Danang

Why Da Nang Remains Attractive for Foreign Investors

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Vietnam Briefing examines why Da Nang remains an attractive investment hub for foreign investors, the city’s top growth drivers, and competitive industries.

Vietnam Encourages Further Singaporean Investments in Da Nang

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Vietnam is eager to encourage more Singapore investments into Da Nang city, as the city aims to be a socio-economic center in Southeast Asia.

Da Nang: Southeast Asia’s Next Startup Hub

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Da Nang is emerging as one of the fastest growing startup cities in Southeast Asia. Read more for a breakdown of investment trends and government programs.

City Spotlight: Investment Opportunities in Da Nang

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Da Nang is among Vietnam’s top locations for foreign investment. Learn which industries are primed for growth and understand how to best structure your setup to tap into these opportunities.

Da Nang Looks set to be the Singapore of Vietnam

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With its burgeoning technology and IT industries and its increasingly attractive business environment, Vietnam’s port of city of Da Nang is well on its way to accomplishing its goal of becoming the Singapore of Vietnam. Over the past five years, the city has undergone a building boom, spending US$4.5 billion on infrastructure projects. Additionally, for eight years in a row, the city has been top ranked in the Vietnam Provincial Competitiveness Index for the categories of good governance and business-friendly policies.

Vietnam Seeks to Boost Foreign Direct Investment (FDI)

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According to Vietnam’s Foreign Investment Agency, FDI approvals for the first 10 months of 2014 are 23.9 percent lower than the same period last year. However, capital disbursements by FDI enterprises have increased 5.9 percent year-on-year (YoY) to a total of US$10.15 billion.

Vietnam to Host 9th Vietnam-EU FTA Talks

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On September 22-26th, Vietnam’s coastal city of Da Nang will host the 9th round of Vietnam-EU free trade agreement (FTA) negotiations. It is hoped that the conclusion of the FTA agreement will allow Vietnam to further penetrate the EU market, as well as attracting further foreign direct investment into the Southeast Asian country.

Da Nang’s Dragon Bridge a Sign of New Financial Strength

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The city of Da Nang is fast becoming one of the premier destinations in Vietnam for both tourism and foreign direct investment. Seventeen years after the city became an independent municipality, Da Nang has become the third largest economic center and the main commercial and educational center of central Vietnam.

Da Nang Offers Massive Tax Incentives for Dutch Businesses

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Da Nang City is calling for foreign investment in its hi-tech park by promising attractive incentives.

Vietnam’s Regions and Key Economic Zones

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Vietnam is composed of 63 provinces and five centrally-governed cities, which stand on the same administrative level as provinces (namely Hanoi, Ho Chi Minh City, Can Tho, Da Nang and Hai Phong). The General Statistics Office of Vietnam further groups these provinces and cities into eight regions with three key economic zones.

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