The central city of Da Nang will continue to prioritise investment projects with advanced technologies and high added value in the future, said Huynh Lien Phuong, Director of the municipal Investment Promotion and Support Board.
DaNang (VNA) – The central city of Da Nang will continue to prioritiseinvestment projects with advanced technologies and high added value in thefuture, said Huynh Lien Phuong, Director of the municipal Investment Promotionand Support Board.
Phuongsaid that the city will associate investment attraction with startupactivities, innovation, application of high technologies and development of an digitaleconomy, while strengthening connectivity between domestic and foreigninvestors, and optimising regional linkages.
Shenoted that by the end of March 2019, Da Nang has hosted 715 valid FDI projectswith total investment of over 3.35 billion USD, including seven projects in theHi-Tech Park with combined capital of 228.96 million USD.
Theprocessing-manufacturing industry has been the most attractive sector of thecity, luring about 1.44 billion USD, accounting for 43.13 percent of the totalinvestment, followed by real estate-tourism with about 1.23 billion USD, andeducation-training with about 174 million USD.
Leadinginvestors in the city include Japan with 868.29 million USD, Singapore with650.7 million USD, the US with 764.3 million USD, and the Republic of Koreawith 310.4 million USD.
Inthe first quarter of this year, Da Nang licenced 32 new projects worth 355.8 millionUSD, along with 114.2 million USD added to existing projects, said Phuong.
Phuongattributed the results to the city’s endeavours to choose suitable projects inprioritized sectors, thus enhancing the quality of FDI flow.
Meanwhile,Da Nang has worked hard on administrative reform. The city led the country inprovincial competitiveness index (PCI) in four consecutive years from 2013 to2016, and ranked second in 2017.
DaNang topped the country in public administrative reform index from 2012 to2016, and came fourth in 2017, while maintaining its top position in ICTdevelopment index in 10 consecutive years.-VNA
The central coastal city of Da Nang is making strides towards turning itself into an eco-smart urban area, a hub for startups and innovation, and one of the most liveable cities in Asia by 2045 under its smart city development project announced at a conference on April 10.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Source: VNA) 
