Vietnamese Prime Minister Pham Minh Chinh recently called for the establishment of free trade zones (FTZ) in major economic regions and the exploration of duty-free ports to stimulate economic growth, enhance global competitiveness, attract investment, and turn Vietnam into a major logistics center in the digital age.
According to domestic media reports, as part of Directive 47, the initiative Outlines the urgent tasks and strategic measures aimed at accelerating economic growth this year.
Vo Tan Duc, the chairman of the People's Committee of Dong Nai Province, proposed in a recent meeting with Tran Hong Minh, the Minister of Construction, to establish a free trade pilot zone covering an area of 2,000 hectares near Long Thanh International Airport and Phu An Port.
Meanwhile, the central coastal city of Da Nang is further achieving its development goals by signing a new memorandum of understanding with Vingroup. This agreement focuses on green transformation and sustainable development between 2025 and 2030, including the possible establishment of free trade zones and financial centers.
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