Central economic zone lures 1.8 bln USD in investment capital
The Chan May-Lang Co Economic Zone in Thua Thien-Hue has 39 valid licensed investment projects, accounting for a total investment capital of over 39 trillion VND (1.8 billion USD).
Chan May- Lang Co economic zone (Source :cangchanmay.blogspot)
Thua Thien –Hue (VNA) 𓆉– The Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue has 39 valid licensed investment projects, accounting for a total investment capital of over 39 trillion VND ( 1.8 billion USD).
According to the managing board, the economic zone has issued investment certificates for three projects, and adjusted investment capital for one project in 2015 with a combined registered capital of 8,739 billion VND (397 million USD).
The managing board has created favorable conditions, such as better administrative procedures, site clearance and human resource training in order to keep projects on schedule.
Nguyen Que, Head of the economic zone’s managing board, said that with its strategic position as a significant gate of the East-West economic corridor, the zone will strive to become an economic hub in central of Vietnam, while attracting more big projects in the fields of industry, technology, tourism and services.
Large projects operating in the zone include the Banyan Tree Group of Singapore’s Laguna Tourism Complex, which has an investment capital of 875 million USD. There’s also the 368 million USD project of Minh Vien Lang Co International Tourism Complex.
The economic zone aims to lure up to eight projects in the fields of industry, tourism and urban infrastructure with a total investment capital of four trillion VND (182 million USD) in 2016.-VNA
For many years, inadequate infrastructure network has deterred foreign companies from investing in the central coastal region, but things are changing with progress reported in many infrastructure projects in the region. Report by the Vietnam Investment Review.
The Chan May-Lang Co economic zone in the central province of Thua Thien-Hue has set a target of attracting over 1.5 trillion VND (70.5 million USD) this year.
The five-star cruise liner Celebrity Millennium of Malta on February 11 docked at the Chan May port in the central province of Thua Thien-Hue, carrying over 2,100 foreign tourists and nearly 1,000 crew.
The central province of Thua Thien-Hue plans to attract investments worth 2.5 trillion VND to 3 trillion VND (119.05 million USD) to 142.86 million USD) and generate jobs for 1,000 to 1,500 new workers this year.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Chan May- Lang Co economic zone (Source :cangchanmay.blogspot)
