Singaporean firms selected to design master plan for Da Nang
Da Nang authorities have selected Singaporean-based firms Sakae Corporate Advisory and Surbana Jurong to design the central city’s master plan and economic development strategy towards 2030.
Da Nang (VNA) – DaNang authorities have selected Singaporean-based firms Sakae Corporate Advisoryand Surbana Jurong to design the central city’s master plan and economicdevelopment strategy towards 2030.
The information was unveiled by Directorof the municipal Department of Construction Vu Quang Hung on February 20.
Earlier, on April 26, 2018, themunicipal People’s Committee, the Singapore Manufacturing Federation (SMF), andSakae Holdings Ltd., signed a memorandum of understanding on the introductionof Singaporean experts to help with the city’s master plan.
On December 3, 2018, in the officialdispatch No.1709/TTg-CN on the selection of advisers for the planning, thePrime Minister agreed for the work to be carried out in line with Article 26 ofthe 2013 Law on Bidding.
Later, on December 14 that year, onbehalf of the local authorities, the Management Board of Da Nang InfrastructureConstruction and Urban Development Projects signed a principal contract withthe two selected companies.
Accordingly, Sakae CorporateAdvisory – a subsidiary of Sakae Holdings Ltd., which offers corporate advisoryand strategic investor relations services – is set to assist Da Nang indesigning its economic development strategy toward 2030.
Meanwhile, the urban andinfrastructure development consultancy Surbana Jurong will take care of thecity’s master planning toward 2030 with a vision to 2050.–VNA
As a coastal city with considerable sea-related advantages, Da Nang has created breakthrough policies to boost its blue economy development associated with marine sovereignty safeguarding.
In 2019, the central city of Da Nang will strive to improve investment and business climate, ease difficulties facing the firms and create favourable conditions for their development, according to Da Nang authorities.
The central city of Da Nang is calling for investment to 14 public parking lots in a bid to serve the surging demand resulted in by a sharp increase of motorized vehicles.
In 2019, the central city of Da Nang will prioritise drawing foreign direct investment (FDI) in the fields of information technology, supporting industry, and high-quality services, especially in trade, tourism, logistics, healthcare, education, and high-tech agriculture.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Da Nang city (Photo: VNA) 
