VINH LONG INFO
ECONOMIC POTENTIALS
1. ECONOMIC POTENTIALS
1.1. Agriculture
Rice: In 2014, the rice farming area was
180,207 hectares in 2014, yield of 60.33 quintals
/ ha, production of 1, 087.1 thousand tons/crop.
Crops: In 2014 crop area was 3,413ha,
increasing by 47,799ha comparing to that of 2013,
of which the crop area accounted for 57.8% of farm
land, up 13.74% comparing to that of 2013. The
area of sweet potato crops increased by 18.38%
comparing to that of the same period of 1.853ha,
the average yield was about 28,700 kg /ha.
Perennials: The province has 49,746 ha of
perennials of which 41.050 ha making fruits.
For fruits land, there are 40,770 ha. In 2014, the
estimated output was 512,000 tons of various
fruits of which 112,200 tonnes of coconut.
Livestock: Cattle and poultry were more
than 7.1 million of which approximately 342,000
pigs, 64,304 cows, and other kinds of poultry such as chickens, ducks,... accounting for 6.71 million
of which approximately 3.99 million chickens.
Fishery: It is the second strong potential
following the rice farming. Some main aquatic
products namely catfish, red tilapia etc. In 2014
the aquaculture production reached 112,894 tons
of which yields reached 106,172 tons. Especially
the catfish output was 82,260 tons for intensive
farming.
1.2. Industry
It is the major potential industry sectors such
as processing of agricultural products and food,
especially rice processing, aquaculture etc with
the famous traditional industries as handicrafts,
brick, tile production etc.
The estimated value of industrial production
in 2014 (at price of 2010) was 19,625 billion VND,
up 11.3% comparing to that of 2013.
1.3. Investment and Construction
The estimated value of construction in 2014 at
compared price of 2010 was 5.101,5 billion VND
up 7.94% comparing that of 2013. In particular,
the value of construction in the public sector
reached 181,5 billion VND, accounting for 3,56%
and reached 4.920 billionVND, representing
96,44%. in non-state sector respectively.
Total estimated investment capital for
infrastructure construction from the state budget
was VND 1,942 billion VND in 2014. The total
disbursed investment capital was approximately
VND 10,806 billion VND in 2014, up 6.36%
comparing that of 2013.
The foreign direct investment in 2014 reached
USD 37.1 million for 03 newly registered projects
and 01 added project mainly in the processing,
manufacturing, etc. The total disbursed foreign
direct investment capital was estimated at 9.55
million USD in 2014. Until early 2015, the province
has been attracting 28 FDI projects of total registered
estimated capital of 173,27 million USD.
1.4. Trade - Services
There are various forms of trade and services
with extensive network of diverse markets in the
province. Total retail sales of consumer goods and
services reached 28.865 billion VND, up 10.32%
comparing to that of 2013 of which retail sales of
goods increased 9.82%, sales of accommodation
and food increased by 12,95%.
Total estimated export value in 2014 was
USD 286,45 million; the total estimated import
value was USD 150,71 million.
1.5. Travel
Tourism is one of the potential sectors with
cultural, ancient historic relics such as Van
Thanh Shrine, Van Xuong Cac Temple, Tien Chau
Pagoda, Cong Than Temple, the Tan Giai Shrine,
Tan Hoa Temple, Memorial park of late chairman
of Council of Ministers Pham Hung, Memorial park
of Late Prime Minister Vo Van Kiet, Memorial park
of late professor, academician, Hero of Labor Tran
Dai Nghia etc. and the typical beautiful landscape
of rivers combined with the unique tourism forms
of the Mekong Delta region as village tourism,
farm tourism, eco garden tourism, home stay, etc.
Vinh Long is the extremely ideal destination for
both domestic and foreign tourists enjoying the
river beauty, natural characteristics.
Total visitors in 2014 reached 1.25 million of
754.5 thousand accommodation days, up 22.84%
in term of visitor number, and up 19.5% in term of
accommodation days comparing to that of 2013.