UPGRADE FOR ECONOMIC ZONE

Under a recent decision issued by Prime Minister Nguyen Tan Dung to amend the zone's operational regulations, the basic industries that will be further developed include steel, shipbuilding and repair, electricity and construction material, as well as consumer goods and high-quality agro-forestry and fisheries export-processing industries.

The complex will help create jobs and promote training as well as improve the quality of local human resources. It will also gradually be developed into a high-quality regional human resources training centre.

Nghi Son, currently spanning more than 18,610ha, will be expanded to cover 106,000ha, including nearly 66,500ha of the mainland and island and more than 39,500ha of water bodies.

The mainland and island will comprise the entire Tinh Gia district, three communes of Nong Cong district and three communes of Nhu Thanh district.

As mentioned in the decision, additional efforts must be made till 2025 to improve the economic zone's (EZ) business climate, implement key socio-economic infrastructure projects and attract more domestic and foreign investors.

It is hoped the zone will see comprehensive development in industry and services, and commercial, financial, cultural-social and tourism sectors after 2025, while ensuring security and defence.

Green and modern urban areas will also be developed within the Nghi Son EZ.

The Nghi Son EZ, established in mid-2006, is about 200km to the south of the capital city of Ha Noi. It is now home to 134 projects, including 124 domestic projects, with a total registered investment of VND96.9 trillion (US$4.5 billion).

In 2014, the zone attracted 41 new domestic projects with a total registered capital of more than VND3.1 trillion (US$145.7 million), and three foreign-invested projects worth $40.5 million. That same year, it generated VND18 trillion ($846 million) in revenue and created jobs for about 63,000 people.

It also houses the Nghi Son seaport and the Nghi Son oil refinery and petrochemical complex, the largest of its kind in Southeast Asia and the largest foreign direct investment project in Viet Nam with a registered capital of more than $9 billion.

Source: VNS

Related News

MEMBER CORNER / PROMOTIONS

DOING BUSINESS WITH CHINA 2.0

As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.

Apr 17, 2026

HR / LABOUR/ EMPLOYMENT

VIETNAM TAPS AI TO CONNECT MILLIONS OF WORKERS WITH EMPLOYERS

Vietnam’s Ministry of Home Affairs on April 14 launched a national job exchange at vieclam.gov.vn, a key digital platform designed to directly connect more than 53.6 million workers with nearly one million businesses. The platform goes beyond a conventional job portal, positioning itself as a nationwide data-integrated ecosystem. Its technological highlight is the use of artificial intelligence (AI) to automatically analyze and match job vacancies with workers’ skills and experience.

Apr 16, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS

Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.

Apr 16, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1

Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.

Apr 16, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026

In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.

Apr 16, 2026

BANKING / FINANCE / INSURANCE / TAX

US$250-MILLION DEAL ADVANCES VIETNAM’S GREEN CREDIT PUSH

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has secured a US$250-million sustainable financing package to support green agriculture and small and medium-sized enterprises (SMEs), marking a major step in mobilizing international capital for priority sectors. The facility was arranged in partnership with the Asian Development Bank (ADB), alongside international partners including the Japan International Cooperation Agency (JICA) and the Government of Canada.

Apr 16, 2026