Hue (VNA) – The central city of Hue is calling for investment in many key projects within the Chan May – Lang Co Economic Zone for the period of 2025–2026, aiming to give a facelift to its important southern economic region.
Covering an area of more than 27,100 hectares, the zone has five main functional areas: a port area, an industrial area, a non-tariff area, an urban area, and a tourist site.
According to the Hue city Economic and Industrial Zones Authority, the zone has mostly completed its main transportation routes and has a wastewater treatment system with a capacity of 10,000 cubic meters per day, along with a solid waste treatment site. In addition, the zone has fully developed infrastructure for four resettlement projects covering up to 125 hectares, with the capacity of accommodating approximately 3,000 households.
According to the city master plan, the Chan May – Lang Co Economic Zone is expected to be developed into a modern coastal urban area spanning 447 sq.km. The plan envisions a clean industrial and seaport urban area, a modern international trade hub, and a tourism, resort, and commercial urban area of international standards in the central key economic region, closely linked with Da Nang city. The focus will be on preparing infrastructure and technical facilities to meet the criteria of a tier-3 urban area, and upgrade it into a township or city from 2030 to 2045.
Phan Quoc Son, Deputy Director of the municipal Department of Finance, said that the city is prioritising resources to complete synchronised infrastructure in economic and industrial parks. It will provide support and favourable conditions for investors to implement infrastructure development projects, and step up efforts to improve the investment and business environment, as well as attract investment.
To reach a double-digit GRDP growth target for 2025, the city’s leaders have directed departments, sectors, and localities to implement key tasks set out from the beginning of the year. Accordingly, the city will continue to enhance the effectiveness of four task forces responsible for managing investment projects, with a focus on expediting procedures for them to break ground and become operational, as well as those that have completed investor selection and land-use fee collection within 2025./.

See more

High-tech enterprises get preferential import-export treatment
The incentive is aimed at creating breakthrough policies to promptly remove legal bottlenecks and facilitate enterprises operating in science and technology development, innovation and transformation.

Singapore trade event helps Vietnamese enterprises boost exports
The Vietnam Fruit and Vegetable Festival 2025 was held in Singapore on July 18 as a meaningful trade promotion event that strengthens bilateral economic, trade, and investment ties and helps realise the economic cooperation contents of the Vietnam–Singapore Comprehensive Strategic Partnership.

Vietnam, Laos hold cross-border e-commerce seminar in Vientiane
Representatives from Vietnam and Laos emphasised the essential role of digital platforms, which are seen as the backbone of the e-commerce ecosystem. They also highlighted the significance of infrastructure in facilitating the smooth transport of goods between the two countries.

Transparent business environment appealing to foreign investors
During the first half of 2025, the total registered FDI reached 21.51 billion USD, up 32.6% year-over-year. This includes 9.3 billion USD in new investments, down 9.6%; 8.95 billion USD in additional capital for existing projects, a 2.2-fold increase; and 3.28 billion USD through capital contributions and share purchases, up 73.6%.

MoST partners with Google to explore digital transformation, AI, SMEs
The two sides agreed to establish a joint task force to formalise their collaboration, with a strong focus on quantum technology, a strategic frontier of the digital age, and AI-powered solutions to help Vietnamese SMEs enhance their competitiveness and modernise their operations.

Business network helps connect Vietnam with Belgium, EU markets
As Vietnam accelerates green and digital transition, the Vietnam Business Association in Belgium (VBAB) is prioritising connections with capable Belgian partners in clean energy, particularly hydrogen and renewable energy, and smart seaport planning.

Vietnam highlighted as next growth engine in ASEAN at Hong Kong seminar
Its shift towards a modern economic structure, with a growing services sector and a favourable demographic profile has made Vietnam an increasingly attractive destination for foreign investors. Vietnam is now regarded as a key growth driver within ASEAN.

Reference exchange rate slightly increases on July 18
The State Bank of Vietnam set the daily reference exchange at 25,185 VND/USD on July 18, up 9 VND from the previous day.

Kim Long Motor Hue multiplies investment sixfold
The company’s decision to inject an additional 21 trillion VND (804 million USD) into the project not only reflects its ambition to scale up operations but also signals a strategic shift towards exports and integration into global supply chains.

More data centre investment to be poured into Vietnam
Vietnam is rapidly emerging as a strategic destination in the Asia-Pacific data centre investment landscape, with a yield-on-cost second only to Singapore.

Hanoi’s key industries given priority to drive growth
Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.

More than 86 million bank accounts to be terminated from September 1
The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure.

HCM City apartment prices hit record highs, raising affordability alarm
Apartment prices in central HCM City have hit a record 600 million VND (23,500 USD) per sq.m, raising concerns over affordability and income disparity.

Public corporate bond offerings expected to rebound rapidly in H2 2025
Corporate bonds — especially those issued via public offerings — are expected to regain momentum in the second half of 2025, buoyed by a mix of policy support and rising market demand.

Swiss delegation explores business, investment opportunities in Vinh Long
Vinh Long province is home to 188 active foreign direct investment (FDI) projects from 24 countries, with a total registered capital of 5.74 billion USD, but none yet from Switzerland.

PM calls for swift, humane settlement of stalled projects
Progress demands strong determination, great effort, and decisive action, PM Pham Minh Chinh said, pressing for clearly defined roles, tasks, responsibilities, timelines, and authority to drive effective outcomes.

Becamex, IFC advance green industrial park model in Vietnam
Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in conducting preliminary assessments for up to five industrial parks using the Global Eco-Industrial Parks Programme (GEIPP) certification framework.

FTSE Russell backs Vietnam’s push for transparent capital market
An official of FTSE Russell has expressed confidence in a long-term partnership with Vietnam through 2045, when the country aims to emerge as a modern industrialised nation with a transparent, advanced and globally integrated financial market.

Central bank to assess compliance of banks in risk management
The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN regulating the capital adequacy ratio for banks and foreign bank branches and Circular 13/2018/TT-NHNN regulating the internal control system of commercial banks and foreign bank branches. MB highly appreciates the SBV’s system of legal documents.

E10 fuel rollout marks key step in Vietnam’s green energy transition
The nationwide adoption of E10 fuel aligns with Vietnam’s commitment to achieving net-zero emissions by 2050 and accelerating its transition to a low-carbon, sustainable energy model.