Long An affirms its position in attracting investment

Economic picture with many bright spots

According to information from the Provincial People's Committee, in the first 6 months of 2025, the socio-economic situation in the province continued to record many positive highlights in all areas. The estimated growth rate of gross regional domestic product (GRDP) in the first 6 months of 2025 increased by 8.34%; of which, region I increased by 3.91%; region II increased by 10.51%; region III increased by 7.7%.

According to the economic growth scenario, the province's economic growth rate is expected to reach 7.95% in the first 6 months of the year, exceeding the growth target set for the second quarter, creating a foundation and basis to achieve the growth target for 2025. Notably, industrial production and construction have a positive recovery trend, the industrial production index in the first 6 months of the year is estimated to increase by 11%, enterprises have many orders and increased production output, contributing to the growth of the industrial sector, most clearly shown in the industrial production index (IIP) increasing every month. Construction activities have a recovery trend, many projects within and outside the budget have started construction.

Chairman of the Provincial People's Committee - Nguyen Van Ut and leaders of departments and branches visited and encouraged businesses

In particular, the province has focused on investment promotion and business support to improve the environment and attract investment and business. Since the beginning of 2025, the province has successfully organized investment promotion delegations and cooperation connections in Japan and China; received and worked with many agencies, organizations, corporations and foreign investors to learn about the investment environment such as receiving and working with the Consulate General of Malaysia and Korea in Ho Chi Minh City; Onesky Organization of the United States; Forestry Project Management Board on the project funded by KOICA; Intersnack Cashew Company Limited; 5I2 Capital BV Company - Aquitara Impact Fund; Japan Business Association in Ho Chi Minh City; Coca-Cola Vietnam Beverage Company Limited; La Vie Company Limited; Tham Viet Investment Joint Stock Company and IMG Phuoc Dong Joint Stock Company; SHEIN Group Singapore; Iozera USA Company and discussions with Sumitomo Corporation, Maeda Kensetsu Corporation (Japan).

At the same time, the province also maintains and regularly organizes dialogue activities with domestic and foreign enterprises; maintains a special working group to remove difficulties and obstacles, support enterprises, investors, and investment projects. From drastic measures in improving the investment environment, in the first 6 months of the year, the province has started many industrial, commercial, and urban projects with large investment capital, expected to create a driving force to promote economic growth such as the groundbreaking of the Thanh Phu Commune Ecological, Commercial, and Tourism Urban Area project, Ben Luc District; Mai Ba Huong Residential Area project; groundbreaking of Tandoland Industrial Park; opening of Provincial Road 823D - the new Northwest axis connecting Long An - Ho Chi Minh City or inauguration of the Shiliduo Company's Auto Parts and Accessories Factory project.

The increasingly open and transparent investment environment, along with the province's commitments to support, has helped Long An continue to be a bright spot in attracting investment, especially FDI . Up to now, the province has attracted 1,530 FDI projects with a registered investment capital of 13,092.11 million USD and is the leading locality in the Mekong Delta region in attracting FDI capital.

Significantly improve the investment environment

Along with the bright spots in socio-economic development, from the beginning of 2025 until now, the province continues to determine to promote the improvement of the investment and business environment. According to the PCI announcement in 2024 of the Vietnam Federation of Commerce and Industry, in 20 years of implementing PCI assessment, Long An is honored to be the 2nd locality nationwide in terms of the most outstanding level of reform, especially in recent years, the province has always been in the top locality in PCI. In particular, in 2024, the province's PCI reached 72.64 points, an increase of 1.7 points compared to 2023, ranking 3rd out of 63 provinces and cities and continuing to maintain the leading position in the Mekong Delta region.

According to Director of the Department of Finance - Truong Van Liep, the PCI results have reflected the continuous efforts and substantial reforms in the investment and business environment that have been recognized and evaluated by the business community. In the first 6 months of the year alone, provincial leaders continuously organized working delegations to visit and encourage businesses; held meetings with diplomatic agencies, associations, unions, and businesses. In particular, the province organized 4 working delegations led by provincial leaders to visit businesses in key industrial development areas of the province such as Duc Hoa, Ben Luc, Can Giuoc, and Can Duoc districts.

Chairman of the Provincial People's Committee - Nguyen Van Ut and leaders of departments and branches regularly meet, receive and remove difficulties and obstacles for businesses.

In order to fulfill its commitment to accompany enterprises, the province also regularly meets, receives and resolves difficulties and obstacles for enterprises, organizes thematic dialogues to remove "bottlenecks" as well as informs about new regulations so that enterprises can promptly understand and apply them. In particular, the province has successfully organized 4 dialogue conferences with enterprises operating in Duc Hoa, Ben Luc, Can Giuoc and Can Duoc districts.

Recently, on May 26, the province successfully organized the Korea - Long An Investment Cooperation Dialogue and Promotion Conference in 2025, integrating two contents of business dialogue and investment promotion to help Korean enterprises clearly see the commitment of the provincial government and introduce the potentials, competitive advantages and investment opportunities in Long An province.

According to Mr. Truong Van Liep, in the last 6 months of the year, the Department will focus on deploying and effectively implementing resolutions and directives of the Central and the province; the Investment Promotion Program in 2025 and deploying investment attraction activities with focus, key points and in accordance with the Provincial Planning, strategy, investment attraction orientation in the new situation and the socio-economic development plan for the period 2021-2030.

In particular, priority is given to innovation, diversification of content and implementation methods, application of digital transformation in investment promotion, coordination and combination of central investment promotion agencies and international organizations to promote foreign direct investment attraction to create breakthroughs, unblock, and timely and effectively mobilize large domestic and foreign resources for key projects.

At the same time, the province continues to maintain and develop investment promotion activities abroad, especially in potential markets such as Korea, Japan, China, Australia and European countries to diversify investment capital sources, attract high-value, sustainable projects using advanced technology. In addition, improving the investment environment, enhancing competitiveness with a focus on administrative procedure reform; enhancing digital transformation in handling administrative procedures related to investment and business, contributing to the construction of digital government is also one of the key tasks identified by the Department to create an investment environment in the province.

In attracting investment, the province will aim to attract investment selectively, focusing on attracting high-tech, advanced technology projects with high added value, economical use of land and energy; branded economic groups, leading investors with strong financial capacity and good management experience, capable of attracting many supporting manufacturing enterprises, creating connections and spillovers between the foreign investment sector and the domestic economic sector, connecting production and supply chains, promoting social responsibility and environmental protection.

"In particular, with the view that the difficulties of enterprises are also the difficulties of the province, the Department will proactively grasp the obstacles and difficulties of investors in the process of researching, implementing investment procedures and in production and business activities, promptly and thoroughly resolving them for enterprises as well as coordinating with sectors to promptly advise and propose the completion of specific mechanisms and policies, ensuring compliance with legal regulations and within authority to create an open and competitive investment environment, helping to increase the efficiency of attracting investment in large projects with high spillover effects in the socio-economic development of the province" - Mr. Truong Van Liep affirmed./.

Perseverance

Source: https://baolongan.vn/long-an-khang-dinh-vi-the-trong-thu-hut-dau-tu-a197344.html