From institutional preparation
According to a report by the Da Nang City People's Committee sent to the Government in early August, the Da Nang City Party Committee has approved a key development list for the 2026-2030 period including 36 programs, projects and 35 public investment projects, 26 private-sector investment projects and 15 public-private partnership (PPP) projects. On that basis, Da Nang city is synchronously deploying the Free Trade Zone, the International Financial Center and connecting infrastructure network to realize double-digit growth goals.
At the same time, this locality is also accelerating the progress of completing inter-regional traffic routes to connect freight transport between Lien Chieu Port, Da Nang International Airport and functional areas belonging to the Free Trade Zone. In which, the Government has directed Da Nang city to focus resources on building technical infrastructure, digital infrastructure and social infrastructure to serve the International Financial Center. Data centers, international fiber optic connection networks and high-quality educational and medical facilities are prioritized by the city to be completed to be ready to receive global capital flows.
In mid-July, Chairman of Da Nang City People's Committee Nguyen Manh Hung issued a decision announcing 34 administrative procedures amended and supplemented in the field of import and export. The decision assigned the Management Board of Da Nang High-Tech Park and Industrial Parks to directly implement the issuance of Certificates of Origin for goods produced in functional areas. The application of the "one-stop shop, on-site" mechanism helps businesses minimize time and compliance costs.
To product, service and logistics center
In the first 6 months of the year, Da Nang city approved the investment policy for 3 functional area infrastructure projects at locations No. 2, No. 3 and No. 4 of the Free Trade Zone with a total scale of 910 ha, total investment capital of more than 15,000 billion VND, expected to be completed in the period 2026 - 2030. In which, Phuong Trang Investment Joint Stock Company undertakes a project with a scale of 500 ha in Hai Van ward with a total capital of more than 8,119 billion VND. Thanh Binh Phu My Joint Stock Company invests in a project with a scale of 335 ha in Ba Na commune with a total capital of 5,338 billion VND.
To operate new economic pillars, the city is urgently preparing high-quality human resources accordingly. The requirement is to form a team of financial experts, asset managers and in-depth data analysts; technical forces, supply chain management for the Free Trade Zone; and thousands of engineers in the field of semiconductor microchips and artificial intelligence.
Chairman of Da Nang City People's Committee Nguyen Manh Hung said: "Da Nang Free Trade Zone is identified as playing a particularly important role, not only as an economic development area but also a new institutional space, a new growth engine and a gateway connecting Da Nang with global production, trade and logistics chains. For the business community and investors, the city is committed to always accompanying and creating the most favorable conditions for projects to be implemented quickly, effectively and sustainably".
In 2026, Da Nang will start construction of the Free Trade Zone infrastructure at location No. 2 on the occasion of National Day September 2nd, put into operation the financial center management framework, and urgently complete the shared infrastructure and the coastal road connecting Lien Chieu Port. When put into operation, this series of key projects will directly transform policy incentives into real cash flow for the locality.
