bet88 slotHai Phong port city’s southern coastal economic zone to be set up

Under Prime Ministerial Decision No.1511/QD-TTg, signed by Deputy Prime Minister Tran Hong Ha on December 4, a Southern Coastal Economic Zone in bet88 slot northern port city of Hai Phong will be established.

bet88 slot Government News quoted bet88 slot decision as reporting that covering a total area of 20,000 hectares, bet88 slot economic zone will maximize its strategic advantages as an international gateway, and leverage its foundation in industrial development and port services to enhance economic, trade, and service connectivity with neighboring regions and international markets.

It aims to integrate investment attraction and economic development with national defense, security, conservation and promotion of marine ecosystems, historical and cultural heritage, and assurance of social welfare.

It is envisioned as a comprehensive, multi-sector, and multifunctional coastal economic zone, to be developed towards green growth, circular economy, and sustainable development, with a focus on high-tech industries, modern port services, and advanced logistics.

bet88 slot economic zone will feature synchronized infrastructure and a transparent, open, and favorable business and investment environment.

It will include a free trade zone with specific mechanisms and policies as well as create jobs, provide training, enhance bet88 slot quality of bet88 slot workforce, and increase incomes for local residents.

bet88 slot economic zone will become a leading maritime economic center with complementary and interconnected functions, linking with other coastal economic zones in bet88 slot north of Vietnam to create a driving force for bet88 slot Red River Delta region.

Hai Phong, one of Vietnam’s 5 centrally-run cities, holds a strategically important economic position and serves as bet88 slot economic engine of bet88 slot northern region of Vietnam.

It boasts bet88 slot largest seaport system in North Vietnam, capable of accommodating ships with a capacity of over 145,000 tons and directly connecting to major ports in Europe and America.

For bet88 slot past nine years, Hai Phong has reported double-digit growth rate, about 1.5 to 2 times higher than bet88 slot national average.

bet88 slot city has also recorded impressive results in attracting foreign direct investment (FDI), totaling about .6 billion per year, making it among bet88 slot top FDI recipients in bet88 slot country.