Danang hi-tech park attracts nearly US$160 million investments

The Danang Hi-Tech Park has licensed seven projects with total investments of nearly US$160 million, according to the management board.
danang hi tech park attracts nearly us 160 million investments

These projects belong to both domestic and foreign investors like Danapha (US$68 million), Tokyo Keiki (US$40 million), and Niwa Foundry (US$30 million).

Doan Ngoc Hung Anh, deputy head of the management board, said the board is positively promoting the park to businesses from Japan and the Republic of Korea in order to attract more foreign investments in the coming time.

A meeting was held with businesses operating in the park on March 21 to get their comments and help them remove obstacles in their production and trading process.

Mr Hung Anh said the board pledged to create the best possible conditions for investors to operate effectively.

We have proposed the Municipal Department of Transport opening a BRT linking the city’s centre to the park to facilitate workers’ travelling, said Mr Hung Anh.

Source: VNA

Related News

Price stability from supply increase and transparency in trading in gold market

Price stability from supply increase and transparency in trading in gold market

VCN - To stabilize the gold market, economic expert Prof.Dr. Tran Tho Dat, a member of the Prime Minister's Economic Advisory Group, said that it is necessary to implement solutions to make all transactions transparent in the gold market, implement electronic invoices as well as pay taxes in gold investment activities.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial park successfully or not mainly depends on businesses, entrepreneurs - industrial park investors.
Improving legal framework, ensuring accessibility to green bonds

Improving legal framework, ensuring accessibility to green bonds

VCN - This is the recommendation of Mr. Nguyen Tung Anh (photo), Head of Credit Risk Research and Sustainable Financial Services (FiinRatings) in an interview with Customs Magazine reporters about green bond market development in Viet Nam.
Unlock capital flows and create favorable conditions for investors

Unlock capital flows and create favorable conditions for investors

VCN - Talking with the press, Dr. Ngo Cong Thanh (Photo), Provisional Executive Committee member of the Vietnam Industrial Park Finance Association (VIPFA), said that it is necessary to open up capital flows and create conditions for investors to access key factors. Facilitate production and business factors and innovate investment promotion activities to more effectively develop industrial parks.

Latest News

Foreign investment disbursement hits record high in the first four months

Foreign investment disbursement hits record high in the first four months

According to the report, foreign investment inflows into Việt Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion.
Vietnam textile and garment strives to increase the localization rate

Vietnam textile and garment strives to increase the localization rate

VCN - Increasing textile and garment export turnover and effectively take advantage of incentives from Free Trade Agreements (FTAs), the Vietnam Textile and Apparel Association (Vitas) determined that, in addition to greening, investment in development science, technology and human resources, an important solution is to attract investment in the industry's supply shortage, specifically high-tech weaving, dyeing and finishing projects in industrial parks.
Central Highlands needs to develop border gate economic zones for higher export

Central Highlands needs to develop border gate economic zones for higher export

According to the Trade Promotion Agency, the Central Highlands region, embracing five provinces of Kon Tum, Gia Lai, Đắk Lắk, Đắk Nông and Lâm Đồng, is an important strategic area in the Laos - Việt Nam - Cambodia development triangle area.
RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports

RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports

Vietnam’s agro-forestry-fishery exports to the Republic of Korea (RoK) have surged thanks to the bilateral Free Trade Agreement (VKFTA), topping 2 billion USD annually during 2016 - 2023, and the Northeast Asian country is forecast to remain an attractive market in the coming time.

More News

Developing a strong brand contributes to increased export revenue

Developing a strong brand contributes to increased export revenue

VCN – Mr. Hoang Minh Chien, Deputy Director of the Trade Promotion Agency (Ministry of Industry and Trade), shares insights on elevating core values in brand development.
Export turnover reaches over US$200 billion in the first half of April

Export turnover reaches over US$200 billion in the first half of April

VCN - As of April 15, Vietnam’s import-export turnover achieves US$208.94 billion, the General Department of Vietnam Customs releases.
Experts call for efforts in protecting IP rights

Experts call for efforts in protecting IP rights

Statistics reveal that there are over 5,720 OCOP entities with 978 products achieving 4-star, with 62 per cent benefiting from IP protection.
Policies needed to encourage e-commerce to embrace circular economy

Policies needed to encourage e-commerce to embrace circular economy

A recent report on plastic wastes from e-commerce by Việt Nam E-Commerce Association pointed out that e-commerce is growing rapidly with an average annual growth rate of more than 25 per cent, resulting in an increase in the use of plastic packaging which are negatively affecting the environment.
To maintain its billion-dollar export position, forestry and fisheries enterprises propose additional credit limits

To maintain its billion-dollar export position, forestry and fisheries enterprises propose additional credit limits

VCN - Implementing a preferential credit program for the forestry and fisheries sectors is considered one of the practical and effective solutions for these two industries to continue their billion-dollar export target.
Efforts to supply US $ one billion of raw materials and cosmetics to replace imported goods

Efforts to supply US $ one billion of raw materials and cosmetics to replace imported goods

VCN - Dr. Nguyen Van Minh, Vice President of the Vietnam Aromatherapy - Essential Oils - Cosmetics Association (VOCA) shared with Customs Magazine the limitations in exploiting precious raw materials used for Vietnam's cosmetic production and the activities being implemented to develop this potential economic sector.
Ample room for Quang Ninh to attract FDI

Ample room for Quang Ninh to attract FDI

The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Vietnam’s rice exports may exceed 2024 target

Vietnam’s rice exports may exceed 2024 target

With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Opportunity for exporting to Thailand market

Opportunity for exporting to Thailand market

VCN - Thailand and Vietnam strive to achieve the goal of US$25 billion in bilateral trade by 2025.
Read More

Your care

Latest Most read
Foreign investment disbursement hits record high in the first four months

Foreign investment disbursement hits record high in the first four months

According to the report, foreign investment inflows into Việt Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion.
Vietnam textile and garment strives to increase the localization rate

Vietnam textile and garment strives to increase the localization rate

VCN - Increasing textile and garment export turnover and effectively take advantage of incentives from Free Trade Agreements (FTAs), the Vietnam Textile and Apparel Association (Vitas) determined that, in addition to greening, investment in development sc
Central Highlands needs to develop border gate economic zones for higher export

Central Highlands needs to develop border gate economic zones for higher export

According to the Trade Promotion Agency, the Central Highlands region, embracing five provinces of Kon Tum, Gia Lai, Đắk Lắk, Đắk Nông and Lâm Đồng, is an important strategic area in the Laos - Việt Nam - Cambodia development triangle area.
RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports

RoK burgeoning market for Vietnam’s agro-forestry-fisheries exports

Vietnam’s agro-forestry-fishery exports to the Republic of Korea (RoK) have surged thanks to the bilateral Free Trade Agreement (VKFTA), topping 2 billion USD annually during 2016 - 2023, and the Northeast Asian country is forecast to remain an attractive market in the coming time.
Developing a strong brand contributes to increased export revenue

Developing a strong brand contributes to increased export revenue

VCN – Mr. Hoang Minh Chien, Deputy Director of the Trade Promotion Agency (Ministry of Industry and Trade), shares insights on elevating core values in brand development.
Mobile Version