Headlines 31/10/2022 17:27 CH

New regulations of Vietnam on the direction of the development of prioritized economic corridors by 2030

Uyên Vũ

On October 25, 2022, the Government of Vietnam promulgated Resolution No. 138/NQ-CP on the national master plan 2021-2030, with a vision toward 2050.

According to the Resolution, the direction of development of prioritized economic corridors by 2030 is as follows:

- Prioritizing the establishment and development of the North-South economic corridor based on the North-South arterial traffic.

This is the economic corridor with a particularly important position, connecting motivational areas, large urban areas, and economic centers, greatly contributing to the national socio-economic development, and creating a spillover effect promoting the development of the coastal areas and western regions of Vietnam.

Establishing the link between regional centers to create an inter-regional economic relationship on the arterial corridor. Extending the development of urban areas and systems of industrial zones and centers of services and tourism in association with provincial and regional urban centers.

Developing schemes and arranging space for the development of urban areas, industrial zones, logistics centers, etc.

- Developing the Lao Cai - Ha Noi - Hai Phong - Quang Ninh economic corridor as the main connecting arterial corridor of the Northern motivational region, connecting the Northern Midlands and Mountain with large economic centers and seaports of Vietnam, etc.

- Developing the Moc Bai - Ho Chi Minh City - Vung Tau economic corridor associating with the Trans-Asia economic corridor as the gateway to the sea of the Southeast region, promoting the economic development of the Southeast region, Mekong Delta, and Western Highlands.

See more details in Resolution No. 138/NQ-CP dated October 25, 2022.

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