According to the Management Board of Da Nang High-Tech Park and Industrial Parks, in the context of the strong development of the 4.0 Industrial Revolution and the implementation of the Party and Government's policy on breakthroughs in the development of science, technology, innovation and national digital transformation (according to Resolution No. 57-NQ/TW dated December 22, 2024 of the Politburo), Da Nang has pioneered the construction of the first Smart Free Trade Zone in Vietnam.
According to the Management Board of Da Nang High-Tech Park and Industrial Zones, this Smart FTZ Model is completely consistent with the national development policies and orientations, especially Resolution 57-NQ/TW.
Notably, the Management Board of Da Nang High-Tech Park and Industrial Zones analyzed that a smart FTZ is not only a place to apply technology but an integrated ecosystem, where data, connection and automation promote efficiency and innovation in all aspects such as smart planning and design, smart infrastructure and connection, smart operations and management, smart services and ecosystems.
Architect Vu Quang Hung - Head of the Management Board of Da Nang High-Tech Park and Industrial Parks - analyzed that the Free Trade Zone is an area adjacent to the port.
In particular, goods that can be stored for a long time without being subject to customs duties or special consumption tax are always guaranteed to be paid for inventory.
The Free Trade Zone does not limit the time for storage, sale, exhibition, dismantling, packaging, assembling, distributing, selecting, classifying, cleaning, combined with foreign or domestic goods, destroying, labeling and producing right in this Zone.
According to Mr. Vu Quang Hung, with Da Nang's current strategic location, it has both a deep-water seaport, an international airport; a maritime border area, a road border and the end point of the East-West Economic Corridor... Foreign businesses and investors can bring goods, organize production, prepare, package, and label before exporting to another country or then bring them inland to Vietnam, which is a great advantage.
At the announcement ceremony of the Prime Minister's Decision on the establishment of the Da Nang Free Trade Zone on June 22, 2025, Mr. Le Ngoc Lam - General Director of BIDV - informed that the enterprise committed to mobilizing maximum financial, human and technological resources. Thereby, contributing to the development and successful operation of the Da Nang Free Trade Zone, comprehensively demonstrated in the fields of investment attraction, financial technology and ESG practices.
The enterprise will actively coordinate with the city government in areas that have a great impact on the operation of the Free Trade Zone, including the role of a bridge between domestic investors, foreign investors and the city government, through the provision of flexible financial products, interest rate incentives, and specialized investment support services.
"The enterprise has also announced a preferential policy framework for investors in the Da Nang Free Trade Zone with specialized service flows, streamlined procedures, short-term, medium-term credit incentives as well as product and service policies to comprehensively meet the production and business needs of domestic and foreign investors" - Mr. Le Ngoc Lam - General Director of BIDV emphasized.
