Chan May-Lang Co Economic Zone from above. (Photo: Vietnam National Administration of Tourism)
Thua Thien-Hue (VNA) – As much as 1.76 billion USD has been poured into43 projects in the Chan May-Lang Co Economic Zone in the central province ofThua Thien-Hue so far.
In 2018, the economic zone’s management board targets to lure additional 18projects with total registered capital of 5 trillion VND (220.1 million USD) inindustry, tourism, industrial infrastructure, non-tariff area and urban area.
The occupancy rate at the zone is expected to increase to 32 percent next year.
The economic zone is currently drawing the attention of ten large investorslike J.W Co., Ltd from the Republic of Korea’s project to develop automobilespare part plant and Sunjin Group’s three large projects: distributingwarehouse and gasoline business in Chan May port, bus production in non-tariffzone and an entertainment complex in Lap An lagoon.
Theachievements were spurred by the management board’s efforts to create favourableconditions and address bottlenecks for the investors to ensure that theprojects are implemented in a timely manner.
Regarding large projects, working groups are set up to join hands with relevantauthorities to handle issues arising from land clearance process.
The 875 million USD Laguna Lang Co resort developed by Singaporean Banyan TreeGroup has just been completed and put into operation. Meanwhile, Vicoland Grouphas fulfilled the construction of 40 villas in the Mediterraneo resort.
According to Nguyen Que, head of the Chan May-Lang Co Economic Zone Management Board,with strategic position as a significant gate of the East-West Economic Corridortogether with rational development strategies and streamlined mechanisms, ChanMay-Lang Co will develop into a proactive and modern economic zone in thecentral region.
Chan May-Lang Co Economic Zone was established under the Prime Minister’sDecision 04/2006/QD-Ttg. It spans 27,108 hectares over Lang Co town and LocThuy, Loc Tien, Loc Vinh communes in Phu Loc district.-VNA
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.
A festival opened in the central province of Thua Thien-Hue on May 24 to mark the fifth anniversary of Lang Co recognised as a beautiful bay in the world.
The central province of Thua Thien – Hue aims to establish a tourism trademark for Lang Co, which was listed as one of the most beautiful bays of the world by the Worldbays Club in 2009.
The central province of Thua Thien- Hue aims to attract 20 projects to its economic zones (EZs) and industrial parks (IPs) with total registered capital of some 6 trillion VND (264.3 million USD).
The central province of Thua Thien-Hue has attracted 11 more projects with total registered capital of over 2.18 trillion VND (96 million USD) during the first ten months of this year.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
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.
Chan May-Lang Co Economic Zone from above. (Photo: Vietnam National Administration of Tourism) 
