VietNamNet Bridge – PM Nguyen Xuan Phuc said a special legal framework with outstanding preferences is needed to develop three special economic zones (SEZs) — Van Don in Quang NInh, Bac Van Phong in Khanh Hoa and Phu Quoc in Kien Giang.
MPI Minister Nguyen Chi Dung, said that over the last 25 years of development of IZ, EPZ, hi-tech zone and EZ models, problems have surfaced — incentives are not sufficiently competitive; administrative procedures are not simple enough; and infrastructure and labor force cannot satisfy requirements.
Meanwhile, Vietnam economy has shown signs of a slowdown. Competitiveness is low and exploitation of natural advantages and resources is reaching a critical level. Vietnam’s investment climate is losing some of its attractiveness due to strong international competition. Tiếp tục đọc “VN’s hopes three SEZs to attract billions of USD in investment” →