Property

The project will raise the terminal's annual capacity from the current 4–6 million passengers to 14 million.

Policymakers and industry experts look at how Vietnam’s industrial parks can compete for high-value investment at a time when investors seek more than just a plot of land.

Vietnam’s modernized development strategy and ever-growing investor expectations have reshaped thinking on what an industrial park must provide tenants.

Vietnam’s focus must be on establishing next-generation industrial parks if it hopes to boost its position in global supply chains.

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.

The project will be implemented in phases—from 2026 to 2028 and 2028 to 2030—with a vision toward 2030. Priority will be given to people with meritorious services to the national revolution, policy-beneficiary families, and vulnerable groups.