Da Nang bolsters cooperation with BRG Group, Sumitomo Corporation Vietnam
Secretary of the Da Nang Party Committee Nguyen Van Quang and Chairman of the municipal People’s Committee Le Trung Chinh hosted a reception for leaders of the BRG Group and Sumitomo Corporation Vietnam on December 21.
Da Nang (VNA) –꧟ Secretary of the Da Nang PartyCommittee Nguyen Van Quang and Chairman of the municipal People’s Committee LeTrung Chinh hosted a reception for leaders of the BRG Group and SumitomoCorporation Vietnam on December 21.
The event was intended to define specific moves to realise the MoUs onproject development signed between Da Nang authorities andthe two corporations during Prime Minister Pham Minh Chinh’s official visit to Japanin November.
Chairman of the municipal People’s Committee Le Trung Chinh speaks at the event (Photo: danang.gov.vn)
At the reception, the Chairman of the Da Nang People’sCommittee informed his guests that Da Nang is calling for investment in its major projects andwilling to create optimal conditions for operation of the businesses. Local officials updated the guests on orientations and plans for the city's development as well as relevant legal regulations andinvestment incentives for urban infrastructure projects such as a logisticscentre, Lien Chieu port and Da Nang Hi-tech Park. For their part, BRG Group Chairwoman Nguyen Thi Nga and Chairmanand General Director of Sumitomo Corporation Vietnam Taniguchi Koichi highlyvalued information provided by Da Nang authorities, affirming that it serves asimportant foundation for them to devise investment proposals. The same day, representatives of the corporations paidfact-finding trips to Da Nang international airport, Lien Chieu port and DaNang Hi-tech Park./.
Da Nang city, a travel hub in central Vietnam, welcomed the first 500 MICE tourists on December 10 after a long social distancing period triggered by the COVID-19 resurgence.
The central city of Da Nang considers Thailand a promising market with experienced partners in the fields where it is calling for investment, heard an international seminar on trade – investment – tourism connectivity between Da Nang and Thailand held on December 14.
The central city of Da Nang city is piloting the installation of QR code display boards on street name posts across its Son Tra district to serve the need on searching information of residents and visitors.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At the event (Photo: baodanang.vn) 
Chairman of the municipal People’s Committee Le Trung Chinh speaks at the event (Photo: danang.gov.vn) 
