Hanoi (VNS/VNA) - The Vung Ang Economic Zone in central province of Ha Tinh will be developed into a multi-sector and multi-functional coastal economic hub driven by industry, seaport and logistics services, according to its recently approved revised master plan.
The adjustment aims to create a more rational development framework to maximise the zone’s potential and advantages while providing a legal foundation for construction management and ensuring sustainable development.
Under Decision No. 1487/QD-TTg signed by Permanent Deputy Prime Minister Pham Gia Tuc signed on August 5, the zone covers 22,781ha and is expected to support Ha Tinh’s socio-economic growth by building a modern and interconnected technical and social infrastructure system, developing urban spaces, adapting to climate change and improving land-use efficiency.
The economic zone is expected to host a population of about 181,000 by 2030 and 249,000 by 2050.
The planned construction land area is expected to reach 13,139ha by 2030, accounting for 58% of the economic zone’s natural area, and expand to 14,785ha by 2050, equivalent to 65%.
The adjustments are on spatial development orientation, land use and technical infrastructure.
Accordingly, Vung Ang will focus on developing concentrated industrial zones, seaports and logistics facilities, together with urban areas, services, social infrastructure and ecological spaces.
The zone’s functional structure will include industrial and port areas, logistics and port-related services, urban and service centres, coastal tourism areas, ecological spaces, green areas and water landscapes, as well as technical infrastructure hubs.
The Vung Ang Economic Zone serves as an industrial nucleus of Ha Tinh which significantly helped the central province recorded gross regional domestic product (GRDP) growth of 12.79% in the first six months of 2026, the highest nationwide.
Permanent Deputy Chairman of the provincial People’s Committee Tran Bau Ha said that the province has prioritised infrastructure development, improved the utilisation of deep-water port facilities, expanded transport connectivity and developed industrial land resources to attract and facilitate the operation of large-scale projects to drive growth.
The locality plans to further develop the Vung Ang Economic Zone into a regional centre for industry, energy, seaports and logistics and establish the Vung Ang Free Trade Zone to enhance trade connectivity, attract investment and strengthen the economic zone’s role in regional development./.
See more
Legal profession reshaped in age of artificial intelligence
In Ho Chi Minh City, digital transformation in the legal profession is not simply about introducing more technology into professional practice. It must also create ways of working that ensure technology serves people, while lawyers retain control and responsibility for the quality of legal services. This is particularly important in a metropolis with a large-scale economy and diverse legal needs.
Farm produce goes online, opening wider market access
With abundant agricultural resources, localities across Vietnam have favourable conditions to expand markets through e-commerce.
Vietnam–Israel agricultural cooperation suggested to move beyond technology transfer to co-development
Success ten years from now should not simply be measured by how many Israeli technologies have been sold in Vietnam. Success would mean seeing technologies that were tested here, adapted with Vietnamese partners, supported locally, scaled commercially, and potentially further developed or manufactured in Vietnam for other Southeast Asian markets.
Hue steps up investment drive in Chan May–Lang Co Economic Zone
Covering more than 27,000ha, the Chan May–Lang Co Economic Zone is emerging as a key economic, urban, industrial and eco-tourism centre in southeastern Hue, with functional areas dedicated to seaports, industry, non-tariff activities, urban development and tourism.
Hai Phong builds modern port system to support national aspirations
With strong foundations in infrastructure and human resources, Hai Phong is expected to continue serving as a strategic driver in Vietnam’s journey towards becoming a strong maritime nation.
Lam Dong's IUU fishing prevention efforts inspected
According to the Lam Dong provincial IUU Fishing Prevention Steering Committee, all 8,177 fishing vessels measuring at least 6 metres in length have been registered and updated in the national fisheries database VNFishbase.
Vietnam aims to link half of farm cooperatives with enterprises by 2030
The Ministry of Agriculture and Environment will promote links between cooperatives, enterprises, science and technology organisations and other economic entities along with carrying out programmes to develop concentrated agricultural, forestry and fisheries raw material areas and enhance value chain production.
Revitalising growth momentum for night-time economy
The night-time economy has moved beyond being merely an add-on service to become a new growth driver for tourism. Night-time activities can “awaken” familiar heritage spaces and breathe new life into them. Art, light and music experiences after dark can create distinctive attractions while meeting the desire of middle- and high-end visitors to explore cultural depth.
E-commerce reshapes rules of game
Once fixed fees, payment fees, infrastructure charges and service packages are included, sellers may have to spend around 24.5-27.6% of their revenue on platforms. The figure shows that the era of easy selling and low costs in e-commerce has officially come to an end.
An Giang completes three key power projects for APEC 2027
The projects mark an important step in completing Phu Quoc’s power transmission network, supporting its socio-economic development and ensuring a safe, stable and reliable power supply for APEC 2027.
Deputy PM orders monthly price checks as CPI buffer narrows
There is virtually no room for further consumer price index (CPI) increases in the remaining months of the year, and ministries, sectors and localities must focus on effective price management, said Deputy PM Nguyen Van Thang.
Hanoi accelerates construction of seven Red River bridges for APEC 2027
The projects comprise Tu Lien, Ngoc Hoi, Tran Hung Dao, Thuong Cat, Van Phuc, Hong Ha and Me So bridges. They are among the city’s key transport projects being constructed simultaneously.
Vietnam’s garment-textile sector embraces transformation to sustain export momentum
In response to market changes, many Vietnamese garment and textile companies have proactively shifted their strategies, treating green transition and innovation as integral to business development rather than merely export requirements.
Ho Chi Minh City targets third-quarter growth of over 11%
Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more.
Domestic consumption up over 13%, tourism continues strong growth
The total retail sales of goods and consumer service revenues in August were estimated at 679.8 trillion VND (26 billion USD), up 1.6% from the previous month and 14.9% year-on-year. In the January-August period, the figure reached 5.24 quadrillion VND, representing a 13.3% increase year-on-year.
Hanoi moves to maintain appeal to FDI inflows
In the first eight months of 2026, the capital city attracted more than 3.7 billion USD in FDI, equivalent to 83% of the plan set for the year. Newly registered FDI exceeded 572 million USD across 450 projects, up 175.78% in project numbers and 209.46% in capital compared to the same period last year. Additional registered capital topped 492 million USD, while capital contributions and share purchases exceeded 2.6 billion USD.
Resolution 79: Expectations of significant changes in state-owned enterprise sector
Previously regarded as the primary material force of the state sector, with a leading role across a broad range of areas, SOEs are now defined as an important material force, with their activities focused on a number of key and strategic industries and sectors, ensuring a pioneering, enabling and leading role in development.
VIFC offers various opportunities to attract forein investment
Turning the VIFC into an effective channel for international capital will require clear rules, quality projects and strong connections between investors and domestic businesses. Meeting these requirements will be key to transforming investor interest into concrete capital flows and investment projects in Vietnam.
Development model for new era – An inevitable trend
International organisations broadly agree that shifting the growth model from reliance on traditional factors toward technology and innovation is no longer an option for Vietnam, but an imperative of the times.
Online agricultural wholesale market launched to connect Vietnamese produce with Singapore
An online agricultural wholesale market aimed at expanding trade links between Vietnamese agricultural producers and buyers in Singapore is expected to become operational by the end of September 2026, offering flexible wholesale purchasing options.