Da Nang’s adjusted planning draws investors’ interest
Eleven large corporations have registered to study investment in areas under Da Nang’s newly-adjusted planning just after the central city announced information on its adjusted planning by 2030 with vision until 2045 at a ceremony on March 29.
Da Nang (VNA) – Eleven large corporations have registered to study investmentin areas under Da Nang’s newly-adjusted planning just after the central cityannounced information on its adjusted planning by 2030 with vision until 2045 ata ceremony on March 29.
Chairman of Imex Pan Pacific (IPP) Group Johnathan Hanh Nguyen said that hiscorporation has a plan to pour more than 8 billion USD in numerous projects in thecity, with the highlight being a regional financial centre in Son Tra district.
Nguyen said IPP has nurtured an ambition to build a financial centre in Vietnamsince 2016, and with the city’s planning, the group now has a chance to makeits dream come true.
He said in the past five years, his firm has made meticulous preparation forconstruction of such centre, including finance, human resources, and connectionwith financial powers in the world.
Other investors like Phat Dat Real Estate Development Corporation, and SunGroup expressed their interest in building free duty areas, urban areas, andgolf courses in Hoa Tien and Hoa Chau districts, and Suon Doi urban area.
However, they said they were worried about sudden surge in land pricesfollowing the announcement of the planning adjustments, as well as challengesin compensation and site clearance.
Chairman of the municipal People’s Committee Le Trung Chinh pledged to create thebest possible conditions for investors, saying he has ordered the Department ofConstruction to join hands with competent departments to pen specificinvestment criteria for each area.
“I guaranteed that investment attraction will be carried out in a transparentand public manner, with local residents’ interest being the top priority”, headded./.
Prime Minister Nguyen Xuan Phuc has issued Decision No. 359/QD-TTg approving adjustments to the master plan of central Da Nang city by 2030 with a vision to 2045.
A joint domestic tourism stimulus programme has been announced by the Da Nang Department of Tourism in coordination with three localities in the central region.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
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.
A corner of Da Nang city (Photo: VNA) 
