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Three bets behind Vietnam’s three-hub free-trade-zone network
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The Business Times
In practice, they are three different bets on how Vietnam can deepen its position in Asian supply chains.
Ho Chi Minh City’s zone at Cai Mep Ha builds on the south’s vast cargo base and strategic location to support the development of an international transshipment hub.
“FTZs would diversify maritime revenue streams and strengthen Vietnam’s position as a regional maritime and logistics hub,” Bui said.
Hai Phong: The high-tech supply chain betHai Phong’s 6,292-hectare FTZ spans three non-contiguous sites linked to economic zones, including two sites around Lach Huyen – northern Vietnam’s international deep-water gateway.
“The first step for (Vietnam’s FTZs) would obviously be to create and build the critical infrastructure,” YCH’s Yap noted.