Da Nang investment promotion forum 2022 slated for late June

Thứ Ba, 31/05/2022, 19:40

The centrally run city of Da Nang will host an investment promotion forum on June 25 to popularize its investment potential, advantages and opportunities among domestic and foreign businesses.

A panoramic view of Da Nang City.

A panoramic view of Da Nang City.

Approximately 600 delegates representing domestic and foreign businesses and organisations will attend the forum.

“The forum is also an opportunity for the city government to directly exchange views with businesses and investors about the goals and development potential of Da Nang,” said Ho Ky Minh, deputy head of the municipal government at a press briefing held on May 31.

“At the same time we would like to listen to businesses’ suggestions and recommendations in an attempt to improve the local investment and business environment to make it an attractive investment destination in Vietnam,” he said.  

The city is expected to announce a list of projects to call for local and foreign investment. It will make public an overall urban development plan, organize groundbreaking and inauguration ceremonies of several investment projects, and conduct fact-finding trips to major economic establishments.

Besides its investment promotion forum, it will host the 16th Asian Route development forum (Routes Asia 2022) from June 4-9 to promote and connect flight networks in Asia and the Pacific. 

Last year Da Nang licensed an additional 22 domestic investment projects with a total registered capital of nearly VND4,700 billion and approved 39 new foreign direct investment projects capitalized at nearly US$150 million.

VOV