Vietnam mulls free trade zone in north to spur growth
Source:
Xinhua
|
2025-05-14
The Vietnamese National Assembly on Tuesday discussed a proposal to establish a free trade zone in the northern port city of Hai Phong to accelerate economic growth, the Vietnam News Agency reported.
The initiative also aims to strengthen Hai Phong's role as a key development driver in the Red River Delta region. The proposed free trade zone is expected to play a central role in achieving national economic targets for the 2026-2030 period.
Lawmakers reviewed specific policies and strategic measures intended to remove existing bottlenecks hindering the city's progress.