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Update news free trade zones
The Prime Minister pushes forward pilot plans for free trade zones as strategic economic engines for the country’s future.
On the afternoon of November 28, the People’s Committee of Da Nang City hosted an investment promotion conference to introduce its new Free Trade Zone (FTZ) and associated logistics infrastructure.
Authorities of Hai Phong city on October 16 announced the establishment of a Free Trade Zone (FTZ), making it a new growth engine in line with the Politburo’s Resolution 45, which charts the city’s development through 2030, with a vision to 2045.
A massive free trade zone surrounding Long Thanh airport could transform Dong Nai into a global logistics and innovation hub.
The central city of Da Nang is zoning off land areas, building infrastructure, proposing policies, and actively seeking strategic investors to soon put its Free Trade Zone (FTZ) into operation.
Da Nang has commenced construction on a cluster of three major projects at the foot of Ba Na Hills, with a combined investment exceeding 52 trillion VND (approximately USD 2.05 billion).
Da Nang is committed to creating the most favourable conditions for projects to be implemented quickly, effectively, and sustainably, Vice Chairman of the municipal People’s Committee Tran Chi Cuong has said.
Ho Chi Minh City is moving ahead with plans for four new free trade zones, though most remain under research as legal and policy frameworks lag.
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.