Lotte opens fourth duty-free in Danang

Lotte opens fourth duty-free in Danang

South Korea's leading travel retail group Lotte Duty Free has opened a duty-free store in the centre of Danang.
IPP Group to pour $440 million into Van Don SAEZ

IPP Group to pour $440 million into Van Don SAEZ

IPP Group has proposed pouring VND10 trillion ($440 million) into the whole non-tariff area of Van Don Special Administrative-Economic Zone in 2018-2023.
Traders break or the border

Traders break or the border

Opened nearly a decade ago, the Lao Bao Special Economic and Trade Zone in Quang Tri province is a sumptuous overstatement of duty free options in comparison to crossing points in neighbouring provinces. Informally, Lao Bao is known as “the 500,000 gate”, as those passing through to seek foreign-made goods at duty free prices, but can spend no more than VND500,000 per person. As managers plan extensions of the already grandiose centre, travellers wonder when the glass spending ceiling will break.