Vietnam learns from China’s experiences in building int’l free trade zone model
A delegation of the Ministry of Planning and Investment (MPI) led by Minister Nguyen Chi Dung paid a working visit to China’s Hainan province from March 31 to April 1 to learn how to build and develop an international free trade zone model.
Minister of Planning and Investment Nguyen Chi Dung (C) visits the free trade centre and duty-free trade zone in Haikou. (Photo: VNA)
Hanoi (VNA) – A delegation of the Ministry of Planning and Investment(MPI) led by Minister Nguyen Chi Dung paid a working visit to China’s Hainan provincefrom March 31 to April 1 to learn how to build and develop an internationalfree trade zone model.
The MPI is currently the standing agency ofthe steering committee on formulating the regional and international financialcentre project, and Minister Dung is its deputy head. Meanwhile, the Da Nang People'sCommittee is proposing specific mechanisms and policies applicable to thecentral city, with a proposal related to the pilot establishment of the Da Nangfree trade zone which is associated with Lien Chieu Port and Da NangInternational Airport.
In Hainan, Dung had a working session withrepresentatives from the China State Construction Engineering Corporation (CSCEC),during which they exchanged experiences in developing a free trade port, includingtax exemption and reduction policies.
The MPI delegation visited the free tradecentre and duty-free trade zone in Haikou, Hainan, and visited the HaikouJiangdong New Area
The delegation had a working session with theHainan Provincial Bureau of International Economic Development. Minister Dungproposed the two sides exchange specific experiences in building the HainanFree Trade Port.
Speaking at the working sessions, Dung saidthat his working visit also aimed at deepening the two countries’ trade and investmentcooperation.
He proposed the two sides increaseconnectivity, particularly in transport; intensify collaboration in priorityfields such as digital economy, green economy and circular economy; and enhancepeople-to-people exchanges./.
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Minister of Planning and Investment Nguyen Chi Dung (C) visits the free trade centre and duty-free trade zone in Haikou. (Photo: VNA) 
