Building on the achievements of “The Year of Promoting Investment Attraction 2019”, the central city of Da Nang is taking key measures to draw more investment this year.
Da Nang (VNA) – Building on the achievements of“The Year of Promoting Investment Attraction 2019”, the central city of Da Nangis taking key measures to draw more investment this year.
Accordingly, Da Nang will effectively realise its masterplan till 2030 with a vision to 2045, complete procedures to hold land auctionsfor projects in the fields of health care, education, trade and services duringthe first quarter of next year.
The city will also call for domestic and foreign investment tohigh-tech, industrial and smart urban areas.
Chief of the Office of the municipal Department of Planningand Investment Tran Van Hoang said as of the late November, the department had consultedwith the municipal People’s Committee about the licensing of nine projectsworth over 8.8 trillion VND (382.6 million USD).
Da Nang has so far lured additional 689.3 million USD inforeign direct investment (FDI).
As of November 31, the city has been home to 812 FDIprojects with a total registered capital of over 3.47 billion USD.
As part of the efforts to improve the business climate, localauthorities will promptly remove obstacles faced by businesses and seekpromising and strategic investors specialised in precision engineering,automation, information technology, support industry and quality services ineducation, health care, tourism, trade and logistics./.
The central city of Da Nang has decided to select 2014 as its Entrepreneurship Year. This is one of the solutions to ease enterprises’ difficulties and also a key measure for the city to achieve GDP growth of 9 to 9.5 percent this year.
As it prepares to host the 2017 APEC Summit, Da Nang is hoping a business convention in September will help it bolster its already-strong record of attracting foreign and domestic investment.
US firms have inked three memoranda of understanding (MoU) on investment in hi-tech and information technology in the central city of Da Nang during a recent working trip to the US and Canada by Chairman of the municipal People’s Committee Huynh Duc Tho.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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.
In Da Nang city (Photo: VNA) 
