Under the allocation, the Hai Phong Economic Zone Authority (HEZA) is assigned to handle 116 administrative procedures, while 595 others will be administered by six municipal departments.
The project is designated for manufacturing, logistics, digital technology, information technology, and complementary activities aligned with the master development plan for the Da Nang Free Trade Zone.
During their meeting in Copenhagen on October 19 (local time), General Secretary and President To Lam and King Frederik X highlighted the expansion of bilateral economic, trade and investment cooperation.
General Secretary and President Lam stressed that looking back over the past 55 years, from standing together through difficult times, Vietnam and Denmark have built deep mutual trust, paving the way for a new horizon of cooperation.
The project will build technical infrastructure systems, including ground leveling, transport roads, rainwater and wastewater drainage, a wastewater treatment station, power supply, public lighting, multi-utility service trenches, and green parks.