Sure, I can assist you with this. ## Prime Minister Pham Minh Chinh: Piloting Free Trade Areas is a Novel and Challenging Endeavor, but We Must Embrace the Challenge.

Prime Minister Pham Minh Chinh has directed and surveyed the development of Vietnam's first free trade area in Danang City.

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According to Prime Minister Pham Minh Chinh, piloting a free trade area in Danang is a new and challenging task, but it must be done, no matter the difficulties. He emphasized that this is not only the responsibility of the city but also requires the dedication and collaboration of central ministries and sectors.

This statement was made by the Prime Minister at a conference held on August 31st, focusing on propagating and implementing Resolution No. 136/2024/QH15 of the National Assembly on organizing the urban administration and piloting several specific mechanisms and policies for the development of Danang city. This resolution introduces novel and groundbreaking policies for the city and the entire country.

Prime Minister chairs the conference on implementing Resolution 136 for Danang’s development (Photo: Chinhphu.vn)

Resolution 136/2024/QH15 stands out with its innovative aspects, notably attracting strategic investors (Article 12), establishing the Danang Free Trade Area (Article 13), and land revocation for constructing logistics center components and structures (Article 11).

During the conference, Prime Minister Pham Minh Chinh assigned the Ministry of Planning and Investment to take the lead, in collaboration with relevant ministries, sectors, and the Danang People’s Committee, to study, formulate, and submit to the Prime Minister for issuance of a decision on establishing the Danang Free Trade Area and its operating regulations.

As part of his working agenda in Danang, the Prime Minister inspected several key projects and locations on September 1st, including the prospective site for the nation’s first free trade area through land reclamation.

Prime Minister inspecting the proposed site for the commercial services area within the Free Trade Area (Photo: VGP/Nhat Bac)

The Prime Minister examined two potential sites for the commercial services area within the Danang Free Trade Area: a land reclamation project along Nguyen Tat Thanh Street in Thanh Khe District (intended for logistics services, approximately 420 hectares) and a 90-hectare site at the foot of Ba Na mountain in Hoa Vang District (already zoned for commercial and service purposes).

During this site inspection, the Prime Minister instructed the Danang city authorities to review the planning for commercial and service development areas, thoroughly studying and defining the connections between these areas, including soft and hard infrastructure, transportation, policies, and management. He emphasized that these connections should be considered within the context of the city’s socioeconomic development, ensuring that they complement rather than hinder each other.

Resolution 136/2024/QH15 mandates the establishment of the Danang Free Trade Area in association with Lien Chieu Seaport. The free trade area is a functional zone with a defined geographical boundary, established to pilot mechanisms and policies aimed at attracting high-quality investment, finance, trade, tourism, and services.

The resolution clarifies that the Danang Free Trade Area will comprise functional areas as specified in the decision of the Prime Minister on its establishment, including production, logistics, commercial and service areas, and other types of functional areas as stipulated by law.

The functional areas within the Danang Free Trade Area will be physically separated from the outside area by a solid barrier, ensuring customs inspection, supervision, and control by the customs authority and state management by relevant agencies in their respective fields, in accordance with the law. The exchange of goods between the functional areas of the Danang Free Trade Area and the outside area shall be considered as import and export activities, subject to the law on customs, taxes, and import and export regulations.

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