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Update news free trade zones
Dong Nai outlines its ambitious free trade zone, complete with foreign exchange freedoms and cross-border capital flow mechanisms.
Dong Nai proposes a massive 8,528-hectare free trade zone adjacent to Long Thanh Airport and Phuoc An Port, with an estimated investment of $16 billion.
In a significant milestone for regional development, Deputy Prime Minister Nguyen Hoa Binh on June 22 officially announced the Prime Minister's decision to establish the Da Nang Free Trade Zone (FTZ), the first of its kind in Vietnam.
Hai Phong plans to establish a 6,470 hectare free trade zone (FTZ), offering outstanding investment incentives such as exemptions from land rents and specialized inspections for qualified goods.
Vietnam’s central city takes a bold economic leap with a new trade zone integrating logistics, tech, and services across strategic locations.
The Da Nang Free Trade Zone, which will cover more than 2,300ha with key function sites for manufacturing, a logistics centre and trade and services, would need an investment of 40 trillion VNA (1.6 billion USD).
The area will be part of a 20,000-hectare economic zone built by the southern coast of the city.
Dong Nai proposes four locations for a free trade zone near Long Thanh Airport, aiming to drive economic growth and attract global investors.
The establishment of a free trade zone in Dong Nai is expected to boost trade, investment and create jobs, while contributing to developing an ASEAN logistics hub.
The seaport-linked FTZ in the Cai Mep Ha vicinity is expected to boost the maritime economy to capitalise on the strategic location of Ba Ria-Vung Tau.