$3 bln investment opportunities in central Vietnam economic zone
The central province of Thua Thien-Hue is calling for investments of more than VND70 trillion ($2.98 billion) for 16 projects in the Chan May-Lang Co Economic Zone (EZ).
The projects are mainly in tourism, real estate, industrial property and seaport infrastructure areas.
The Chan May-Lang Co Economic Zone in Thua Thien-Hue province, central Vietnam. Photo by The Investor/Van Dinh.
Among the 16 projects are two mega urban area projects with a combined investment of VND50 trillion ($2.13 billion): one the Chan May Urban Area at the heart of the EZ; and the other along the Bu Lu River.
The former will cover 1,000 hectares with an investment capital of VND35 trillion ($1.49 billion), while the latter will be built at a cost of VND14.7 trillion ($627.26 million).
The province is also calling for VND3.42 trillion ($145.9 million) for two sub projects within the Chan May Urban Area.
Four industrial real estate projects are also in need of investment, including the 129-hectare Chan May Lang Co Industrial Park No.2 with an investment capital of about VND800 billion ($34.1 million).
In developing its logistics and seaport infrastructure, Thua Thien-Hue is seeking investment in two wharves at the Chan May Port that can accommodate vessels of up to 70,000DWT. Spanning a total of 20.4 hectares, the wharves will be built at a cost of VND1.6 trillion ($68.3 million) each.
Established in 2006, the Chan May-Lang Co Economic Zone has a favourable geographical position. It is located about 6-7 km from National Highway 1A and the North-South railway, and lies between the Phu Bai and Da Nang airports.
The zone has attracted a great number of investment projects, especially in tourism. As of 2021, the EZ was home to 50 investment projects with a total registered capital of more than VND82 trillion ($3.5 billion), including 12 foreign-invested projects worth over $2.4 billion.
- Related News
- Read More
Hai Phong Thermal Power CEO arrested over alleged document forgery
Hai Phong Thermal Power JSC said its CEO, Duong Son Ba, has been arrested by the Ministry of Public Security's investigative agency for alleged forgery of documents belonging to organizations.
Companies - Tue, May 26, 2026 | 8:00 am GMT+7
Sun PhuQuoc Airways launches Singapore route, connecting two of Asia's 'paradise' islands
Sun PhuQuoc Airways has officially announced the launch of its scheduled flights from Vietnam's largest island Phu Quoc to Singapore.
Travel - Mon, May 25, 2026 | 5:32 pm GMT+7
Profit of Samsung’s 4 major Vietnam plants doubles in Q1, led by Thai Nguyen province site
Four major Vietnam-based subsidiaries of Samsung Electronics reported combined net profits of $1.29 billion in the first quarter of this year, more than double from a year earlier, according to the group’s Q1 consolidated financial statements.
Companies - Mon, May 25, 2026 | 4:48 pm GMT+7
Seta - A “silken thread” weaving contemporary Cantonese cuisine into the soul of Phu Quoc
The union of refined aesthetics and contemporary Cantonese gastronomy, brought to life by chef Victor Ho, is turning Seta at La Festa Phu Quoc, Curio Collection by Hilton into one of Phu Quoc Island’s most coveted fine-dining destinations - a place every discerning gourmand should experience at least once in a lifetime.
Travel - Mon, May 25, 2026 | 4:27 pm GMT+7
FDI shifts 'taste', land banks lose edge as southern Vietnam's industrial property market gets more mature
Southern Vietnam’s industrial real estate market is entering a more mature phase as foreign direct investment (FDI) pivots toward high-tech and green industries, putting greater emphasis on logistics infrastructure, operational capacity and ESG standards over land availability.
Industrial real estate - Mon, May 25, 2026 | 2:35 pm GMT+7
Phu My Investment raises capital for mega seaport project in central Vietnam to over $311 mln
Phu My Investment Group has increased investment capital for the first phase of the Phu My Port project in Gia Lai province by more than VND2.1 trillion ($79.66 million), lifting total investment to over VND8.2 trillion dong ($311 million) as the company moves to expand technical infrastructure and port handling capacity.
Infrastructure - Mon, May 25, 2026 | 2:16 pm GMT+7
Vingroup launches gold-to-property program with buyback option
Vingroup, its housing arm Vinhomes, and several jewelry companies plan to roll out a program allowing customers to convert their idle gold holdings into cash for home purchases, while also offering an option to convert the property value back into gold later.
Real Estate - Mon, May 25, 2026 | 1:05 pm GMT+7
Japan retailer Aeon plans shopping mall project in central Vietnam
Hanoi-based CMH Vietnam Group JSC (CMH Group) and AeonMall Vietnam Co., Ltd. have proposed conducting research for the development of an international shopping mall in the central province of Nghe An.
Industries - Mon, May 25, 2026 | 11:07 am GMT+7
Why PV Power has no plans to IPO subsidiaries
PV Power said it has no plans to launch initial public offerings (IPOs) for key subsidiaries or reduce ownership below 51%, as the company prioritizes long-term cash flow preservation and financial capacity ahead of a new LNG investment cycle.
Companies - Mon, May 25, 2026 | 9:13 am GMT+7
Vietnamese listed firms stay cautious on 2026 profit outlook despite strong Q1
Vietnamese listed companies are entering 2026 with robust Q1 earnings growth, yet most are setting markedly more cautious full-year business targets as concerns over capital costs, uneven demand recovery, and widening sector divergence weigh on corporate sentiment.
Companies - Mon, May 25, 2026 | 8:00 am GMT+7
Mobile World's electronics retailer wins approval for $545 mln IPO
Dien May Xanh, the electronics retail chain of Mobile World Group (HoSE: MWG), has received approval from the State Securities Commission of Vietnam (SSC) for its highly anticipated IPO, positioning it to become the country's largest market debut in five years.
Companies - Sun, May 24, 2026 | 10:33 pm GMT+7
Stricter penalties needed to prevent counterfeit textbooks in Vietnam
Stricter penalties and stronger enforcement measures are needed to curb the growing circulation of counterfeit textbooks in Vietnam, as fake and illegally printed books continue to spread widely across retail stores, e-commerce platforms, and social media channels, posing risks to educational quality and consumer rights.
Companies - Sun, May 24, 2026 | 2:05 pm GMT+7
Non-life insurer PVI, chamber of commerce VCCI partner to enhance business competitiveness
PVI Insurance, a leading non-life insurer in Vietnam, and the Vietnam Chamber of Commerce and Industry (VCCI) have signed a cooperation agreement to establish their comprehensive partnership for 2026-2027.
Companies - Sun, May 24, 2026 | 1:56 pm GMT+7
Japan’s Nissha acquires 60% of Vietnam stent maker in Southeast Asia push
Japan’s technology group Nissha has completed the acquisition of a 60% stake in USM Healthcare Medical Devices Factory JSC (USM Healthcare), a Vietnam-based cardiovascular stent manufacturer, expanding its footprint in Southeast Asia.
Companies - Sun, May 24, 2026 | 10:10 am GMT+7
Vietnam’s fast-food industry expands 13% as chains pivot beyond major cities, KFC leads growth
Vietnam’s fast-food sector is experiencing a robust post-pandemic revival, with the total number of outlets nationwide projected to grow to 1,156 in 2026, up from 1,022 last year, or 13%, according to a recent market report by research firm Q&Me.
Economy - Sun, May 24, 2026 | 8:00 am GMT+7
From satellite internet to device manufacturing: Amazon expands ambitions in Vietnam
Amazon aims to position Vietnam as a manufacturing hub for selected devices serving global exports, said David Zapolsky, the giant's senior vice president and chief global affairs and legal officer.
Companies - Sat, May 23, 2026 | 10:35 pm GMT+7
