Vung Ang Economic Zone was established and promulgated regulations according to the Decision No. 72/2006/QD-TTg, dated April 3rd 2006 and the Decision No. 19/2010/QD-TTg, dated March 3rd by the Prime Minister in a total area of 22,781 ha, situating in 9 Southern communes of Ky Anh District, Ha Tinh province. Its development core is Vung Ang - Son Duong deep sea port complex which can accomodate vessels of 5-35 ten thousand D.W.T.

Vung Ang Economic Zone has advantageous economical and political geography: locates on the North - South traffic axis and the East - West economic corridor, 60 kilometres far from Ha Tinh city and Thach Khe iron ore mine. Vung Ang Economic Zone can be economically linked to all regions throughout the country through 1A National Road, Ho Chi Minh Highway and National railway; easily connect to Central Laos and North Eastern Thailand by 8A and 12 National Road through Cau Treo and Cha Lo border gate. It is easy to reach South Asian, North American and African countries from Vung Ang – Son Duong deep sea port through international maritime route. Vung Ang – Son Duong sea port is also favorable gate-way to the sea for Laos PDR and North Eastern Thailand.
Vung Ang Economic Zone has a large land fund apropriate for industrial and urban development. In addition, its diversification in terms of topography is favourable for the development of trade, services, eco-tourism, vacation, especially beach tourism.

The development objective of the Vung Ang Economic Zone has been identified as: Exploiting the maximum advantage of natural conditions, economic and political geographical position, promoting social - economic development of Ha Tinh province and North Central region; Building and developing Vung Ang EZ to become integrated, interdisciplinary, multidisciplinary, along with the EZs of the Central region, forming a chain of economic zones closely linked with each other and gradually become the nucleus of growth, the center of metallurgical industry - port services – tourism of North Central region; Becoming a communication hub of international importance, contributing to expand market share for North Central region and becoming a bridge to the market of Laos and North Eastern Thailand; Creating jobs, promoting education and improving the quality of human resources of the region, contributing to shifting labor structure of Ha Tinh to meet the needs of human resources for Vung Ang EZ.

Vung Ang Economic Zone is now eventful with 100 projects licensed with total investment capital registered of nearly US$11 billion. Among which typical projects are: Iron and Steel Complex and Son Duong sea port with total investment value of two phase is US$15 billion; Vung Ang I Thermal Power plant with US$ 1.56 billion, Steel refining plant with US$ 100 million, Five-star hotel and office bulding with US$78,6 million, Tau Voi lake tourism - service center with US$ 70 million, Industry – Services - Urban Complex with US$ 50 million,etc. And many other large investors at home and abroad are looking at investment opportunities and business cooperation.
 

- Locates in Xuan An township, Nghi Xuan district, Ha Tinh province, near National road No. 8B and close to National road No. 1A, 5km far from Vinh city center, 45km far from Ha Tinh city and 103km far from Cau Treo International border gate.
- Locates 6km far from Xuan Hai sea port which can accomodate ships of 3,000 DWT, 20km from Cua Lo sea port which can accomodate ships of 10,000 DWT.
- Has total area of 350 ha, the detailed master plan in 100 ha of which has been approved by Ha Tinh Provincial People's Committee in accordance with the latter’s Decision No. 3282/QD-UBND dated December 17th. Prioritized fields callling for investment include: Building of infrastructure in the industrial zone; eletronics, processing of cattle foodstuff, forest products, sea products; textile and garment; electric product producing and assembling; packages and bags; food processing; producing of household goods.
At present, one factory has been put into operation in Gia Lach Industrial Zone.
- Power supply: got from national power grid, which passes the Industrial Zone in the North, through a central distribution station.
- Water supply: supplied along National road No. 8B.
 

- Locates in Can Loc district, Ha Tinh province, 20 km far from Ha Tinh city, 30km far from Vinh city, and adjuscent to National road No. 1A and National road No.8A start point running through Cau Treo Economic Zone and Cau Treo International Border Gate to Lao PDR. These are favourable for doing business with all regions throughout the country and abroad.

- Locates in the area that agriculture and farm economy are effectively developed.

- Locates near nationally recognised historical and cultural relics such as: Dong Loc Crossroad Monument, Huong Tich pagoda, ... which has the potential for tourisim.

- Has total area of 300 ha, the detail master plan in 100 ha of which has been approved by Ha Tinh Provincial People's Committee in accordance with the Decision No. 294/QD-UBND dated January 29th 2008. Prioritised fields callling for investment includes: Building of  infrastructure in the Industrial zone; processing of agricultural, forest, aquatic products; Assembling; mechanic, accessory manufatures; electricity, electronics; producing of construction materials; producing of housewares and residential products.
At present, in Ha Vang Industrial Zone, three factories have been put into operation.

- Power supply: got from national power grid, well satisfies producing and residential electricity demand in the area.

- Water supply: got from the clean water plant with the capacity of 2.000 m3/day-night, water can be supplied from Nghen river, 500m away from the Industrial Zone.