Da Nang has 144 Chinese-invested projects worth more than US$820 million

VOV.VN - Vietnam’s central city of Da Nang currently maintains cooperative ties with five Chinese localities and hosts 144 Chinese investment projects with implemented capital exceeding US$820 million.

da nang attracts 144 chinese investment projects worth over us 820 million picture 1 — Secretary of the Da Nang municipal Party Committee Le Ngoc Quang (right) meets with Zhang Jun, First-Rank Grand Justice and President of China’s Supreme People’s Court.

Speaking at a meeting on October 11 with Zhang Jun, Grand Judge of the First Rank and President of the Supreme People's Court of China, who was attending the 4th ASEAN-China Justice Forum in Da Nang, Secretary of the Da Nang municipal Party Committee Le Ngoc Quang briefed the guest on the city's development orientation,.

Quang noted that Da Nang features two airports, four seaports, an international financial center, and a free trade zone, aiming to become a high-tech industrial hub and a new growth pole for Vietnam. The city is actively offering incentives to attract investment in information technology, artificial intelligence, blockchain, and semiconductors.

On bilateral cooperation, Chinese investment projects in Da Nang span manufacturing, construction, garments, tourism, and services. Around 30 local enterprises conduct regular trade with Chinese partners. In tourism, the city is set to welcome over 8 million international visitors this year, including more than half a million from China.

da nang attracts 144 chinese investment projects worth over us 820 million picture 2 — Da Nang city leaders and the delegation from China’s Supreme People’s Court pose for a group photo.

Expressing delight at the thriving Vietnam-China comprehensive strategic cooperative partnership, Quang welcomed more Chinese enterprises to invest in industry, tourism, services, and trade. He affirmed the city’s commitment to facilitating long-term business operations and expressed interest in cooperating with China on digital technology applications for urban governance, infrastructure, and public administration.

"Da Nang hopes the Supreme People's Court of China will create favorable conditions to strengthen exchanges and share China's experience in judicial reform and the application of digital technology in judicial operations and administration," Quang stated.

For his part, President Zhang Jun thanked Da Nang authorities for their warm hospitality and close coordination as the host city for the 4th ASEAN-China Justice Forum. He expressed confidence that the forum's outcomes will help deepen effective ASEAN-China cooperation in economic field and people-to-people exchanges.

Impressed by Da Nang’s development and scenery, Zhang affirmed that the Supreme People's Court of China stands ready to share experience and bolster judicial cooperation with Vietnam and Da Nang specifically, contributing to socio-economic growth and investment attraction.

Vietnam International Financial Centre in Da Nang ranks 71st globally

The Vietnam International Financial Centre in Da Nang (VIFC-DN) has been placed 71st among 117 financial centres worldwide in the latest Global Financial Centres Index (GFCI).