World Economy

Vietnam’s New Zones

Vietnam’s New ZonesVietnam’s New Zones

The Vietnamese government has identified eight economic zones along the city coastal areas whose development will be a focal point over the next five years, VNA reported. These economic zones alone will receive 70% of the total funding earmarked for all zones across the country each year. The budget will be spent on infrastructure development, the government’s website reported. The ministry of planning and Investment was ordered to work with the ministry of finance in making plans to call for investment from the private sector, it said.