MODEL 5P FOR ECONOMIC ZONES IN VIETNAM
The Economic Zone (EZ) is an economic term formed in the late 1970s of the twentieth century, originating in China under Deng Xiaoping. The first economic zone of the country is called SEZ (Special Economic Zone) – Shenzhen China. The essence of EZ is a distortion of the Industrial Park (Industrial Park), which was first established in 1896 in England. However, in terms of organization, the functional areas within the EZ are more diverse than the IZs; In particular, the policies of the state have a higher priority, the scale of the territory is often larger. In Vietnam, EZ is a name in Vietnam. In other countries, the term is also known by other names such as the Free EZ, Free Trade Zone, Non-tariff Zone, Tax Free Zone, Export Processing Zone, SEZ Open, Economic Zone . To organize and manage EZs in Vietnam, this article will be addressed in Model 5P to provide an overview of this type of economic zone.