Authorities in the south-central coastal province of Phu Yen have asked the Government to halt a United Arab Emirates’s project to build a large special economic zone. The provincial People’s Committee chairman, Pham Dinh Cu, said the UAE-based Sama Dubai group planned initial investment capital of US$250 billion that could likely double to $500 billion. [...]
The Government has approved a project to build the Nam Thanh -Bac Nghe Economic Zone with a vision to 2025 and beyond. The project will be key to the economic development of the northern part of central Viet Nam with sectors for oil refinery and petrochemistry, a deep-sea port, tourism and agricultural, and forestry and [...]
Vietnam’s central province of Quang Binh-based Hon La Economic Zone (EZ) has licensed 16 projects totaling VND36 trillion ($1.84 billion) so far. Among those, seven projects have become operational so far. Vietnam Construction Material Co., Ltd invested a VND1.38 trillion project to build cement grinding, port and warehouse, while Truong Thinh Group is preparing a [...]
The Prime Minister has decided to establish an economic zone in the southernmost province of Ca Mau to fully exploit local advantages in natural conditions and geographical position. Under the decision signed on October 27, the Nam Can economic zone will house key industries such as mechanics, shipping, machine assembly, electronics, seafood processing, oil and [...]
Chan May-Lang Co Economic Zone (EZ) in the central province of Thua Thien-Hue has attracted 10 foreign-invested projects totaling US$1.35 billion so far. Among those, a US$1-billion ecological tourism resort project invested by Singapore’s Banyan Tree Group is the biggest in the zone. Thua Thien-Hue province has spent over VND1.6 trillion to upgrade the zone [...]
Authorities in the central province of Quang Ngai have asked the Ministry of Construction for permission to quadruple the size of Dung Quat Economic Zone. The province wants to expand the zone from the current 10,300 hectares to 45,332 hectares to meet investor demand, said Le Van Dung, vice director of the Dung Quat Economic [...]
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