Positive signals in attracting investment in Da Nang

Nguyễn Linh |

With a total investment of more than 6,200 billion VND, Hoa Ninh Industrial Park in Da Nang has officially started construction, promising to create new momentum for economic growth.

In 2025, Da Nang's investment capital outside industrial parks will reach 780.6 billion VND, focusing on adjusting an existing project. Accumulated from the beginning of the year, this figure reached VND 1,848.7 billion. Industrial parks, high technology and information technology attracted 2 new projects with a total registered capital of VND 6,293.5 billion.

As for investment capital in industrial parks, the event of starting construction of Hoa Ninh Industrial Park, Hoa Vang District in mid-February, with a total investment of more than VND6,200 billion, marked an important step forward in attracting investment. The project is expected to be completed in 42 months, aiming to become a leading modern industrial park in the Central region, focusing on specialized, high-tech and environmentally friendly industries. Hoa Ninh Industrial Park is expected to create a strong driving force for Da Nang's economy, promoting the development of industry, trade, services, logistics and tourism.

At the ceremony, Mr. Le Trung Chinh, Chairman of the People's Committee of Da Nang City, said that Hoa Ninh Industrial Park is not only a large-scale investment project but also a testament to Da Nang's continuous efforts in attracting investment, developing sustainable industry and creating momentum for economic growth. We believe that the project will be implemented effectively, becoming a bright spot on the Vietnam industrial map, contributing positively to the socio-economic development of Da Nang, said Mr. Chinh.

However, with foreign investment capital, in February, Da Nang reached 0.339 million USD with 5 new projects, lower than the same period last year. Accumulated from the beginning of the year, Da Nang attracted 8 million USD of FDI capital, down 63.8% over the same period in 2024. This is a signal that the city needs to make more efforts to improve the investment environment and attract quality FDI projects.

Nguyễn Linh
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