Industrial zone development crucial for FDI attraction

HCMC – Developing industrial zones is essential to achieving the goals set forth in the foreign direct investment (FDI) attraction strategy for the period of 2021-2030, said Tran Quoc Phuong, Deputy Minister of Planning and Investment. “To accomplish these targets, an impetus in the development of industrial zones is essential,” said the deputy minister. Phuong called for collaboration between the Ministry of Planning and Investment and local entities in the development of industrial and economic zones. Amidst intensifying competition for FDI, Vietnam’s strategies and policies have elevated its allure for investments both domestically and globally. These measures have furnished the groundwork for national, sectoral, and provincial planning endeavors aimed at optimizing economic zones, he noted.