Da Nang has been creating flexible policies, good environments
attracting foreign investors setting up company, building factory, and developing service
business.
Setting
up Business in Da Nang
Da Nang is a social and economic center of central area of Vietnam
with the role as the center of industry, trade and tourism and service. It is a
seaport city, an important transport hub for the transit of domestic and
international transportation. Presently, Da Nang has been rising as a
comprehensive and sustainability developing city.
With the advantages of geographical location, people and
nature, the leader of Da Nang is planning to build the
city becoming a major tourist center of the country, developing tourism
industry with entertainment centers and luxury resorts in Vietnam.
In practice, Da Nang has been
reducing administrative procedures, creating favorable conditions for
investors in obtaining certificate for investment. In the meantime, the
city also supports investors understanding the information and maintaining
direct dialogue mode with businesses leaders and managers in order to
promptly assist any difficulties encountered by investors in the
process of project implementation. Da Nang’s leaders are famous in being
proactive in providing the latest information about the law in
investment, especially information on the process of changing investment
certificate… to facilitate the investment plan of the investors whom are
investing in Da Nang. For investment projects in infrastructure
construction using ODA capital, the city has been quickly implemented the
clearance and compensation in time to hand over the project site to the
investors as planned.
To ensure the tourism environment and sustainable development, the
city focuses on attracting projects in high technology industry, supporting
industry and services with high added value i.e. information technology,
education, healthcare and logistics…, especially favouring clean and
quality projects rather than large projects but are likely to cause
environmental issues.
Along with economic development, Da Nang also has activities
and measures for environmental protection by investing in building projects to
protect and improve the environment such as: modernization the sewer and
wastewater treatment system (JICA), building east-west economic corridor (ADB)…
to ensure sustainable and long term development of the economy.
An important element for economic development is the local
security. Da Nang has done a great job in maintaining public security in
order to guarantee investors a stable and safe political, social environment
for investors.
It can be seen that Da Nang converges suitable elements and really
is a promising land for investors both domestic and international, to invest in
entertainment, real estate, tourism, IT, healthcare, education services.
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