Advantages of foreign investment in Da Nang city

1. Da Nang is located in a strategic location

Da Nang is in the middle of the country, 759km from Hanoi and 960km from Ho Chi Minh City, located on the North-South traffic axis by road (National Highway 1A), railway, sea, and air; It borders Thua Thien-Hue to the north, Quang Nam province to the south and west, and the East Sea to the east.

With abundant economic potential, Da Nang is identified as a city that plays the role of the growth nucleus for the Central Key Economic Region, creating a driving force for the development of the Central region and the Central Highlands.

The port of Da Nang is the eastern terminus of the East-West Economic Corridor (EWEC), which serves as the gateway to the Pacific Ocean and the hinterland's import-export port with the untapped hinterland potential in Laos. , Northeast Thailand, Myanmar, and Central Vietnam. This is a significant advantage, creating favorable conditions for Da Nang to expand economic exchanges with regional countries.

Da Nang is located in the center of the World Heritage Road, 1500km long, stretching along the Central Sea; visitors can quickly and conveniently access four of the seven world heritage sites in Vietnam, including Hoi An Ancient Town, My Son Sanctuary, Phong Nha-Ke Bang National Park and Hue Ancient Capital.

2. Relatively developed and synchronous infrastructure:

• Da Nang International Airport is located in the center, convenient for moving.

• Da Nang Port is a modernly equipped container port in the Central region

• Danang Railway Station

• The road transport system is invested and developed compared to other provinces; the road traffic system in Da Nang can be considered a strength of the City.

• Telecommunication system: APG and SEMEWE 3 international undersea fiber optic cable stations with a total capacity of 80Gbps connecting Vietnam with nearly 40 countries in Asia and Europe.

• Industrial zones: Da Nang has 06 industrial parks in operation (1066.53 ha, occupancy rate 86%), including Hoa Khanh Industrial Park, Lien Chieu Industrial Park, Hoa Cam Industrial Park, Hoa Khanh Expanded Science Park, and Industrial Park. Seafood services and Da Nang Industrial Park. Currently, 03 IPs are calling for investment: Hoa Ninh Industrial Park (400ha), Hoa Nhon Industrial Park (360ha), and Hoa Cam Expanded Industrial Park (120ha). In addition, there is also 01 High Tech Park.

Danang Dragon Bridge

3. High-quality human resources

Da Nang has 12 universities, 21 colleges, and 64 vocational centers/training institutions. Da Nang is considered the education and training center of the central region with diversified and synchronous education and training services. The annual number of graduates is about 64,800 students.

4. Living environment and rich tourism potential:

Da Nang is recognized as one of the cleanest cities in Vietnam. Life in the city is peaceful, pleasant, and close to nature. Da Nang is trying to become an environmental city by implementing solutions to increase the area of ​​​​green trees and public spaces.

The cost of living in Da Nang is only average compared to other big cities in Vietnam.

Da Nang has many attractive tourist attractions, constantly improving tourist facilities, meeting international standards, and serving the diverse tastes of visitors. Many international standard resorts are managed with high-class brands such as Hyatt, InterContinental, Novotel... Da Nang beach is one of the most attractive beaches on the planet, according to Forbes magazine in 2005.

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