Analytic
Hotline: 08887 08817

Draft laws of casino business permission and no People's Council to gear up special economic - administrative zones

Minister of Planning and Investment Nguyen Chi Dung stated at the Vietnam M&A Forum 2017 just held in HoChiMinh City casino business permission and no People's Council were drafted for three special economic zones, namely Van Don (Quang Ninh), Bac Van Phong (Khanh Hoa) and Phu Quoc (Kien Giang), a move aimed at attracting investment and boosting growth for the soon-to-be-established zones.

Legal frame on special administrative economic zones drafted on track

The drafting board regarded the proposed special administrative-economic model for Vietnam to be a combination of Chinese and Korean models.

PM to approve the proposal to establish Van Don special economic zone

Prime Minister (PM) Nguyen Xuan Phuc demanded the local authorities to allocate their own budget and other funding methods to develop Van Don as a special economic zone, according to source released by the Government Office on last July 17.

Special Economic Zones: hopes and challenges

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.

Stock indexes
1,193.01 -22.67 -1.86
Volume: 859,252,249 Value: 19,106 (Billions VNĐ)
226.2 -2.63 -1.15
Volume: 86,659,113 Value: 1,701 (Billions VNĐ)
88.15 -0.48 -0.54
Volume: 49,269,037 Value: 623 (Billions VNĐ)
1,210.74 -21.96 -1.78
Volume: 258,632,636 Value: 7,835 (Billions VNĐ)