From an underdeveloped economy, Việt Nam has grown into one of the world’s 32 largest economies with its economic scale expanding nearly 100 folds since 1986 and per-capita income from below $100 to nearly $5,000.
Việt Nam and the European Free Trade Association have launched the 18th round of free trade talks in Đà Nẵng, aiming to reach a basic agreement, the Ministry of Industry and Trade said.
ASEAN’s rapidly growing consumer market continues to present major opportunities for Vietnamese enterprises, though firms are increasingly required to meet higher technical and origin standards.
The 6,300ha free trade zone will consist of three non-contiguous sites connected to the Đình Vũ–Cát Hải Economic Zone and the southern coastal economic area.
In an era marked by rising global tensions and trade fragmentation, the EVFTA stands as a testament to inclusive, rules-based cooperation – one rooted in shared values, sustainability and long-term strategic alignment.
The Prime Minister''s Decision on the establishment of Đà Nẵng Free Trade Zone (FTZ), which was officially announced on June 21, on 1,881 hectares, would help contribute 17.9 per cent to Đà Nẵng City’s gross regional domestic product (GRDP) and...
The launch of the Free Trade Zone is widely seen as a key strategic step to transform Hải Phòng into a leading logistics and innovation hub in northern Việt Nam, strengthening its role in international trade and supply chains.
The project’s capital structure includes 5 per cent public funding, 40 per cent from domestic private investors, and the remaining 55 per cent from foreign direct investment (FDI).
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.