Investors want to continuously pour capital into Da Nang Free Trade Zone

Thu Giang |

Da Nang - Many strategic investors are ready to pour large capital into the Free Trade Zone (FTZ) project.

Information from the Management Board of Da Nang High-Tech Park and Industrial Parks, established under Resolution 136/2024/QH15 and Decision 1142/QD-TTg of the Government, the Da Nang FTZ model will enjoy outstanding special mechanisms and policies, specifically designed to create an attractive and internationally competitive investment environment for investors in the project such as special investment procedures, tax and customs incentives, land incentives...

Many economic experts commented that the Prime Minister's Decision to establish the Da Nang Free Trade Zone has opened a new development stage for Da Nang as a series of strategic investors want to pour continuous capital into this project.

Right at the Prime Minister's Decision Announcement Ceremony on the establishment of Da Nang Free Trade Zone on June 22, 2025, 8 strategic investors were granted memorandums of understanding on investment in the project by the city.

Here, Da Nang City also granted a notice allowing the project investment study to 4 investors, Amata Vietnam Public Joint Stock Company, Green Ipark Joint Stock Company, Quoc Quang Power Company Limited, and Chau Au Plastic Joint Stock Company.

Notably, the Da Nang Free Trade Zone has functional areas such as production, logistics, trade - services, digital technology industry, innovation and other types of functional areas as prescribed by law.

When associated with the International Financial Center, the Free Trade Zone will make Da Nang a high-quality service center, creating a driving force to spread to the Central - Central Highlands region and the whole country, becoming an important link connecting the East - West Economic Corridor, the Asia - Pacific region and globally.

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The map is expected to propose locations to form the Da Nang Free Trade Zone. Photo: Da Nang City People's Committee

Also at the announcement ceremony, Deputy Prime Minister Nguyen Hoa Binh affirmed that the Central Government has paid special attention to Da Nang, with specific and outstanding resolutions and mechanisms.

After merging with Quang Nam, the new Da Nang will own many other surfaces and potential such as Chu Lai, Tam Ky, and coastal areas. Specific mechanisms and policies combined with new space will help increase the scale of Da Nang's economy, connecting with world economic centers.

According to Da Nang City Party Secretary Nguyen Van Quang, after the Prime Minister decided to establish the Free Trade Zone, Da Nang immediately implemented procedures according to regulations on planning, land, and connecting infrastructure to promptly meet investors' requirements.

Thereby, selecting strategic investors to invest in the infrastructure of the Da Nang Free Trade Zone in accordance with the orientation associated with Lien Chieu seaport and the International Financial Center.

Da Nang City will also research, adjust and expand new space for the Da Nang Free Trade Zone in a harmonious and reasonable direction, creating growth momentum for areas of the new Da Nang.

Thu Giang
TIN LIÊN QUAN

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Merging with Quang Nam, Da Nang has outstanding advantages in implementing the Free Trade Zone

Thu Giang |

Da Nang has all the favorable factors to deploy a Free Trade Zone (FTZ) with a scale of 1,881 hectares after merging with Quang Nam province.

Set of criteria for screening strategic investors in Da Nang Free Trade Zone

Thu Giang |

The criteria for screening and selecting strategic investors in the Da Nang Free Trade Zone (FTZ) are stated in Resolution No. 136/2024/QH15 of the National Assembly.

Investors enjoy superior incentives on taxes and land rents in Da Nang Free Trade Zone

Thu Giang |

Investors enjoy outstanding incentives in taxes, customs, land, and streamlined investment procedures at the Da Nang Free Trade Zone (FTZ).