Vietnam est🐬ablishes first free trade zone ♚in Da Nang
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 southern province of Binh Duong has attracted over one billion USDin foreign direct investment (FDI) in the first six months of 2015,surpassing its set target for the whole year.
According toDirector of the province’s Planning and Investment Department NguyenThanh Truc, the province has licensed 102 new projects with registeredinvestment of 712 million USD, and allowed 66 existing projects toincrease their capital in the period.
Among total registered investment capital, 270 million USD has been poured into supporting industries.
Accordingto Chairman of the province’s People Committee Tran Van Nam, three bigFDI projects with a total investment of three billion USD are pending in2015, including tourism projects in Dau Tieng and BacTann Uyendistricts and a garment and textile project. They are in the process ofevaluating the investments’ impacts on the environment.
Theprovince is currently home to 2,490 valid FDI projects with a totalcapital of 21.3 billion USD, generating jobs for hundreds of thousandsof workers.-VNA
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