Deputy Prime Minister Hoang Trung Hai held a reception on February 10 for a visiting delegation headed by former Irish Prime Minister John Bruton who spoke to the Vietnamese official about an investment project in the Bac Van Phong special economic zone in the central coastal province of Khanh Hoa.

According to Chairman of the provincial People's Committee Nguyen Chien Thang, the province has completed a draft plan on the economic zone to propose to the Government, and has met with strategic investors with experience in developing special economic zones.

Among them, ASA Holding Inc, Browrudnick, Livingston, BCG, and others have conducted studies to complete the proposal to the Government.

The guest outlined the results of studies for a free trade area in Bac Van Phong and a legal framework for the establishment and operation of the free trade area.

"Vietnam welcomes investment co-operation from international groups and enterprises in Vietnam on the basis of mutual benefit in line with national development planning," the deputy PM told the delegation.-VNA