Việt Nam’s revised national master plan aims to new growth hubs, strengthen regional connectivity and accelerate technology-driven development as the country targets annual economic growth of at least 10 per cent in the coming years.
Covering an area of more than 27,100 hectares, the zone has five main functional areas: a port area, an industrial area, a non-tariff area, an urban area and a tourist site.
Experts have predicted a lacklustre future for a chain of economic zones (EZs) built more than a decade ago in the central region. Instead of working together for common benefits, these EZs are competing against each other.
The Ministry of Planning and Investment has been drafting a law for the
operation of three special economic zones in three provinces of Viet Nam
for foreign investment projects.