Investment
Da Nang calls for more domestic and foreign investors
Chairman of the Da Nang City People’s Committee Huynh Duc Tho has called on enterprises and investors both at home and overseas to have open conversations with the city’s government about investment cooperation opportunities.
The city is always willing to listen to and stand side by side with businesses, Tho said in a meeting to mark Vietnam Entrepreneurs’ Day. According to the chairman, enterprises are a driving force of the economic growth amid the global integration; hence improving their capacity continues to be the city’s key task.
Local authorities have provided all possible conditions and support for companies and investors to do business in the city, particularly in terms of administrative reform, he noted.
The central city has organised a number of government-business meetings and carried out projects to support the development of startups by 2020, receiving positive responses from enterprises and business associations.
Foreign companies contributed approximately 21 trillion VND, or about 39 percent, to the city’s Gross Regional Domestic Product (GRDP) and created nearly 70 percent of the local jobs last year.
Tho revealed that a business event gathering over 1,000 leading businessmen and senior officials from Vietnam and other countries will be held during the APEC Economic Leaders’ Week from November 6-11.
