A fast tunable dual-wavelength laser based on in-fiber acousto-optic Mach-Zehnder interferometer (AO-MZI) with new fabrication process is proposed. Not only could the center wavelength of the output laser be optimized with enhanced tuning range about 30 nm by tuning the polarization and the driving frequency of the radio frequency (RF) signal accordingly, but also the spectral spacing between the two output wavelengths could be tuned from ~0 nm to 2.65 nm by controlling the power of the RF signal. The tuning mechanism was also discussed.