Radical proposals for special administrative-economic zones Business

Radical proposals for special administrative-economic zones

The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three special administrative-economic zones in Vietnam.
Vietnam’s longest sea bridge construction launched Politics

Vietnam’s longest sea bridge construction launched

Prime Minister Nguyen Tan Dung on Feb. 15 gave the order to start the construction of a bridge connecting Tan Vu and Cat Hai island district in the northern port city of Hai Phong, the longest sea-crossing bridge in Vietnam.
Business

Tra Vinh buffs up investor appeal

The Mekong Delta’s Tra Vinh province has scaled up efforts to improve its investment climate. Scores of key national-level projects are underway, a clear sign the province is on the up.
Business

Van Phong ideally located for maritime economy

Located on Vietnam’s east coast and close to international shipping lanes, the Van Phong economic zone is ideally suited for becoming a deepwater port, a container transit port and an international oil transit port.

The Van Phong bay stretches out to 150,000 ha, including 70,000 ha of land and 80,000 ha of water at a depth of between 20-40 metres. It is also convenient for all kinds of transport services including road, rail, air and sea.
Business

Vietinbank ok’s loan for major port project

The Vietnam Industrial and Commercial Bank (Vietinbank) is set to provide a credit package worth over 110 billion VND (roughly 6.1 million USD) to the Petroleum Technical Services Corporation (PTSC) to build the new Hon La port.