Da Nang hopes to facilitate investment from Kazakhstan
Da Nang supports and will create the best conditions for Kazakh businesses when investing in the central city, Chairman of the municipal People’s Committee Le Trung Chinh told Kazakh Ambassador to Vietnam Kanat Tumysh on December 18.
At the meeting between Chairman of the municipal People’s Committee Le Trung Chinh and Kazakh Ambassador to Vietnam Kanat Tumysh. (Photo: VNA)
Da Nang (VNA) - Da Nang supports and will create the bestconditions for Kazakh businesses when investing in the central city, Chairmanof the municipal People’s Committee Le Trung Chinh told Kazakh Ambassador toVietnam Kanat Tumysh on December 18.
Hosting the visiting Kazakh ambassador,Chinh expressed his hope that the diplomat will act as a bridge connectingKazakh businesses with Da Nang.
He briefed the guest on the city’ssocioeconomic development situation, stressing that it has been identified as growthnucleus of the central key economic region, and is moving towards the “service-industry-agriculture”economic structure, and promoting foreign affairs and internationalcooperation.
Kanat Tumysh said that in recent times, therelationship between Vietnam and Kazakhstan has developed positively. However, thatbetween Da Nang and Kazakhstan remains limited, only stopping at exchangingdelegations and organising a few cultural diplomatic events.
In August, on the occasion of the workingvisit to Vietnam by Deputy Prime Minister and Minister of Trade and IntegrationZhumangarin Serik Makashevich, the two countries signed a joint action plan, includingthe consideration of the possibility of signing a memorandum of understandingon cooperation between Aktau city of Kazakhstan and Da Nang in the 2023-2025 period, he shared.
The diplomat proposed the two sides intensifycooperation in potential projects in construction, high technology, social housing,and tourism development./.
The total number of visitors to the central beach city of Da Nang in 2023 is estimated to exceed 7.4 million, doubling the figure in 2022 and equivalent to 93% of the figure in 2019 before the COVID-19 pandemic broke out, the municipal Department of Tourism has reported.
The Department of Tourism of Da Nang has reported that, the total number of international visitors coming to the central city is estimated to reach more than 2 million, a four-fold increase year-on-year and equivalent to 62% of the figure in 2019.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
At the meeting between Chairman of the municipal People’s Committee Le Trung Chinh and Kazakh Ambassador to Vietnam Kanat Tumysh. (Photo: VNA) 
