Vietnam’s Government has demonstrated its willpower to develop special economic zones (SEZs) which it hopes will spearhead the country’s growth. Following China’s footstep, Vietnamese Government set these Special economic zones in very favorable location to attract great stream of investment.
The three SEZs will be located in the coastal districts of Van Don in the northern province of Quang Ninh; Bac Van Phong in the central province of Khanh Hoa, and Phu Quoc Island.
Located 60 kilometer north of Nha Trang City (where CRE Vietnam based), Bac Van Phong Special Economic Zones (Northern Van Phong) is one of our focus and recommendation for investment in the near future.
CRE Vietnam has direct access to the opportunities in this region. Acquiring land and project in this location is an valuable move along in the ever fast going economic of Vietnam.
The Northern Van Phong special zone will cover a total area of 66,000 hectares, including 19,000 hectares on land and islands, and 47,000 hectares on water surface. The special zone’s target is becoming a big modern tourist – service center, partly stepping up the economic development of the province as well as the Southern Central and Highlands region. The Northern Van Phong special zone will focus on 4 industries, including sea port services and logistics, international finance, luxury tourism with casino, entertainment, and high-tech industry.