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Promoting investment between Da Nang and Frankfurt (Germany)
Author: Hòa Duy Võ Updated: 27/05/2024 Views: 14

During the business trip of the Chairman of the People's Committee of Da Nang City in Germany, the delegation worked with the Invest Region Frankfurt Rhein-Main to promote investment activities on May 21, 2024.


At the meeting, Mr. Joern Siegle, Vice Chairman of the Invest Region Frankfurt Rhein-Main, said that companies in Frankfurt have strenghts in information technology, software development, data centers, banking and financial services. These are industries that are very suitable for the fields that Da Nang city is focusing on developing and attracting investment, because Da Nang city identifies high-tech industries, information technology, and finance etc will be the industries that create the driving force for development for the city in the coming time. He was very impressed with the city's development and wanted to support the city in attracting more investment projects from Germany because the potential for investment cooperation between the two countries in general and the two localities in particular is still very abundant.

Chairman of the City People's Committee Le Trung Chinh gave a souvenir to the Invest Region Frankfurt Rhein-Main

Da Nang Investment Promotion Agency and the Invest Region Frankfurt Rhein-Main have many similarities in functions and tasks, so Mr. Joern Siegle agreed to coordinate with the Investment Promotion Agency to introduce and organize German business delegations to Da Nang to explore the investment environment and opportunities, invites Da Nang businesses to participate in trade investment promotion events in Frankfurt directly and online in the near future.

It is known that the Invest Region Frankfurt Rhein-Main is an agency that attracts investment into the greater Frankfurt area, established in 2005. The agency focuses on providing consulting services for businesses including: finding investment locations, providing comprehensive advice on establishing a company, providing general information on taxes and laws, finding suitable office premises or locations that suit investors' needs, support the process of applying for visas and work permits, support connections, labor, etc. Frankfurt with a population of more than 670,000 people is the largest city in the country. Hesse state and is Germany's fifth largest city. Frankfurt is famous for its financial businesses and has many leading international businesses from various industries such as chemical corporations, advertising companies, software businesses, etc.

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Copyright of Danang Investment Promotion Agency

License No. 124/GP-STTT by Authority of Danang Department of Information and Communications issued on February 20, 2017

Subsidiary Responsible Person: Mrs. Huynh Lien Phuong - Director of Danang Investment Promotion Agency