VietNamNet Bridge - Minister of Planning and Investment Nguyen Chi Dung said three new special economic zones can attract at least $10 billion worth of foreign direct investment (FDI) in the next five years. 

Minister of Planning and Investment Nguyen Chi Dung said the plan on setting up three special economic zones (SEZs) would be submitted to the National Assembly for approval by the end of the year.

Some believe that HCM City needs a special economic zone (SEZ) in the southern part of the city which will be in accordance with the city’s sea development strategy. 

Three special economic zones (SEZ) in Van Don (Quang Ninh province), Van Phong (Khanh Hoa) and Phu Quoc (Kien Giang) are still on paper, while HCM City is moving ahead with a plan to set up an SEZ there.

VietNamNet Bridge - The world’s billionaires have shown interest in Vietnam’s special economic zones (SEZ), but not until a legal framework is set up.

Multi-million dollar villas have arisen on Phu Quoc Island, and the land fund for project development is now fully taken.

 VietNamNet Bridge – The Ministry of Planning and Investment has said there is no need for a special economic zone (SEZ) for steel and iron industry as proposed by Hung Nghiep Formosa Ha Tinh Steel Company.

VietNamNet Bridge – Local experts have cast doubt on a recent proposal by Hung Nghiep Formosa Ha Tinh Steel Company for establishing a special economic zone (SEZ) for steel and iron industry enjoying the most preferential incentives ever.

 VietNamNet Bridge – While international economists have pointed out that the special economic zone (SEZ) model has failed in many countries in the world, Vietnam still vows to develop SEZs to attract more investors.