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UK’s Financial Times praises Vietnam’s preparations for APEC 2017

The UK’s Financial Times on November 8 published an article lauding preparations for the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week by Vietnam and the central city of Da Nang.
UK’s Financial Times praises Vietnam’s preparations for APEC 2017 ảnh 1 A corner of Da Nang city (Source: VNA)
London (VNA) – The UK’s Financial Times on November 8 published an articlelauding preparations for the Asia-Pacific Economic Cooperation (APEC) EconomicLeaders’ Week by Vietnam and the central city of Da Nang in particular. 

Thearticle quoted Vice Chairman of the municipal People’s Committee Nguyen NgocTuan as saying that this is the biggestdiplomatic event of Vietnam in 2017 and the biggest international event everorganised in Da Nang.

However, the weather ahead of the meeting was inauspiciousbecause typhoon Damrey in recent days has battered southern and centralVietnam, causing heavy rains and flooding in Da Nang and the rest of theregion.

Nguyen Tien Quang, Director of the Da Nang chapter of theVietnam Chamber of Commerce and Industry, said this is a golden opportunity forDa Nang and there will not be so many opportunities again for the city to host delegationsand national leaders like Presidents Donald Trump and Vladimir Putin, andleaders of big corporations.

To prepare, Da Nang in May inaugurated a new internationalairport terminal, and has invested millions of USD in roads and tunnels meantto ease the traffic. Some 400 black limousines and white minibuses are linedalong the city’s riverfront to transport delegates and businesspeople fromAlibaba, Pfizer, Facebook and Airbnb, it said.

According to the article, Da Nang’s name is associated withsome of the darkest chapters of America’s war in Indochina when the US used itsair base there to store Agent Orange, the defoliant chemical blamed for causingcancer, birth defects and other health problems among large numbers ofVietnamese civilians.

Now the city is hoping to make its name as an efficient andorderly regional hub with tidy infrastructure and clean streets, which themunicipal officials strive to keep clear of beggars, homeless people and drugusers under a programme that provincial authorities call the “five yeses andthree nos”.

The city welcomes around 6 million visitors each year, 1.5million of them are foreigners.

It said Da Nang has some way to go to catch up with Ho ChiMinh City and Hanoi in attracting businesses.

According to the VCCI’s municipal chapter, the city has attractedsome 3 billion USD in foreign investment in about 400 projects to date.However, the city has thus far failed to attract many top-drawer investors.-VNA
VNA

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