors.
The revoked foreign-invested projects had combinedinvestment capital of 24 million USD, while that of domestic ones hit 282billion VND (12.14 million USD).
Nguyen Van Tieu, Director of the provincial Department ofPlanning and Investment, said in addition to ending the operation of several projects,Long An pays attention to create favourable conditions for investors viavarious investment promotion activities.
Last year, Long An issued licences to 90 new foreign directinvestment (FDI) projects with a combined capital of 450 million USD, thusmaintaining its leading position in FDI attraction in the Mekong Delta region.
In the first six months of 2019, the province attracted 115domestic projects worth over 10.94 trillion VND (471.24 million USD), 49projects and 4.9 trillion VND higher than that of the same period last year.There were also 58 new foreign-invested projects licensed, with their registeredcapital totalling 208.6 million USD.-VNA
Long An province led localities in the Mekong Delta region in budget collection in 2018, which hit over 13.8 trillion VND (over 595 million USD), 3.8 trillion VND higher than the target set for the year.
Chungcheongnam province of the Republic of Korea (RoK) will make all-out efforts to help Vietnam’s southern province of Long An in industrial and agricultural development, an official of the RoK province said on May 29.
The BCG - CME Long An 1 solar power plant in Long An province has been inaugurated by the joint venture between the Bamboo Capital Group and the Vietnam-Oman Investment Fund.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative photo (Source: VNA) 
