Investors pour $1.76 billion into Chan May - Lang Co Economic Zone
The Chan May - Lang Co Economic Zone in the central Thua Thien – Hue province attracted 43 projects with total investment of nearly VNĐ40 trillion (US$1.76 billion) in the first ten months of the year.

Another is Chan May Port’s Wharf No 2 project backed by Chan May Port Joint Stock Company with registered capital of VND849 billion, spanning an area of 14ha. Construction of the wharf will begin in February 2018.
![]() The Management Board of Chan May - Lang Co Economic Zone plans to lure investment
into 18 new projects next year. |
Chan May Port is located between the two largest cities in the central region – Hue and Da Nang. The port also lies on the main sea route linking Singapore, the Philippines, Hong Kong (China) and Vietnam. It is among 46 seaports in Southeast Asia selected by the Asia Cruise Association as a stopover for cruise ships.
The port can now accommodate vessel of up to 30,000 DWT and cruise ships carrying 3,000-4,000 passengers each.
In 2018, the Management Board of Chan May - Lang Co Economic Zone will strive to lure investment into 18 new projects in the fields of industry, tourism, infrastructure of industrial parks, non-tariff areas and urban areas, with total estimated capital of VND5 trillion.
Thua Thien – Hue Province will manage to increase the occupancy rate of Chan May - Lang Co EZ to 32 per cent in 2018.
In order to support businesses in attracting investment, the Management Board of Chan May - Lang Co EZ has focused on creating favourable conditions and removing difficulties and obstacles for investors in order to make sure that the projects are implemented on schedule. For large projects, the board has set up working groups, in co-operation with the investor, local People’s Committee and related departments and agencies to quickly resolve issues arising in site clearance.
In 2017, together with the promotion of investment attraction, the Management Boards of Thua Thien-Hue EZs and IPs have repeatedly reviewed delayed projects to timely and resolutely handle cases of projects that show signs of inability to be implemented, and withdrawing investment licenses if needed to re-allocate them to other potential investors.

12:17, 2025/02/25
Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief
A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.

18:03, 2025/02/22
Vietnam attracts South Korean tech investment at SEMICON Korea 2025
The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.

16:46, 2025/02/20
Swedish group plans US$1 billion investment in Binh Dinh recycling plant
By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.

10:52, 2025/02/13
Samsung plans to invest in AI, semiconductors in Vietnam
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.

17:20, 2025/02/07
Vietnam's data center construction costs among the lowest in Asia Pacific
The country has a lot of potential to become one of the most important data markets in the region.

21:05, 2025/02/03
Bright prospects for FDI inflows into Vietnam in 2025
Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.
- Foreign companies confirm investment expansion in Vietnam in 2025
- PM invites Skoda to manufacture electric vehicles in Vietnam
- US Berggruen Holdings to help Vietnam set up investment funds
- Vietnam releases Esports White Book 2022-2023
- Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
- Better links with FDI firms to support Hanoi businesses