HCMC —Dong Nai Province is planning to develop an 8,000-hectare free trade zone near the Long Thanh International Airport, Phuoc An Port, and key industrial parks.
The government of the southern province met with Imex Pan Pacific Company (IPPG) on May 15 to discuss potential investment in the project, reported the Vietnam News Agency.
Under the Party Central Committee’s Conclusion No. 123, Dong Nai is among five localities selected to pilot the development of free trade zones. The other four are Danang, Haiphong, Ba Ria–Vung Tau, and Khanh Hoa.
The proposed zone would include several components: over 1,400 hectares near Long Thanh airport and an innovation hub in Long Thanh District; more than 2,600 hectares in the Bau Can–Tan Hiep industrial zone; nearly 3,600 hectares in the Xuan Que–Song Nhan zone; and logistics and port areas at Phuoc An covering 360 hectares.
The planned zone would occupy around 1.3% of the province’s total area, in line with international norms where FTZs typically account for 1–2% of regional land.
IPPG said the province’s industrial base, port access, and the upcoming airport position it well for a free trade zone. The company asked for support from local authorities during project planning and review.
Vo Tan Duc, chairman of the People’s Committee of Dong Nai, said the province has favorable conditions to develop a free trade zone but noted that Vietnam has yet to have a legal framework for such zones.