Vietnam proposes law on industrial parks to attract high-quality investment

The view of Phu My No 3 Industrial Park in the southern province of Ba Rịa-Vung Tau. Vietnam currently has 416 industrial parks and more than 1,000 industrial clusters, which contribute to around 50 per cent of the country's export turnover. - VNA/VNS

HANOI: Vietnam's Ministry of Planning and Investment has proposed a new law on industrial parks to attract more investments, Vietnam News reported on Tuesday (May 7).

The law aims at creating flourishing conditions for Vietnam to build large and green industrial parks that can attract high-quality investment capital flow.