An investment proposal of database centre project has been approved by the Da Nang Hi-Tech Park and Industrial Zones Authority (HPIZA), marking the first of its kind in the central city’s Hi-tech Park in 2025.
The KP Aerospace Vietnam company from the Republic of Korea (RoK) officially opened a factory at the Da Nang Hi-Tech Park after 10 months of construction, marking the second aerospace industry project in the city.
The Da Nang People’s Committee has recently issued a decision to establish the Hoa Lien Industrial Cluster, spanning over 58.53 hectares, based on the technical infrastructure of the auxiliary area supporting the Da Nang Hi-Tech Park project.
Some potential investors are exploring investment chances in central Da Nang city, and its Hi-Tech Park and Industrial Zones Authority (DHPIZA) hopes that 50% of those FDI businesses will invest in the local semiconductor industry this year.
The central city of Da Nang has called for cooperation and investment programmes from Intel, Marvell Technology Group and Synopsys in building the city into a global semiconductor manufacturing centre.
The central city of Da Nang is working to build a business environment conducive for investors, based on the pillars of hi-tech industry, tourism and sea-based economy.
A group of 30 pharmaceutical production companies from India plans to build the first Pharma Park in Vietnam, and Da Nang city’s Hi-tech Park has been suggested as a prime location.
The central city of Da Nang on February 23 granted investment licences to six investment projects in local Hi-Tech Park and industrial parks, including three foreign-invested projects.
The central city of Da Nang has set a goal of developing supporting industries in tandem with high-tech industry to create products with high added value for export.
The Da Nang Hi-Tech Park and Industrial Zones Authority (DHPIZA) has offered bidding documents for preliminary selection of investors for infrastructure development of three industrial zones in 2020-2023.
As foreign direct investment (FDI) capital has been a major driver for development in the central coastal city of Da Nang, the city is working to attract more FDI.
The central city of Da Nang has introduced a number of open-door policies to lure investors in 2018, which has been set by the city as a year of investment attraction.
Experiences in building high-tech parks in Vietnam and other countries were shared at a workshop on July 23 with a view to seeking development orientation for the Da Nang Hi-tech Park in the central city of Da Nang.
Yamato Sewing Machine Manufacturing Company from Japan plans to build a factory in Da Nang Hi-Tech Park providing sewing machines, spare parts and accessories as well as automotive equipment in sewing industry.
Representatives from about 30 French enterprises participated in a seminar introducing investment opportunities in the hi-tech park in the central city of Da Nang held in Paris on September 11.
The central city of Da Nang expects to attract at least 10 investment projects into its hi-tech park by 2020, including at least one major project of a multinational hi-tech company.
