New coastal economic zone set up in Quang Ninh
Prime Minister Nguyen Xuan Phuc recently signed a decision on the establishment of the coastal Quang Yen Economic Zone in the northern province of Quang Ninh.
An oyster farming area in Hoang Tan commune of Quang Yen town, Quang Ninh province (Photo: VNA)Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc recently signed a decision on the establishment of the coastal Quang Yen Economic Zone in the northern province of Quang Ninh.
The 13,303ha economic zone, located in the southwest of Quang Ninh, will include an urban, industrial and hi-tech complex and the Dam Nha Mac seaport, related services, industrial and urban complex.
In particular, the urban, industrial and hi-tech complex will span over 6,403ha in Uong Bi city and Quang Yen town.
Meanwhile, the Dam Nha Mac seaport, related services, industrial and urban area will spread on more than 6,899ha in Quang Yen town.
This economic zone is aimed at capitalising on natural and geographical advantages in economic, trade and service connection with other coastal economic zones like Van Don in Quang Ninh, Dinh Vu-Cat Hai in nearby Hai Phong city and Thai Binh in Thai Binh province, thereby helping to optimise competitive edges of each zone and forming socio-economic development connectivity between the economic zones with neighbouring areas.
The Quang Yen Economic Zone will closely combine investment attraction and economic development with defence-security ensuring, and preservation and promotion of values of local marine ecosystems, historical relics and culture.
It also looks to become a multi-sectoral economic zone and a modern and smart industrial, port logistics services and urban centre of Quang Ninh as well as the Red River Delta; create a modern living environment via synchronous development of technical and social infrastructure; while boosting hi-tech and environmentally friendly sectors and R&D centres.
The economic zone is scheduled to be developed from now to 2035, according to the Prime Minister’s decision./.
You should also see
PM urges village elders, citizens to help preserve cultural heritage
Prime Minister Pham Minh Chinh has asked village elders and chiefs, skilled artisans and reputable citizens to make greater efforts to preserve and promote tangible and intangible cultural heritage, which is the quintessence and core value of the nation.
See more
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
