Author Topic: Vietnam Considers 3 New Economic Investment Zones  (Read 1806 times)

Drastic

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Vietnam Considers 3 New Economic Investment Zones
« on: May 24, 2017, 02:34:55 PM »
https://www.reuters.com/article/us-vietnam-investment-idUSKBN18K1BH?il=0

The ministry is drafting a law for the zones in northern Quang Ninh province, central Khanh Hoa province and southern Phu Quoc province. Approval from lawmakers in the communist state is expected by the end of 2017.

Dung said the zones would be free from local regulations to make them competitive internationally.

...

High tech and clean sectors are now a greater priority than low-cost industries, he said.

"It's no longer about quantity but more about quality," Dung said.