Ho Chi Minh City is planning to set up a 26,000ha economic zone to the south, which is expected to house industrial parks, urban areas, and many associated services.
HCM City (VNA) – Ho Chi Minh City is planningto set up a 26,000ha economic zone to the south, which is expected to houseindustrial parks, urban areas, and many associated services.
The zone has been included in a draft project on the development ofindustrial parks and export processing zones for 2025 – 2030 with a vision to2040. Accordingly, the zone will cover the entire District 7 and Nha Be district along with parts of BinhChanh and Can Gio. Its core area will be the 300-ha Tan Thuan export processingzone and the 1,354ha Hiep Phuoc Port Urban Area.
Investors, when investing in economic zones, will be entitled to such incentives as tax exemption for four years and a 50% reduction of corporate income tax for the next nine years forincome generated from their investment projects in line with regulations.
For the southern metropolis, such zone with large-scale socio-economicdevelopment space and integrated production capacity plays an important role intransforming its underdeveloped coastal area into a driving force for economicdevelopment.
It will also help speed up the process of restructuring thelocal economy towards industrialisation and modernisation, and forming ahigh-quality urban area.
At the Hiep Phuoc Port Urban Area (Photo: baodautu.vn)
As HCM City is promoting infrastructure construction in its southern part, there are good reasons for the establishment of an economic zone there.
Hua Quoc Hung, head of the HCM City Export Processing andIndustrial Zones Authority (HEPZA) said there were investors wanting to rent several dozen hectares of land for factory building, but the city couldnot provide them.
Therefore, when there is a large enough economic zone with adequateinfrastructure, the city will be able to attract large investors, thereby creating a breakthroughin economic development, he said./.
With the advantages of geographical location and investment plans for land around ports, the 17-hectare Tan Cang-Hiep Phuoc (TCHP) Port situated in Ho Chi Minh City’s Nha Be district has huge potential to become a logistics centre in the south of the city.
Ho Chi Minh City is seeking approval for an additional 120 trillion VND (5.13 billion USD) of public investment from the central government and the disbursement of previously approved public investment in order to speed up the progress of major public projects, said a municipal official.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
A corner of Ho Chi Minh City (Photo: VNA) 
At the Hiep Phuoc Port Urban Area (Photo: baodautu.vn) 
