Attending the seminar, there were Chairman of the City People's Committee Le Trung Chinh; Consul General of Thailand in Ho Chi Minh City City Wiraka Moodhitaporn; Editor-in-Chief of Vietnam Economic Times Chu Van Lam, together with many businesses and investors.
Create the most favorable conditions for investors
Chairman Le Trung Chinh said that Da Nang is one of the five cities directly under the Central Government, and is the locomotive leading the socio-economic development of the Central Key Economic Zone. The scale of GRDP in 2022 was estimated to reach more than 125,000 billion VND, equivalent to about 5.3 billion USD, with an estimated growth rate of 14.05%, ranking third in the country. Compared to other 5 cities directly under the Central Government, Da Nang leads in terms of growth rate and ranks 4/5 in terms of scale. Compared to other 5 provinces and cities in the Central Key Economic Zone, Da Nang leads both in growth rate and in economic scale.
Based on the available potentials and advantages, to achieve a fast and sustainable economic development, the city is oriented to develop and attract investment in many fields. Orientation to 2030, vision to 2045, building Da Nang into a smart eco-city, a hub for entrepreneurship, innovation and a livable coastal city in Asia. Da Nang therefore focuses on developing 3 main pillars inclusive of Tourism, High-Tech Industry and Marine Economy.
“City leaders committed to making efforts to create the most favorable conditions for investors to learn about the investment environment, establish and implement effective projects in Da Nang”, the Chairman of the City People's Committee emphasized.
Chairman of the City People's Committee Le Trung Chinh speaks at the Seminar (photo: Vietnam Economic Times)
Investment opportunities in Da Nang city in many attractive fields
Ms. Huynh Lien Phuong, Director of Danang Investment Promotion Agency (IPA Da Nang), said that up to now, Da Nang has attracted 977 foreign direct investment projects with a total investment capital of more than 4.06 billion USD from 45 countries and territories; in which mainly concentrated in the manufacturing and processing industries (48.2%), real estate and tourism (33.8%), services (16.4%) and other fields (16%). In order for the city to continue to develop in the coming time, Da Nang is advocating to accelerate the completion of the infrastructure system with the construction of Lien Chieu port, focusing on calling for 05 logistics projects, investment projects in the field of high technology, ICT, supporting industries, 04 international education projects, 02 high-quality medical projects, etc. She also mentioned the project of financial and commercial complex with entertainment, casino and high-class apartments, the project has a beautiful location, along the Vo Van Kiet road heading to the sea (Son Tra district), and has strategic significance to turn Da Nang into the financial center of the region. .
Mr. Nguyen Cong Tien, Deputy Head of the Hi-Tech Park and Industrial Parks Authority, said that the city plans to develop 4 new industrial parks, in which, focusing on biological industrial parks, towards a green economy. "The city has a lot of preferential policies, outstanding support for businesses when investing in Hi-Tech Park and industrial parks in the city. In addition, we are looking forward to the enterprises to research and invest in the development of industrial park infrastructure of new industrial zones", Mr. Nguyen Cong Tien said.
The Seminar (photo: Vietnam Economic Times)
Da Nang is a reliable investment location
At the seminar, Mr. Chris Valoon, Chairman of the Amrican Chamber of Commerce - Da Nang Brand expressed his impression of the outstanding development of Da Nang. According to him, in more than three years of operation in Da Nang, it can be affirmed that the city's business investment environment is transparent and favorable for investors: "I also had the opportunity to work with some businesses in the city and most businesses have affirmed that the Da Nang government always accompanies businesses in implementing investment procedures as well as investment incentives in the Hi-Tech Park".
According to Ms. Michele Wee, General Director of Standard Chartered Bank Vietnam, in the future, Standard Chartered will expand its operations in Vietnam and Da Nang is one of the very potential locations for this bank to open a branch.
Delegates attending the Seminar (Photo: Investment Newspaper)
Investment Promotion Agency (IPA Da Nang) is committed to always accompanying investors when they come to learn about the environment and investment opportunities in Da Nang city.
Duy Hoa
