On September 26, 2024, the Vietnam Real Estate Research Institute, in collaboration with the Vietnam Real Estate Electronic Magazine, officially released a research report titled: "Urban Development and Real Estate Market in Long An Province 2021-2025, with a Vision to 2030."

A Land Full of Potential

Long An has consistently been one of the top provinces in attracting foreign direct investment (FDI) in Vietnam. In the first half of 2024 alone, over 18,000 enterprises registered to operate in the province with a total capital of over VND 379,711 billion. Long An issued licenses for 44 new FDI projects, bringing the total to 1,301 projects worth more than $11.2 billion, with 635 projects already operational. Mr. Nguyễn Văn Út, Deputy Secretary of the Provincial Party Committee and Chairman of Long An's People's Committee, emphasized that Long An is committed to accompanying investors and businesses by continuously improving the investment environment and efficiently implementing supportive policies. Regular dialogue with businesses ensures that their concerns are promptly addressed, while administrative reforms, especially in investment, land, and environmental sectors, are accelerating. The province is also embracing digital transformation to enhance transparency and service quality. Investors describe Long An as a transparent and safe investment destination with friendly and genuine leadership. Businesses investing in Long An receive equal treatment and full support, regardless of their type or origin.

A Hotspot for Industrial Development

According to the Ministry of Planning and Investment, Long An ranks third nationwide in industrial park development, following Đồng Nai and Bình Dương provinces. Long An is considered a bright spot in industrial investment attraction, particularly in the Southern Key Economic Zone and the Mekong Delta. The province currently has 35 industrial parks covering 9,364 hectares, with 26 parks ready for investment. By 2030, Long An plans to add 17 new industrial parks, increasing its total to 51 parks covering over 12,433 hectares, making it the second-largest province in terms of industrial park area in the country. Thủ Thừa district, in particular, stands out with enormous industrial potential. It is ranked second in terms of available industrial park land, with a remarkable 2,016% growth potential.

Billion-Dollar Projects and Investment Opportunities

In recent months, Long An's real estate market has experienced significant positive changes due to the influx of billion-dollar mega projects. In March 2024, the Thái Sơn and Đại An joint venture registered to develop the Tân Mỹ New Urban Area in Đức Hòa District, a 930-hectare project with a total investment of $3 billion. Other significant projects include the Phước Vĩnh Tây New Urban Area, covering 1,090 hectares, with an investment of over $3 billion, and the Đức Hòa – Hậu Nghĩa New Urban Area, a 200-hectare project with an investment of over $1 billion. In July 2023, at the Long An Investment Promotion Conference, the People's Committee signed MoUs with 10 major investors for projects in infrastructure, industrial zones, urban areas, and entertainment complexes. Notable investors include Vingroup, BIM Group, and Phú Mỹ Hưng, showing the growing interest in the province’s development potential.

A Bright Future Ahead

According to Dr. Đinh Trọng Thịnh, Long An is on the right track, focusing on infrastructure development to drive urban and socio-economic growth. Dr. Đinh Thế Hiển further noted that the ongoing infrastructure plans, set to be completed by 2025-2026, will unlock Long An's full potential, positioning the province as a key player in both Eastern and Western Southern Vietnam. With its strategic location, abundant land resources, and growing industrial base, Long An is poised to become a major industrial and economic hub in the near future. The combination of public infrastructure investments and mega projects provides a unique opportunity for the province to attract even more investment, drive economic growth, and improve living standards for its residents. Long An's ability to attract investment is not coincidental. Its geographic location, vast land reserves, and rapid industrial development have transformed the province into an industrial satellite of Ho Chi Minh City, competing with Bình Dương and Đồng Nai. The province's favorable policies and transparent environment ensure that Long An will remain a key destination for industrial and residential real estate investors for years to come.