Da Nang, June 22 -- In a significant milestone for regional development, Deputy Prime Minister Nguyen Hoa Binh on June 22 officially announced the Prime Minister's decision to establish the Da Nang Free Trade Zone (FTZ), the first of its kind in Vietnam. This strategic initiative marks a turning point for the central city of Da Nang and the nation as a whole, setting the stage for enhanced economic integration, innovation, and investment. Spanning approximately 1,881 hectares, the FTZ comprises non-contiguous areas with specialised functional zones including production, logistics, trade and services, digital technology, information technology and innovation hubs. Developed with state-of-the-art infrastructure, it is designed to become a l...