The Seminar was co-chaired by Permanent Deputy Secretary of Da Nang Municipal Party Committee, Chairman of Da Nang People's Council Luong Nguyen Minh Triet and Vice Chairman of Shandong People's Council Vuong Nghe Hoa and attracted the participation of more than 100 Chinese investors and representatives of large corporations in various fields and industries.
Addressing the event, Mr. Luong Nguyen Minh Triet highlighted the positive results Da Nang and Shandong had achieved since the establishment of partnership in 1996. He emphasized that the achievements between the two sides would serve as a solid foundation for further cooperation in multiple fields. In the meanwhile, Mr. Vuong Nghe Hoa urged the two localities to take advantage of the potential to increase collaboration in trade, investment, tourism and culture.
Permanent Deputy Secretary of Da Nang Party Committee, Chairman of Da Nang People's Council Luong Nguyen Minh Triet delivered the opening remarks
Vice Director of Da Nang Investment Promotion Agency Do Thi Quynh Tram provided delegates with detailed information about investment policies and support in Da Nang City. She said that Da Nang had focused on seeking effective solutions to reduce barriers for investors. Currently, in Da Nang there were 93 projects from Chinese investors with a capital of more than 118 million USD. She expected that with its competitive advantages, Da Nang would become an investment destination choice of a lot of Chinese companies. Vice Director of Da Nang Department of Tourism Tan Van Vuong added that tourism was also one of the most focused sectors of the relationship. He expressed his hope that more tourism exchanges would happen in the coming time.
The discussion session was filled with interesting questions from the audience with regards to details on investment incentives in hi-tech industry and opportunity for the opening of Da Nang - Shandong direct flight. YINGFENG, a hi-tech company specializing in logistics robots expressed that with the appealing investment incentives in terms of corporate income tax, land rental…, Da Nang Hi-tech Park would be an ideal location for their next investment into Viet Nam.
Discussion session
The seminar opened a lot of opportunities for Vietnamese and Chinese investors to connect and cooperate for new business ventures.
| Shandong is China’s second most populous province. Shandong has played a major role in Chinese history since the beginning of Chinese civilization. It has served as a pivotal cultural and religious center for Taoism, Chinese Buddhism and Confucianism. Shandong's location at the intersection of ancient and modern north–south and east–west trading routes has helped establish it as an economic center. The economy of Shandong is China's third largest provincial economy with a GDP of CNY¥8.7 trillion in 2022. Shandong and Da Nang has entered a partnership since 1996. |
(IPA Da Nang)
