The central city of Đà Nẵng is actively collaborating with central ministries and agencies to swiftly implement specific mechanisms and policies for the city’s development, particularly regarding the pilot establishment of a free trade zone (FTZ).
Đà Nẵng has been seeking appropriate locations for key function sites of manufacture, a logistics centre and trade and services, on an estimated area from 1,000ha to 1,500ha in the FTZ.
Two major policies are expected to breakthroughs, including the pilot foundation of Đà Nẵng Free Trade Zone association with Liên Chiểu Port and mechanisms which allow the municipal People’s Council to set their own policies for the semiconductor and AI...
The National Assembly’s Committee for Financial and Budgetary Affairs (CFBA) said the Government needs to further scrutinise its draft resolution on allowing some localities to establish free trade zones.