Van Don EZ’s management board founded

May 19th at 07:59
19-05-2020 07:59:33+07:00

Van Don EZ’s management board founded

Quang Ninh Province late last week announced the foundation of the management board of Van Don Economic Zone (EZ) which would be piloted in three years.

 

The management board would be a unit under the provincial People’s Committee and perform State management on Van Don EZ as well as provide public services relevant to investment, production and business for investors in the EZ following the established regulations.

Nguyen Xuan Ky, Chairman of the People’s Council, said that Van Don EZ was regarded as a major growth driver of the northern province, which together with other economic zones would accelerate the province’s transition to green growth model, promote the development of tourism, services, coastal urban areas and efficiency in using land resource.

Ky believed that the management board with streamlined administrative mechanisms would create favourable conditions for investors.

The Government gave the nod to the pilot foundation of Van Don EZ’s Management Board with the Resolution No 102/NQ-CP dated November 14, 2019.

Van Don, together with Van Phong in Khanh Hoa Province and Phu Quoc in Kien Giang Province, were identified to be three major economic zones of the country, which would drive regional growth.

Under Van Don’s planning with a vision to 2040 which was approved by the Prime Minister earlier this year, the economic zone was expected to be a marine eco-tourism centre and a hub for international trade.

bizhub



NEWS SAME CATEGORY

Vietnam in strong position to defend against external shocks: HSBC

With fewer concerns about currency and external stability, Vietnam’s central bank is likely to be more comfortable with delivering interest rate cuts to support...

Businesses lower targets after pandemic mauling

Many construction and retail companies and banks have lowered their business targets after the coronavirus cuts into revenues and dampened growth prospects.

Vietnam holds advantages as investors look beyond China: Experts

Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.

New approach vaunted for Vietnam’s market strategy

Frenetic swings have whipsawed the economy and led to a global capital outflow of emerging markets that could otherwise open the door for the Vietnamese equity...

Vietnam gov't mulls lowering 2020 GDP growth target to 4.5%

A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung.

Vietnam economy accelerates to get back to normal state

With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal...

Covid-19 highlights Vietnam’s omni channel shopping trend

Local retailers in FMCG should rethink their channel strategy as Covid-19 impacted the way Vietnamese consumers shopping.

Vietnam urged to readjust development strategy in post-pandemic period

With a limited state budget, Vietnam should mobilize social resources to support startups and large-scale enterprises, those considered capable of driving the...

ASEAN embraces apt growth model

ASEAN businesses are pushing digital transformation in a bid to improve production while ensuring safety amid the international health crisis.

Dong Nai Province trade edges down, surplus shoots up

Dong Nai’s foreign trade in the first four months of the year topped US$10.8 billion, 2.67 per cent down year-on-year but with the surplus shooting up by 43 per...


MOST READ


Back To Top