Topic: free trade zone

The National Assembly has approved a resolution on special mechanisms and policies for development of the northern port city..

Spanning approximately 1,881 hectares, the FTZ comprises non-contiguous areas with specialised functional zones including production, logistics, trade and services, digital technology, information technology and innovation hubs.

The zone, located in central Da Nang city, featuring functional areas covering production-logistics, trade-services, digital technology industries and innovation.

The proposal is part of a draft National Assembly resolution on spcial mechanisms and policies for Hai Phong.

The proposed New Generation Free Trade Zone aims to introduce exceptional and breakthrough mechanisms and policies to attract investment, finance, trade, and services.

There is much for Vietnam to do to bring plans of establishing free trade zones around the country into being.

This initiative aims to capitalize on logistics efficiencies and foster both local and regional economic growth.

Da Nang has identified 10 potential locations for the Free Trade Zone, spanning nearly 1,500 ha.

The forum will focus on positioning Da Nang as a regional logistics hub and international manufacturing, trading, and logistics center.

The zone featuring three functional areas covering production, port logistics, and trade-services.