Quang Ninh (VNA) – The northern province of Quang Ninh is accelerating procedures to seek central authorities' approval for piloting a free digital and knowledge-based economic zone – a next-generation specialised economic zone model aimed at driving growth through core technologies and data.
According to the Quang Ninh Economic Zone Authority (QEZA), the proposal is under appraisal by the Ministry of Finance, which is consulting relevant ministries and agencies before submitting it to the Prime Minister.
The planned zone is set to span about 26,380 hectares across key areas including Hoang Que, Viet Hung, Bai Chay and Tuan Chau. Unlike existing zones focused on traditional industry and border trade, the new model will be built on four pillars: concentrated digital technology, AI and data centres, an Asia-level disaster recovery data hub, and an education city.
The project aims to develop an integrated digital ecosystem capable of attracting 80–150 global Big Tech firms, including semiconductor design and AI projects. Once operational, it is expected to contribute 8–12% of the province’s GRDP and create 150,000–250,000 high-quality jobs.
The initiative underscores Quang Ninh’s shift from resource-based growth towards a model driven by digital data and knowledge, supporting a broader transition from “brown” to “green” development.
The province’s stable geological conditions and ample clean energy supply are seen as key advantages, with ambitions to become a major data storage and disaster recovery hub in Southeast Asia.
To support the plan, authorities are proposing special policy mechanisms, including regulatory sandbox frameworks, “tech visa” schemes to attract global talent, and modern governance models to improve the investment climate.
Local authorities said the zone would not only open up new growth space for the province but also enhance national data security and competitiveness, in line with the Politburo’s Resolution 57 on breakthroughs in science-technology, innovation and national digital transformation./.
See more
HCMC FOODEX 2026 showcases Vietnam’s food industry potential
Participating businesses are showcasing a wide range of products, from agricultural produce, processed foods, beverages, and spices to equipment and technologies for processing, packaging, and preservation.
Egytian firm to supply apatite ore to Vinachem fertiliser plants
The deal is designed to help Vinachem secure stable raw material supplies for its fertiliser production amid ongoing volatility in global commodity markets.
Vietnam values US business community as trusted partner: NA Vice Chairwoman
Representatives of USABC member companies shared views on investment and business policies in Vietnam, voicing strong confidence in the country’s cooperation potential and investment environment.
Vietnam, US promote substantive, sustainable economic cooperation
US business representatives showed confidence in Vietnam’s potential and investment climate, offering specific recommendations in energy, high-tech, logistics, trade, finance, healthcare, agriculture, and consumer goods.
Tay Ninh strengthens cooperation in human resource training with Japan’s Okayama
Tay Ninh province is currently home to over 2,000 foreign direct investment (FDI) projects with a total registered capital of nearly 25 billion USD. Japan ranks fourth among the foreign investors, with 176 projects worth more than 1.26 billion USD.
Ho Chi Minh City pledges long-term partnership with Slovak businesses
Vietnam and Slovakia have built a solid foundation in traditional manufacturing, significant untapped opportunities remain in advanced industrial sectors where the two countries can collaborate for joint development.
Vietnam's pavilion opens at Coffee Expo Seoul 2026
Nguyen Nam Hai, Chairman of VICOFA, said Vietnam’s coffee exports to the RoK exceeded 196 million USD in 2025, up 37.8% year-on-year. In the first quarter of this year, export value reached nearly 45 million USD, indicating strong growth potential.
Protocol signed for pomelo, lemon exports to China
Pomelo and lemon are among Vietnam’s most advantageous agricultural products. The country currently has around 106,000 hectares of pomelo cultivation, placing it among the world’s major producers.
Vietnamese, Bulgarian businesses step up tech, green growth cooperation
The elevation of bilateral ties to a Strategic Partnership in October 2025 has laid a solid political foundation for expanding economic, technological and business linkages, said Vietnamese Ambassador to Bulgaria Nguyen Thi Minh Nguyet.
Bank credit supports high GDP growth in Q1 2026
The SBV has set a credit growth target of 15% for 2026, with adjustments depending on the actual situation, ensuring inflation control, macroeconomic stability, support for economic growth, and the safety of the credit institution system.
Chemical businesses target double-digit growth
Chemical businesses are taking various measures in response to impacts of external factors and to secure double-digit growth.
Vietnam – Bavaria roundtable strengthens business ties
Addressing a recent Vietnam–Bavaria business roundtable in Munich, Vietnamese Ambassador to Germany Nguyen Dac Thanh underscored the strong momentum of the Vietnam–Germany Strategic Partnership, particularly across trade, investment and economic cooperation.
Ho Chi Minh City posts decade-high growth, presses for reforms to sustain momentum
To meet the city’s full-year target of more than 10% growth, the remaining quarters would need to expand by over 10.5%, supported by stronger public investment, domestic consumption, exports and emerging drivers such as the digital economy.
LSE sees strong outlook for Vietnam’s capital market
Vietnam’s outlook remained positive, supported by strong economic growth and clear policy direction, and deeper participation from international investors would be key to sustaining double-digit expansion, said Tom Attenborough, head of international business development for primary markets.
Fintech Hub debuts, Ho Chi Minh City steps up drive to build next-generation financial centre
According to Associate Professor Nguyen Huu Huan, Vice Chairman of the VIFC-HCMC Executive Board, the Fintech Hub plays a central role in building a comprehensive fintech ecosystem and marks an important step in developing infrastructure and market connectivity to support the city’s ambition of becoming an international financial centre.
Banking sector accelerates digitalisation, strengthens anti-fraud shield
Hundreds of millions of customer records have been standardised, nearly 155 million verified through biometric authentication, and millions of risky transactions flagged in a timely manner.
Vietnam tested by rising global energy risks
Energy security today extends beyond supply stability to include adaptability and technological self-reliance in clean energy. With proactive integration and sustained investment in renewables, Vietnam is well positioned to turn external pressures into an opportunity to drive a greener, more resilient economic transformation
Reference exchange rate drops 3 VND on April 15
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,358 VND/USD, and the floor rate 23,848 VND/USD.
State Treasury raises 3 bln USD worth of Government bonds in Q1
All the bonds were issued through auctions with maturities ranging from 5-15 years. Notably, longer tenors of 20-30 years attracted zero investor interest.
E-commerce boom shadowed by surge in counterfeit goods
What appears to be a convenient digital marketplace is, in many cases, riddled with sophisticated traps. With a single click, trust can quickly be exchanged for fake or substandard products, online newspaper vietnamplus.vn reported.