Investment

The Free Trade Zone in the northern port city is planned to include manufacturing areas, port and port-logistics facilities, logistics centers, commercial and service areas, and other functional zones.

As global sustainability standards tighten, Vietnam is accelerating the shift from traditional industrial parks to greener, smarter, and more resilient industrial ecosystems.

During a meeting on July 29 with a delegation from the Austrian Embassy in Vietnam and the Central and Eastern European Chamber of Commerce in Vietnam (CEEC), authorities of central Ha Tinh province pledged to continue improving its investment environment, streamlining administrative procedures, and supporting businesses.

Vietnam’s industrial parks must evolve to meet emerging investment and sustainability needs and facilitate economic growth.

The two sides are proposed to boost cooperation in infrastructure, renewable energy, shipbuilding and high-quality human resource development.

Mr. Mark Abdoo, Associate Commissioner for Global Policy and Strategy - the US Food and Drug Administration (FDA), highlighted the fact that the first US FDA office in the ASEAN region is placed in Vietnam demonstrates the US Government’s determination to expand and deepen the Comprehensive Strategic Partnership between the two countries.