The proposed free trade zone in the central province would follow a multi-site, smart model, connecting seaports, border gates and East-West transport corridors.
The central city granting investment approval to 11 new projects with combined registered capital of VND9.157 trillion ($348 million) during the first seven months of 2026.
The event has evolved beyond a conventional product exhibition into a platform for promoting the economic, investment, trade and tourism potential of localities along the East-West Economic Corridor.
The project is expected to help the central province gradually strengthen its participation in supply chains for semiconductor materials and other high-tech industries.
The project is expected to provide a foundation for completing one of Vietnam's key strategic seaports while supporting the development of a major logistics hub in central Vietnam.
H.E. Gillian Bird, Ambassador of Australia to Vietnam, tells Ngoc Lan that bilateral trade continues to grow strongly, while significant opportunities are available to deepen investment and cooperation in emerging sectors...
The proposed project would help complete Vietnam's national transport network while creating a new economic corridor linking Quang Ninh, Hai Phong, and the Hanoi Capital Region.
Once completed, the projects are expected to significantly strengthen the central city's strategic transport network by improving connectivity between urban areas, industrial parks, the national expressway system, seaports, and neighboring localities.
A training programme in Ho Chi Minh City highlighted international cooperation, transnational education and global partnerships as key drivers of Vietnam's higher education internationalisation.