Prime Minister Nguyen Tan Dung has decided to set up the Cao Bang Border Gate Economic Zone in the northern mountainous province of Cao Bang.
Under a decision signed on March 11, the new zone is formed on the basis of merging three existing border gate economic zones, namely Ta Lung, Tra Linh and Soc Giang.
It has a total area of over 30,130 hectares, covering 37 communes and three towns from Thach An district to Thong Nong district. It will cover 30,130 hectares in 37 communes and three towns from Thach An district to Thong Nong district.
The zone will include a non-tariff area and functional areas such as international border gates, industrial parks, financial and other centres, and urban and residential areas.
Cao Bang is located in the northeastern part of Vietnam with more than 333 km of border shared with China.
The zone is expected to help turn the country’s mountainous areas into an economic, commercial and service hub in the integration process between ASEAN and China.
Other News
- Hanoi seeks to attract high-tech projects to industrial parks
- Vietnam, China intensify cooperation on green growth, digital economy
- Hanoi's green industrial parks attract investment
- Vietnamese, Singaporean firms ink agreements to bolster economic relations
- Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
- Vietnam leads top choice for global investors: Cushman & Wakefield
- Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
Trending
-
Vietnam, Switzerland upgrade bilateral ties to comprehensive partnership
-
Vietnam news in brief - January 21
-
Tet homework? Yes, but keep it light to avoid stress for students
-
Vietnam hosts first international lantern competition
-
Hanoi kicks off the Spring Calligraphy Festival in celebration of Lunar New Year
-
Hanoi’s central role means heightened responsibility in foreign affairs: Mayor
-
Hanoi revives historic Tet traditions in Duong Lam Ancient Village
-
AI set to drive Vietnam's economic growth in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads