February 17, 2025 | 19:36 (GMT+7)
Quang Ninh to ask for permission to develop Van Don Economic Zone
The Standing Board of Quang Ninh province’s Party Committee has agreed to submit a proposal to the Party Central Committee’s Secretariat for feedback on the draft plan to build a pilot mechanism and policy for the development of the Van Don Economic Zone.
Accordingly, it will propose the permanent member of the Secretariat include this in the Politburo's work program, and ask for the Politburo’s permission for Quang Ninh to work with related ministries and agencies to develop and finalize the plan, which will be sent to relevant authorities as per regulations.
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Quang Ninh province has envisioned turning the Van Don special administrative-economic zone into a smart and green island urban area. |
The Van Don Economic Zone was established under the Prime Minister's Decision No.120/2007/QD-TTG on July 26, 2007, with its master plan adjusted in 2020. It is envisioned as a multi-sector, multi-disciplinary coastal economic zone, focusing on high-end marine and island tourism and integrated services; and as an international trade gateway to create unique, high-quality, modern products with international competitiveness.
Van Don is striving to become an economic and cultural center of the region, with focus on developing services and industries that utilize advanced science and technology. Key areas of development include logistics, high-end tourism, modern entertainment industries with international standards, and high-tech industries.
Van Don is also positioning itself as a hub for innovation, startups, and international trade in the region. It sets an annual economic growth rate of 25-30% by 2030, with total production value to reach USD 5.6 billion.
Source: VNA