Long An’s Allure - a “Magnet” with Constantly Improving Infrastructure and a Transparent Investment Environment

DNHN - Looking back on the difficult journey in 2023, the Party Committee, government, people and business community in Long An province can be proud to have successfully and comprehensively “overcome the headwinds” together with the whole country.

The Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Council of Long An - Mr Nguyen Van Duoc spoke at the beginning of the year meeting between provincial leaders and the Association, Council, and Enterprises in Long An province. In 2023, in the context of the volatile and unpredictable global economic and political situation, it can be said that it was even more difficult than in 2022, which severely affected the socio-economic development of Vietnam in general and Long An province in particular. However, it was in the context of “fire testing gold, hardship testing strength”, with innovation in thinking and action, that a series of solutions were implemented decisively in all areas. Looking back on the difficult journey we have travelled in 2023, the Party Committee, government, people and business community both domestically and internationally in Long An province can be proud to have successfully and comprehensively “overcome the headwinds” together with the whole country in all areas.

Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Council of Long An - Mr Nguyen Van Duoc
Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Council of Long An - Mr Nguyen Van Duoc.

Specifically, the province’s economic growth reached 5.77%, higher than the national average; the scale of the economy ranked 13th in the country; GRDP per capita reached over 96 million VND; state budget revenue reached 21,000 billion VND; domestic and foreign investment increased compared to the same period. Many outstanding events were organised and many important national and provincial transport projects were started, making Long An truly become a “major construction site”. In particular, the province has always focused on taking good care of people’s lives, determined “not to leave anyone behind”, and “every citizen of Long An enjoys the fruits of growth”.

The most valuable thing is that at a time when the business community faced many difficulties and challenges, having to solve both input and output problems in production, as well as having to balance finances with many additional costs. However, the team of entrepreneurs and the business community both domestically and internationally continued to promote a high sense of responsibility towards society; many businesses proactively and voluntarily contributed to investing in the construction of rural roads and bridges; renovating many historical sites and monuments; building new schools, etc. In particular, during the Lunar New Year 2024, businesses paid great attention to contributing to and caring for social security work, especially supporting the lives of the poor, poor workers, workers who lost their jobs, reduced work, reduced working hours and other difficult circumstances in society, with a total budget of nearly 100 billion VND.

“The Party Committee, government and people of Long An acknowledge, deeply appreciate and send our sincere gratitude to entrepreneurs and businesses for their substantial, sincere and valuable contributions and support,” the Secretary of the Provincial Party Committee emphasised.

At the meeting, the Deputy General Director of Coca-Cola Vietnam Beverage Company - Mr Bui Khanh Nguyen assessed that in the role of an investor, the unit felt the attraction of Long An as a “magnet” with constantly improving infrastructure and a transparent, clear and attractive investment environment. Through the meeting, the company expressed its gratitude to the provincial leaders and government agencies for always caring and creating the best conditions for the construction of the company’s smart, environmentally friendly factory in the province, achieving progress and efficiency to officially put it into operation as soon as possible.

Chairman of the Korean Chamber of Commerce and Industry in Long An - Mr Ho Joong
Chairman of the Korean Chamber of Commerce and Industry in Long An - Mr Ho Joong.

The Chairman of the Korean Chamber of Commerce and Industry in Long An (KOCHAM Long An) - Mr Ho Joong said that 2023 was a very difficult year for the economies of countries in general and Vietnam in particular. However, with the support and direction of leaders and government agencies, the Vietnamese economy is recovering faster than other countries. In particular, the excellent support of the leaders of Long An province must be mentioned. “Although I have not invested in all 63 provinces and cities, in my personal opinion, of the provinces and cities where I have invested in business, the investment environment in Long An is the most stable thanks to the determination to develop the local economy and the policy of supporting businesses investing by leaders at all levels in Long An, which is also the reason why more and more businesses are investing in Long An. Business development is economic development, creating a budget that contributes to social security for the people, and creating jobs for workers in the province, on behalf of the Association of Korean Businesses in Long An, we hope to invest and accompany Long An province even more in the future,” said Mr Ho Joong.

The Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Council - Mr Nguyen Van Duoc also expressed his belief that in the coming time, the business community will continue to play a central and pioneering role in applying science and technology; investing in increasing labour productivity, the productivity of synthetic factors, digital transformation; contributing to the reform of administrative procedures, improving the quality of human resources, etc. Thereby, it is possible to proactively respond to all situations, promote production and business in the new situation, and join hands to contribute to the common development of Long An’s homeland.

Uyen Nhi

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