Minister of Planning and Investment Nguyen Chi Dung and South Korean Ambassador Lee Hyuk signed the Framework Arrangement regarding US$1.5 billion loans from the Economic Development Cooperation Fund (EDCF) for the 2016-2020 period.
Minister of Planning and Investment Nguyen Chi Dung said three new special economic zones can attract at least US$10 billion worth of foreign direct investment (FDI) in the next five years.
Minister of Planning and Investment Nguyen Chi Dung said the plan on setting up three special economic zones (SEZs), including Van Don in Quang Ninh province, Bac Van Phong in Khanh Hoa and Phu Quoc in Kien Giang, would be submitted to the National Assembly for approval by the end of the year.
Minister of Planning and Investment Nguyen Chi Dung placed high hopes on Vietnamese Prime Minister Nguyen Xuan Phuc's visit to the US, affirming that Vietnam has great opportunities to receive new investments.
