Bright spot in attracting FDI
Information from the People's Committee of Long An Province, accumulated from the beginning of 2025, on foreign investment, the province issued an investment certificate for 104 projects (an increase of 01 compared to the same period), the new investment capital granted 507.83 million USD; Capital adjustment for 85 projects with investment capital increased by US $ 153.68 million. According to the report of the Foreign Investment Department, the total new registered capital, adjusting and contributing capital to buy shares of foreign investors in Long An has reached over 14.2 billion USD with 1,483 projects; accounting for over 71% of projects and over 38% of FDI capital into the Mekong Delta region.
With this result, Long An continues to maintain its position in the Top of the country in FDI attraction. Notably, in 2024, Long An was voted in the Top 10 localities attracting large enterprises published by Vietnam Report Magazine.
Mr. Huynh Van Son - Vice Chairman of Long An Provincial People's Committee - said that in order to effectively attract investment capital flows and create sustainable competitive advantages, the province determined that the investment environment must be truly open, equal and safe. In recent times, investment promotion work has been implemented proactively, flexibly, innovatively, closely linked to economic diplomacy, contributing to enhancing Long An's position and prestige in the international arena.
That has become an advantage that helps Long An strongly attract investment capital flows. In 2024, the province will have more than 2,300 newly established enterprises with a total charter capital of over VND 23,000 billion; receive many domestic and foreign projects with a total capital of over VND 187,000 billion, notably large-scale projects such as Suntory PepsiCo Vietnam Beverage Factory, Aeon Tan An Commercial Center, etc.
Currently, Long An has received investment capital from 41 countries and territories, of which investors from Korea, Japan, and Singapore account for a large proportion.
Provincial leaders proactively " knock on doors" to businesses
According to the plan of the People's Committee of Long An province, from March 30 to April 5, 2025, Long An will organize a working group to visit, work, promote agriculture and connect localities in Japan.
The working delegation led by Mr. Nguyen Van Ut - Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Long An province - will visit enterprises operating in the agricultural sector in localities that have signed cooperation agreements with Long An province; work with the steel and industrial materials production corporation; work with Sapporo Company in Tokyo; work with Ibaraki province on high-tech agriculture. At the same time, visit the seaport model at Yokohama Port, Kanagawa Province; survey Toyota City, a low-carbon city; visit and survey a number of businesses with effective advanced economic models in Tokyo, ...
Mr. Huynh Van Son added that the provincial leaders proactively "knocked on the doors" of large domestic corporations and directly went to many countries around the world to approach and invite investment in Long An.
In 2024, the Provincial Party Secretary and the Chairman of the Provincial People's Committee personally led working delegations to visit and invite investment in large corporations in Japan, Korea and European countries such as France, Germany, Belgium, Switzerland, etc.
Long An has proactively prepared conditions to be ready to receive investment such as: Improving the quality of human resources, completing industrial park infrastructure, developing inter-regional transportation to reduce operating costs, and increasing competitiveness. The province also resolutely improves the investment environment, regularly dialogues with businesses, promptly removes obstacles, promotes administrative reform and accompanies investors from preparation to project implementation.
Thanks to this support, Long An has become an attractive destination for investors, attracting many projects with high technology, environmental friendliness, in line with the orientation of sustainable development.
Mr. Huynh Van Son affirmed that in order to continue improving the investment environment and attracting large domestic and foreign enterprises, Long An focuses on effectively implementing the provincial planning for the period 2021-2030, with a vision to 2050 in the spirit of " do as much as you do, you will definitely do it".
The province's consistent viewpoint is to always accompany businesses, thereby implementing many practical solutions at all levels and sectors, resolutely removing bottlenecks, creating conditions for businesses to adapt and develop in the new context.
