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.
Located in Bai Tu Long Bay and adjacent to world heritage site Ha Long Bay in the northeastern province of Quang Ninh, the Van Don Economic Zone possesses significant advantages to develop the local and national leisure real estate sector.
The Van Don Economic Zone in the northeastern province of QuangNinh is projected to become a high-quality sea-island ecotourism hub, a centre for international aviation and services, and a gateway for international trade.
The Van Don economic zone in the northern province of Quang Ninh is now home to 34 strategic projects, 13 of them assigned to investors, 11 in the process of studying planning and 10 awaiting detailed planning.
The Van Don Economic Zone will be developed into a multi-sector marine economic zone by 2040 as targeted in its adjusted overall planning recently approved by Prime Minister Nguyen Xuan Phuc.
The People’s Committee of northeastern Quang Ninh Province has released a plan to implement Prime Minister Nguyen Xuan Phuc’s conclusion on the development of Van Don Economic Zone (EZ) that would require more than 8.35 trillion VND (358.2 million USD) to expand its infrastructure by 2030.
The northern province of Quang Ninh has been praised for its creativity in implementing the Party’s Statutes (supplemented in 2011) and the Resolution of the Party’s 12th National Congress, thus making achievements in many fields.
The Van Don Economic Zone (EZ) in the northern province of Quang Ninh will be developed into a dynamic economic hub with a focus on tourism development and production of high-quality products and services and an international trade centre for the region.
The Van Don Economic Zone (EZ) in northeastern Quang Ninh province needs 70.2 billion USD by 2050 for its investment demands, according to the provincial People’s Committee.
Northern Quang Ninh province has emerged as a magnet for foreign investors in the recent time thanks to its “golden age” population, favourable business climate, and administrative reform.
The northeastern province of Quang Ninh recorded economic growth of 10.16 percent in the first six months of 2018, the highest level in the last six years.
The Van Don Economic Zone Authority has asked the People’s Committee of Van Don district and investors to stop establishing new projects, adjusting project plans and applying for investment pending the approval of master plans for the future special administrative-economic zone.
The People’s Committee of the north-eastern province of Quang Ninh is calling for an investment of 15 trillion VND (660.8 million USD) in five projects.
The Van Don International Airport in the northern province of Quang Ninh, the first airport invested by a private business in Vietnam, is scheduled to be operational in late June 2018, instead of in late March as previously announced.
The tourism sector in the north-eastern border province of Quang Ninh has been growing rapidly, gradually affirming its brand and position in an effort to turn the locality into one of the biggest tourism centers nationwide.