Vice Chairman of the National Assembly of Laos Bounpone Bouttanavong (L) and Secretary of the Da Nang Party Committee Truong Quang Nghia (Photo: VNA) Da Nang (VNA) - Vice Chairman of the National Assembly of Laos Bounpone Bouttanavong paid a working trip to the central coastal city of Da Nang on August 21, as part of his Vietnam visit from August 19 – 24. At a reception for the Lao guest, Secretary of the municipal Party Committee Truong Quang Nghia made known the city’s socio-economic performance, its policies for tourism, high-tech agriculture and health services. He said Da Nang has so far signed cooperation agreements with five Lao localities, and offered an aid of nearly 100 billion VND (4.34 million USD) to them. The host expressed his wish that leaders of the Lao legislature would continue helping firms and localities foster ties with Da Nang counterparts, contributing to each side’s socio-economic development. Bouttanavong, for his … [Read more...] about Lao NA Vice Chairman visits Da Nang
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Da Nang: Non Nuoc stone carving village to be expanded
At the Non Nuoc stone carving village (Photo: nguhanhsondn.com) Da Nang (VNA) – The central coastal city of Da Nang will splash out nearly 45 billion VND (1.9 million USD) to expand Non Nuoc stone carving village from 2019-2022, aiming to preserve the traditional craft and create a highlight in the city’s tourism map. The village will be built on 68,160 square metres in Hoa Hai ward, Ngu Hanh Son district, with all stone carving establishments having comprehensive infrastructure and meeting production safety standards. In long term, if the establishments ask for more land for production, local authorities will draw a master plan to move their production to industrial parks or industrial complexes to protect the environment. The village’s management board was asked to work with competent authorities to arrange local establishments in the village. Apart from its stunning beaches and breathtaking landscapes, Da Nang boasts the unique craft village to the south of … [Read more...] about Da Nang: Non Nuoc stone carving village to be expanded
Da Nang emerges as favourite destination for Japanese investors
Illustrative image (Photo: VNA) Da Nang (VNA) – After lagging behind other provinces and cities nationwide in attracting Japanese investment, the central city of Da Nang has emerged as a popular destination for investors from the Land of the Rising Sun. Statistics released by the municipal Department of Planning and Investment showed that Japan investors have to date poured more than 950 million USD in 194 projects, ranking first among over 40 countries and territories investing in the city. According to Vice Chairman of the Da Nang People’s Committee Le Trung Chinh, Japan has been a leading foreign investor in Da Nang in the number of projects. Japanese firms have greatly contributed to the city’s economic development, creating jobs for about 30,000 workers in Da Nang and neighbouring localities. The city has huge demand for high quality accommodation and tourism services, he added. Japan’s Mikazuki Group recently announced its investment worth 50 million … [Read more...] about Da Nang emerges as favourite destination for Japanese investors
Da Nang aims to become sea-based economic hub
Illustrative image (Photo: VNA) Da Nang (VNA) – As a coastal city with considerable sea-related advantages, Da Nang is carrying out an action programme to boost development of blue economy, targeting to turn itself into sea-based economic hub in the future. The move is part of the city’s efforts to concretise the national sustainable maritime economic development strategy towards 2030 with vision until 2045, which was adopted at the 8th meeting of the 12th Central Committee of the Communist Party of Vietnam. Under its action programme, Da Nang is targeting a 10 percent contribution by the sea-based economic sectors to the city’s gross regional domestic product (GRDP) by 2025, and 15 percent by 2030. The sectors must develop sustainably in line with international standards, and have good control of natural resource exploitation. According to the municipal Party Committee, developing the sea-based economy in a sustainable manner is the right and responsibility of … [Read more...] about Da Nang aims to become sea-based economic hub
Da Nang forum looks to boost Vietnam-Indonesia economic ties
Participants in the Vietnam-Indonesia trade, tourism and invesment promotion forum in Da Nang city (Photo: laodong.vn) Hanoi (VNA) – A forum has been held in the central city of Da Nang to seek ways to bolster trade, investment and tourism links between Vietnam and Indonesia. The two countries set up the strategic partnership in June 2013. Indonesia is currently the fourth biggest trade partner of Vietnam in the Association of Southeast Asian Nations (ASEAN). It is also known as an open market with great attractiveness to Vietnamese businesses. Addressing the forum on August 5, Vice Chairman of the Da Nang People’s Committee Ho Ky Minh said over the past years, the city has issued preferential policies and mechanisms to attract investment, promote trade and expand economic exchange with foreign partners. As a result, it has obtained considerable achievements, including the continuously improved investment climate and competitiveness. Da Nang has topped the … [Read more...] about Da Nang forum looks to boost Vietnam-Indonesia economic ties