Long An (VNA) – The Mekong Delta province of Long An has recalled licences of41 projects with a combined investment of 71.2 million USD so far this year.
Consistingmostly of manufacturing and housing projects areas, they were cancelled due toreasons like slow progress, investors wanting to cease their projects, andeconomic challenges due to COVID-19.
Huynh Van Son,Director of the provincial Department of Industry and Trade, said they included17 FDI projects.
He told Nguoi Lao Dong newspaper thatwhile scrapping the projects could negatively impact official revenues andjobs, Long An is seeking to “improve the investment climate and createopportunities for other interested investors.”
Officials havebeen instructed to appraise and rescind projects that are behind schedule.
The departmenthas told investors to make periodic reports on their progress.
The provincehas set up an online management system to help investors make regular updates.
Investors alsohave to publicise information about their projects at the project sites, suchas identity, project scale and progress unless they are in industrial parks andclusters.
According tothe People’s Committee, projects that fail to progress on schedule will bescrapped except for those that are eligible for deadline extensions./.
Enterprises operating in the Mekong Delta province of Long An received updates on the EU-Vietnam Free Trade Agreement (EVFTA) and international economic integration in general at a conference hosted by the provincial People’s Committee on October 9.
Favourably located close to the country’s industrial hub of Ho Chi Minh City and with preferential policies for attracting investment, Long An province is a popular destination among investors these days.
The Mekong Delta province of Long An plans to increase its rate of high-quality rice cultivation to 70 -75 percent during 2021 – 2025 from the current 50 percent, according to its Department of Agriculture and Rural Development.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Illustrative photo (Source: nld.com.vn) 
