QUANG TRI EYES 86 MILLION USD LOGISTICS CENTRE

The People's Committee of Quang Tri province has approved in principle for Dong Nam ICD JSC to develop a logistics centre, expected to cost more than 2 trillion VND (86 million USD), in the East South Quang Tri Economic Zone.

The 72ha centre is slated for completion in 2025. That aims to contribute to speeding up the development of the logistics industry in the province and facilitate local enterprises in the economic zone and those in neighbouring areas.

The committee’s Vice Chairman Ha Sy Dong told baodautu.vn that the investor will get preferential corporate income and import taxes, land rental exemption and other investment incentives in accordance with regulations.

Quang Tri is shaping up to be an attractive destination for domestic and foreign investors thanks to its advantageous natural conditions, synchronous infrastructure, clear mechanisms, and especially the commitment of local authorities to welcome and facilitate investment.

Last year, the province saw construction of nearly 30 key projects commence with a total investment of about 100 trillion VND (4.29 billion USD). This proved a great effort by the locality to attract investment, baochinhphu.vn reported.

They included the Thailand-invested BOT Quang Tri 1 Thermal Power Plant, worth above 55 trillion VND, in Hai Khe commune of Hai Lang district. The project, the largest of its kind in the province, has a designed production capacity of 1,320 MW.

Others were the 685ha-My Thuy port area, being constructed in the East South Quang Tri Economic Zone with total investment of over 14 trillion VND; wind power plants Huong Phung 2 and 3 with a combined investment capital of nearly 2.31 trillion VND in Huong Hoa district and a 36ha eco-tourism complex, valued at 1.7 trillion VND in Vinh Linh district.

According to local authorities, many domestic and foreign investors have seen the province's potential, strengths, and aspirations to rise and they are willing to explore investment opportunities.

The province will call for investment in areas in which it has advantages. Meanwhile, the province will select investors who produce hi-tech goods or those that facilitate the province's general development.

Source: VIR

Related News

MEMBER CORNER / PROMOTIONS

KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA

From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.

Sep 24, 2026

VIETNAM ECONOMY INVESTMENT

VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER

Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.

Sep 23, 2026

TECHNOLOGY

VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS

Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.

Sep 23, 2026

GARMENT / TEXTILE

VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS

Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.

Sep 23, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS

Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.

Sep 23, 2026

LEGAL UPDATE / POLICY

FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH

Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.

Sep 23, 2026