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At the forum, Dr. John Kent, Arkaansas University (United States), who has 30 years of experience in developing supply chains between the United States and China, gave a presentation on "Trends in the development of free trade zones - Opportunities and recommendations for Vietnam's logistics industry."

Kent noted that the Free Trade Zone (FTZ) is becoming a strong development trend in the world, contributing to promoting international trade and minimizing barriers to trade. Vietnam, with its strategic location in Southeast Asia, has a great opportunity to take advantage of the free trade agreements (FTAs) that Vietnam has signed, thereby expanding international trade networks, and enhancing the role of the logistics industry in the global supply chain. must strive to take advantage of free trade agreements (FTAs) in promoting the formation of free trade zones (FTZs).

Prof. Dr. John Kent, Arkaansas University (USA) spoke at the event (

Recently, companies around the world have been tending to shift their supply chains to Vietnam, Kent said. At the same time, the country has a very special position, a neutral role when it has just cooperated with both China and the United States. Vietnam is in a new era with dynamic leadership, the most favorable geographical location in international trade flows, along with being in a good position to play a diplomatic role in an increasingly complex world.

Sharing some models and experiences on the development of free trade in several countries in the region such as Singapore, South Korea, Malaysia, and China, Kent recommended that Vietnam could make good use of the border with China to form free trade zones that are specialized areas for international trade, foreign investment, bonded warehouses, and export processing.

The expert also said that Vietnam can develop economic cooperation zones and borders to encourage border trade and export processing, improve relations with neighboring countries and improve economic conditions in areas where many ethnic minorities live. In these areas, it is important to focus on the production of components, so that input materials from Guangdong Province (China) can enter Vietnam for production and export again or launch to the market. Economic corridors such as Guangdong and Kunming (China) concentrate a lot of production activities. This is an important advantage of Vietnam when it has a border adjacent to this area.

Vietnam is expected to become a free trade country with the establishment of many different free trade zones like the experience and model from Singapore. So the country needs to clearly see the "China + 1" strategy to diversify supply, with the goal of reducing the risk of dependence through supplier diversification and to have the goal of avoiding tariffs from processing production.

Dr. John Kent also emphasized Vietnam's role as the gateway to the Greater Mekong subregion. He also gave assessments on public-private cooperation models in free trade development. At the same time, he also shared his experience related to diplomacy and diplomats in trade exchanges. This expert also emphasized the role of Vietnam's neutral position in trade and diplomatic issues.

There are 5 main ecommendations, proposing the development of logistics for Vietnam from the perspective of supply chain. First, Vietnam needs to take advantage of Vietnam's diplomatic neutrality with China and the United States (like Switzerland for global supply chains).

Second, implementing a free trade zone (FTZ) for the whole of Vietnam (FTC), which can use a legal framework, taking experiences and models from Singapore and Hong Kong (China). He also hopes that Vietnam will consider the plan, announcing itself as a free trade country from January 1, 2025.

Third, the shift in infrastructure, in which, it is recommended that Vietnam needs to build a new two-way railway line to be able to connect Vientiane Capital (Laos) with the east coast of Vietnam. At the same time, build a railway line connecting China and Thailand. This will help Vietnam play a real role as a gateway of Southeast Asia.

Fourth, improve activities in the land border gate area between Vietnam and Yunnan (China); especially with Vietnam and Guangxi (China).

Finally, Vietnam needs a strong company and network specializing in strong feeder and consolidation vessels to connect Vietnam with ASEAN and China.

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