The Mekong Delta’s Long An province has attracted over 1,200 FDI projects to date with total investment capital of more than $10 billion, ranking it tenth among Vietnam’s 63 cities and provinces, the Government News has reported.

The total was revealed at a working session between Prime Minister Pham Minh Chinh and authorities from Long An province on July 25.

In the first half of this year, the province granted investment licenses to 39 FDI projects with total capital of $408.5 million.

Its administrative reform and investment environment have been continually improved, ranking 10th in Vietnam last year in the Provincial Competitiveness Index (PCI).

It posted GRDP growth of 3.43 per cent in the first half.

However, Prime Minister Chinh said its economic growth has failed to meet its potential and strengths.

He asked the province to work harder to attract large-scale, high-tech FDI projects.

It should focus on key development pillars, including ecological agriculture, green industry, high-technology, manufacturing and processing, energy, logistics, e-commerce, the circular economy, digital transformation, and infrastructure, the Prime Minister said.

Source: VNECONOMY