The Van Don Special Economic Zone in Quang Ninh is yearning for $4.1 billion in foreign capital.
TH Group has just held the commencement ceremony of its dairy factory with a capacity of 1,500 tonnes per day in the industrial zone of the special economic zone in Borovsk district, Kaluga province, Russia.
The Swedish-based SOWAREEN corporation has proposed to invest in establishing the financial and insurance center in Van Don special economic zone, Quang Ninh province.
CEO Group and the world's leading hotel management group Accor have recently signed a memorandum of understanding in developing Sonasea Van Don Complex.
Without both of economic incentives and a special administrative institution, the special economic zone will hardly be able to sustain its appeal, according to experts.
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Under the investment plan of the Imex Panpacific Group, the Bac Van Phong special economic zone will include such items as the tourist area, smart city, residential and industrial areas, airport, roads and port area.
A Canadian enterprise and two Vietnamese companies yesterday presented their plan to invest in three large projects having the total investment of about $10 – 15 billion in Van Don to Quang Ninh's leaders.
The People’s Committee in the central coastal province of Khanh Hoa estimated that more than VND100 trillion (US$4.4 billion) was needed to develop the infrastructure system for the Bac Van Phong Special Administrative-Economic Unit by 2025.
Ph.D Huynh The Du proposed to develop Thu Thiem new urban area into a special economic zone (SEZ) like Shanghai Pudong in China, to create a push for the development of Ho Chi Minh City’s economy.
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An international airport project within the special administrative-economic zone (SEZ) of Van Don is being considered by the National Assembly and proponents hope it can become a driving force of the SEZ’s development.
Kien Giang province's 'breakthrough' proposal to allow free circulation of the US dollar (USD) in Phu Quoc special economic zone (Phu Quoc) has sparked controversy.
Quang Ninh has issued a call for investment in three projects in Van Don special economic zone, including an expressway, a general port and a tariff-free trading area. The total amount of investment needed is over US$3 billion.
According to Luu Bich Ho, former Director of Development Strategy Institute, Ministry of Planning and Investment, because of the perception, thought and interest of law enforcement agencies, special economic zone (SEZ) of Vietnam has not reached the highest level of business liberalization to compete and attract investment.
Foreign investors to be granted permanent residence cards is one of proposals just submitted to the Government to aim at attracting investment capital, foreign talented business people and high-profile experts to Phu Quoc special economic zone in the future.
