Informing the press on the morning of March 4, the People's Committee of Da Nang City said that this important event is within the framework of the working program in Singapore of the Da Nang City Working Group led by Member of the Party Central Committee, Secretary of the City Party Committee, Head of the Da Nang City National Assembly Delegation - Nguyen Van Quang.
The forum was chaired by Da Nang City Party Secretary Nguyen Van Quang, with the participation of Vietnamese Ambassador to Singapore Tran Phuoc Anh and more than 150 delegates who are senior leaders from banks, investment funds, logistics companies, seaports, industrial parks, tourism and services.
The goal of the forum is to introduce the potential and investment opportunities in key projects of Da Nang, including the International Financial Center, the Free Trade Zone and Lien Chieu International Seaport. At the same time, the forum also creates opportunities to receive comments and recommendations from investors and businesses, in order to effectively and successfully implement projects in the future.
Speaking at the forum, the Secretary of the Da Nang City Party Committee emphasized the city's advantages in strategic geographical location, modern urban infrastructure, high-quality young human resources, the title of "most livable city in Vietnam" and being a leading tourist destination in Southeast Asia. Da Nang sets a goal of becoming a green, smart city, a center for science, technology, innovation and digital transformation of the country and the region by 2030. New development models such as the International Financial Center, Free Trade Zone and Lien Chieu Seaport are expected to create strong growth momentum, making Da Nang an international trade, service and technology center, having a widespread impact on the socio-economic situation of the Central - Central Highlands region and the whole country, and at the same time being an important link connecting the East - West Economic Corridor, the Asia - Pacific region and the whole world.
Vietnamese Ambassador to Singapore Tran Phuoc Anh highly appreciated Da Nang's efforts in organizing an investment forum, affirming that this is a testament to the strong development of the Vietnam - Singapore cooperation relationship. The Ambassador believes that Da Nang is an attractive investment destination and is committed to continuing to support the city in connecting with Singaporean businesses and investors.
At the discussion session chaired by Dr. Chua Hak Bin (Maybank), Secretary of the City Party Committee Nguyen Van Quang discussed in detail with investors about the Da Nang International Financial Center model, focusing on advantages, key areas, capital control policies, exchange rates, dispute resolution mechanisms and tax incentives. Da Nang International Financial Center will focus on international finance (including commercial finance and green finance), innovation of financial technology, commodity exchanges and investment support services, and business development. Vietnam has a policy of applying open financial policies to international financial centers, and Da Nang is coordinating with ministries and branches to build a suitable legal framework, creating favorable conditions for investors. The city also focuses on building high-quality human resources, attracting overseas Vietnamese experts.
Da Nang is a locality piloted to build a Free Trade Zone, with advantages in geographical location, connecting the East - West Economic Corridor, Lien Chieu Seaport and Financial Center, helping to participate deeply in the global supply chain. The Da Nang Free Trade Zone will operate according to a multi-functional model, aiming at high technology and innovation.
The 2025 Da Nang Investment Forum in Singapore also opens up new opportunities for cooperation between Singaporean and Da Nang businesses and investors, while helping the city perfect its development strategy, policy mechanisms for the International Financial Center and other key projects.
