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Da Nang grants 60 new FDI projects

Việt NamViệt Nam24/11/2024


Da Nang City attracted more than 210 million USD in FDI capital, of which 60 new projects were granted; bringing the total number of FDI projects in the City to 1,012 projects, with a total investment capital of nearly 4.55 billion USD.

According to the Department of Planning and Investment of Da Nang, by the end of October 2024, the city had attracted 210.055 million USD in FDI capital. Of which, 60 new projects were granted with registered capital of 203.684 million USD.

These new projects bring the total number of FDI projects in Da Nang to 1,012, with a total investment capital of nearly 4.55 billion USD. In addition, there are currently 40,984 enterprises, branches and representative offices operating in Da Nang with a total registered capital of 255,4623 billion VND.

Da Nang City also attracted VND34,694.60 billion in domestic investment capital. Of which, newly issued Investment Policy Decisions and Investment Registration Certificates for 8 projects with a total investment capital of VND26,945 billion; issued adjusted Investment Policy Approval Decisions/Investment Registration Certificates for 6 projects with a total additional capital of VND7,749 billion.

Up to now, Da Nang City has 380 domestic and foreign investment projects in industrial parks, high-tech parks and information technology parks with a total investment capital of VND 224,044 billion.

At the same time, there are 399 domestic projects located in industrial parks, high-tech parks and information technology parks with an investment capital of VND34,780 billion.

Da Nang City has welcomed a large investment flow from FDI enterprises in 2024.

According to the Department of Planning and Investment of Da Nang, the City has synchronously and drastically implemented Resolution No. 02/NQ-CP of the Government on key tasks and solutions to improve the business environment and enhance national competitiveness.

In particular, Da Nang focuses on implementing the Da Nang City Planning for the period 2021-2030, with a vision to 2050, approved by the Prime Minister.

Focus on removing difficulties and obstacles, speeding up procedures, implementing key, large-scale, dynamic projects; implementing procedures to remove projects to free up resources according to the Project "Plan to remove difficulties and obstacles related to projects".

Da Nang City has also actively implemented the activities of the Inter-sectoral Working Group on Investment Promotion and Support, reviewing and synthesizing difficulties and obstacles of projects being promoted and supported for investment in the city.

In addition, Da Nang also has many groups of policies to support businesses, including policies to support businesses issued by the Central Government and the city's own support policies. Up to now, the city has 15 policies to support businesses.

Da Nang City has stepped up investment promotion activities; prioritizing the attraction of high-tech industries, focusing on semiconductor design technology, artificial intelligence technology, big data technology, digital technology, etc., to anticipate the flow of foreign direct investment shifting to Vietnam.


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