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1


CONTENTS<br />

CHAIRMAN’S<br />

MESSAGE<br />

04<br />

DA NANG’S TODAY<br />

06<br />

<strong>Da</strong> <strong>Nang</strong> is the largest city of Central Viet Nam and one of the five largest<br />

cities <strong>in</strong> Viet Nam<br />

Please come and visit <strong>Da</strong> <strong>Nang</strong>, whether as<br />

a tourist, a friend or an <strong>in</strong>vestor, to enjoy the<br />

charms of our city as it has lots to offer<br />

WHY DA NANG<br />

12<br />

Strategic location<br />

Pro-bus<strong>in</strong>ess environment<br />

Developed <strong>in</strong>frastructure Peaceful liv<strong>in</strong>g environment<br />

Qualified human resources<br />

VISION<br />

26<br />

To develop <strong>Da</strong> <strong>Nang</strong> City <strong>in</strong>to a large national urban<br />

area and a major socio-economic center of Central<br />

Viet Nam<br />

Rich tourism potential<br />

INTEGRATION TO<br />

GLOBAL ECONOMY<br />

28<br />

Viet Nam officially became the WTO’s 150 th member on January 11 th 2007<br />

IPA DA NANG<br />

33<br />

IPA <strong>Da</strong> <strong>Nang</strong>, established and directly managed by the<br />

<strong>Da</strong> <strong>Nang</strong> People’s Committee, is a government agency<br />

with advisory function to the People’s Committee


CHAIRMAN’S<br />

MESSAGE<br />

It is with great delight and pleasure to welcome you to <strong>Da</strong> <strong>Nang</strong>.<br />

<strong>Da</strong> <strong>Nang</strong> has undergone an <strong>in</strong>novative revolution with more susta<strong>in</strong>able<br />

approaches of urban development. Serv<strong>in</strong>g as a key socio-economic<br />

and dynamic city, a center of services, commercial activities, seaport<br />

and an important traffic hub <strong>in</strong> Central Viet Nam and Western<br />

Highlands, <strong>Da</strong> <strong>Nang</strong> features cont<strong>in</strong>uously strong and stable economic<br />

growth, ever-<strong>in</strong>creas<strong>in</strong>g liv<strong>in</strong>g standards of its citizens.<br />

Be<strong>in</strong>g one of the five biggest cities under direct adm<strong>in</strong>istration of<br />

Vietnamese central government, <strong>Da</strong> <strong>Nang</strong> is better known as a beautiful<br />

city situated alongside Han River, on the East coast with unparalleled<br />

charm that could not be found <strong>in</strong> other coastal cities, not to mention<br />

numerous tourist attractions, spectacular sights and famous cultural<br />

and historical monuments.<br />

Tak<strong>in</strong>g the advantages of strategic geographical location, welldeveloped<br />

<strong>in</strong>frastructure, encourag<strong>in</strong>gly open <strong>in</strong>vestment policies,<br />

customer-oriented adm<strong>in</strong>istrative services and highly skilled human<br />

resources, we commit to susta<strong>in</strong>able socio-economic development,<br />

cont<strong>in</strong>u<strong>in</strong>g upgrad<strong>in</strong>g <strong>in</strong>frastructure facilities, creat<strong>in</strong>g a favorable<br />

<strong>in</strong>vestment climate and optimal liv<strong>in</strong>g conditions for its occupants.<br />

Please come and visit <strong>Da</strong> <strong>Nang</strong>, whether as a tourist, a friend or<br />

an <strong>in</strong>vestor, to enjoy the charms of our city as it has lots to offer.<br />

Best regards,<br />

CHAIRMAN<br />

DA NANG PEOPLE’S COMMITTEE<br />

4


LEO EVERS<br />

Manag<strong>in</strong>g Director<br />

HEINEKEN Viet Nam Brewery<br />

HEINEKEN Viet Nam Brewery-<strong>Da</strong> <strong>Nang</strong> Company Ltd. is proud to be one of<br />

the 20 lead<strong>in</strong>g bus<strong>in</strong>esses <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> for its considerable contribution to the<br />

social & economic development of the city. As a foreign <strong>in</strong>vestor operat<strong>in</strong>g <strong>in</strong><br />

<strong>Da</strong> <strong>Nang</strong>, we highly appreciate the efficient and professional support from<br />

local government and strong fundamentals for <strong>in</strong>vestment <strong>in</strong> the city. With<br />

many potential advantages, <strong>Da</strong> <strong>Nang</strong> would be a great place for FDI & bus<strong>in</strong>ess<br />

development. We believe the forthcom<strong>in</strong>g APEC meet<strong>in</strong>g will also br<strong>in</strong>g further<br />

opportunities to lure foreign <strong>in</strong>vestment and trade <strong>in</strong>to <strong>Da</strong> <strong>Nang</strong>.<br />

SANKET RAY<br />

WARRICK CLEINE<br />

<strong>Da</strong> <strong>Nang</strong> is becom<strong>in</strong>g a spearhead city <strong>in</strong> the <strong>in</strong>dustrialization, modernization<br />

movement and global <strong>in</strong>tegration. It has been highly ranked <strong>in</strong> the<br />

Prov<strong>in</strong>cial Competitiveness Index of Viet Nam s<strong>in</strong>ce 2007 thanks to its transparency<br />

and bus<strong>in</strong>ess friendl<strong>in</strong>ess. The central city’s economic growth and potential enables<br />

professional service providers like KPMG to widen its client base with its new office,<br />

while bus<strong>in</strong>esses operat<strong>in</strong>g <strong>in</strong> the area will have easier access to the <strong>in</strong>ternationalstandard<br />

audit, tax, and consult<strong>in</strong>g services it provides.<br />

S<strong>in</strong>ce our establishment <strong>in</strong> 1998, Coca-Cola has seen tremendous <strong>in</strong>vestment<br />

and bus<strong>in</strong>ess opportunities that <strong>Da</strong> <strong>Nang</strong> City and its government offered. Strategic<br />

reforms and policy <strong>in</strong> creat<strong>in</strong>g a more favorable bus<strong>in</strong>ess environment enhance<br />

the competitive capability of the operat<strong>in</strong>g bus<strong>in</strong>esses <strong>in</strong> <strong>Da</strong> <strong>Nang</strong>. Look<strong>in</strong>g<br />

forward, Coca-Cola Viet Nam highly appreciates the efforts and commits to<br />

grow susta<strong>in</strong>ably with the community, as a corporate citizen.<br />

SATORU TAKIZAWA<br />

CEO,<br />

Coca-Cola Viet Nam<br />

PETER RYDER<br />

Viet Nam - Chairman and CEO,<br />

KPMG <strong>in</strong> Viet Nam and Cambodia<br />

CEO,<br />

Indoch<strong>in</strong>a Capital<br />

With its strategic central location, well-advanced <strong>in</strong>frastructure, and stunn<strong>in</strong>g natural<br />

sett<strong>in</strong>g, <strong>Da</strong> <strong>Nang</strong> is a magnet for attract<strong>in</strong>g bus<strong>in</strong>ess and tourism of domestic,<br />

regional and global orig<strong>in</strong>. With its forward th<strong>in</strong>k<strong>in</strong>g government, proactive<br />

<strong>in</strong>vestment policies and transparent regulatory environment - <strong>Da</strong> <strong>Nang</strong> stands out<br />

<strong>in</strong> comb<strong>in</strong><strong>in</strong>g economic opportunity and quality of life appeal and is one of the best<br />

places to <strong>in</strong>vest, live and work <strong>in</strong> Viet Nam. S<strong>in</strong>ce the early 1990’s, Indoch<strong>in</strong>a Capital<br />

has contributed s<strong>in</strong>gularly to the transformational development of the city and<br />

region with a series of award-w<strong>in</strong>n<strong>in</strong>g projects, <strong>in</strong>clud<strong>in</strong>g the Furama Resort,<br />

The Nam Hai, Indoch<strong>in</strong>a Riverside Towers, Montgomerie L<strong>in</strong>ks and Hyatt <strong>Da</strong> <strong>Nang</strong><br />

Resort, Residences and Spa.<br />

Chairman of Japan Bus<strong>in</strong>ess Association <strong>in</strong> <strong>Da</strong> <strong>Nang</strong>,<br />

General Manager of <strong>Da</strong>iwa Viet Nam Limited<br />

<strong>Da</strong> <strong>Nang</strong> City is a compact and very convenient metropolitan with airport, port<br />

and <strong>in</strong>dustrial zones be<strong>in</strong>g located with<strong>in</strong> 10 km from city center, surrounded by<br />

beautiful nature. In addition, as Central Vietnam and the gateway of East West<br />

Economic Corridor, it has a strategic location, successfully hosted APEC <strong>in</strong> 2017.<br />

More than anyth<strong>in</strong>g else, we highly value the high quality of workers and the k<strong>in</strong>d<br />

nature of local people, we have high expectation for further development <strong>in</strong> Central<br />

Region and bus<strong>in</strong>ess growth based on co-existence and mutual prosperity.<br />

LAWRENCE LEE JIUNN SHYAN<br />

General Director,<br />

TCIE Viet Nam<br />

Our company has operations <strong>in</strong> Malaysia, S<strong>in</strong>gapore, Viet Nam, Myanmar, Laos<br />

and Cambodia. As far as I am concerned, <strong>in</strong> <strong>Da</strong> <strong>Nang</strong>, Vietnamese labours are<br />

well educated, <strong>in</strong>telligent and have strong perseverance to create success.<br />

Government policies are transparent and streaml<strong>in</strong>ed to support product import<br />

and export and <strong>in</strong>crease <strong>in</strong>dustrialization of the city.<br />

5 5


DA NANG’S TODAY<br />

<strong>Da</strong> <strong>Nang</strong> is the largest city of Central Viet Nam and one of the five largest cities <strong>in</strong> Viet Nam,<br />

act<strong>in</strong>g as a driv<strong>in</strong>g force of economic growth <strong>in</strong> Central Region and Western Highlands.<br />

POPULATION<br />

1,066,400<br />

PEOPLE<br />

AREA<br />

1,285<br />

INDUSTRIAL<br />

OUTPUTS<br />

IN 2017<br />

64,348<br />

BILLION VND<br />

TOTAL<br />

GOVERNMENT<br />

REVENUES<br />

IN 2017<br />

23,379<br />

BILLION VND<br />

DISTRICTS<br />

AND COUNTIES<br />

02<br />

OUTER-SUBURBAN<br />

DISTRICTS<br />

06<br />

INNER-CITY<br />

DISTRICTS<br />

6<br />

6


AWARDS<br />

FROM 2008 TO<br />

FROM 2013 2010<br />

TO 2016<br />

Ranked number one<br />

<strong>in</strong> the Prov<strong>in</strong>cial<br />

Competitiveness Index<br />

<strong>in</strong> Viet Nam (PCI)<br />

FROM 2012 TO 2016<br />

Ranked number one<br />

<strong>in</strong> the Public<br />

Adm<strong>in</strong>istration Reform<br />

Index (PAR <strong>in</strong>dex)<br />

among the prov<strong>in</strong>ces<br />

of Viet Nam<br />

FROM 2009 TO 2017<br />

Ranked number one<br />

<strong>in</strong> the availability for ICT<br />

application (Viet Nam<br />

ICT Index) for 9 years <strong>in</strong><br />

a row<br />

FROM 2012 TO 2016<br />

Ranked among Top 5 <strong>in</strong><br />

the Viet Nam Prov<strong>in</strong>cial<br />

Governance and<br />

Public Adm<strong>in</strong>istration<br />

Performance Index<br />

(PAPI)<br />

2011<br />

A unique city of Viet Nam<br />

and one of the 20 cities<br />

of ASEAN awarded “the<br />

ASEAN City of Susta<strong>in</strong>able<br />

Environment” prize<br />

2013<br />

One of two cities <strong>in</strong> Viet<br />

Nam awarded “2013 Asian<br />

Townscape Award (ATA)”<br />

by UN-HABITAT<br />

2014 2015<br />

Awarded Outstand<strong>in</strong>g<br />

e-Government Prize <strong>in</strong><br />

the Category of Digital<br />

Divide by WeGo<br />

Ranked first <strong>in</strong> the list<br />

of “Top 10 dest<strong>in</strong>ations<br />

on the rise for 2015”<br />

by TripAdvisor<br />

2015<br />

Listed among “52 Places to<br />

go <strong>in</strong> 2015” by the New York<br />

Times<br />

2015 2016 2017<br />

Awarded Excellent <strong>in</strong><br />

City Transformation by<br />

the F<strong>in</strong>ancial Times<br />

and the International<br />

F<strong>in</strong>ance Corporation<br />

(IFC)<br />

Awarded ‘Asia’s<br />

Lead<strong>in</strong>g Festival &<br />

Event Dest<strong>in</strong>ation’<br />

by the World Travel<br />

Awards (WTA)<br />

• Top 10 worth-liv<strong>in</strong>g places<br />

to live overseas <strong>in</strong> 2017 by<br />

Live and <strong>Invest</strong> Overseas<br />

Magaz<strong>in</strong>e<br />

• Top 10 trend<strong>in</strong>g dest<strong>in</strong>ations <strong>in</strong><br />

2018 by Airbnb<br />

7


DA NANG IS THE<br />

SOCIO-ECONOMIC<br />

HUB OF CENTRAL<br />

VIET NAM<br />

586,100<br />

PEOPLE<br />

WORKFORCE<br />

1.2%<br />

NATURAL<br />

POPULATION<br />

GROWTH RATE<br />

US$<br />

3,582<br />

GRDP (CURRENT PRICE)<br />

US$<br />

3,289<br />

GRDP PER CAPITA<br />

US$<br />

1.28<br />

IMPORT TURNOVER<br />

US$<br />

1.4 6<br />

EXPORT TURNOVER<br />

MIL<br />

BIL<br />

BIL<br />

8<br />

8


US$<br />

3.6<br />

TOTAL RETAIL SALES OF<br />

GOODS AND SERVICES<br />

US$<br />

1.7<br />

TOTAL INVESTMENT CAPITAL<br />

FOR DEVELOPMENT<br />

22,040<br />

NO. OF NON-STATE ENTERPRISES<br />

98%<br />

PERCENTAGE OF SMEs<br />

5,000<br />

BIL<br />

BIL<br />

NO. OF EXPATRIATES<br />

IN DA NANG<br />

100%<br />

FRESH WATER<br />

ACCESSIBILITY RATE<br />

96%<br />

URBAN SOLID<br />

WASTE COLLECTION RATE<br />

83.3%<br />

RATE OF IZS AND EPZS WITH CENTRALIZED SEWAGE<br />

TREATMENT SYSTEM SASTIFYING ENVIRONMENTAL<br />

STANDARDS<br />

US$<br />

6.6<br />

862<br />

577<br />

372<br />

59<br />

TOURISM REVENUE<br />

MIL<br />

NO. OF VISITORS<br />

INWARD FDI IN DA NANG<br />

NO. OF BRANCHES,<br />

REP. OFFICES OF FDI ENTERPRISES<br />

NO. OF SHOPPING CENTERS,<br />

SUPERMARKETS<br />

662<br />

689 (28,821 ROOMS)<br />

NO. OF HOTELS AND RESORTS<br />

NO. OF HOSPITALS AND HEALTH CLINICS<br />

MIL<br />

PROJECTS<br />

25<br />

65.7%<br />

24,680<br />

NEW EMPLOYEES<br />

3.6%<br />

NO. OF UNIVERSITIES AND COLLEGES<br />

PERCENTAGE OF TRAINED LABOR<br />

URBAN UNEMPLOYMENT RATE<br />

US$<br />

3.062<br />

BIL<br />

Source: <strong>Da</strong> <strong>Nang</strong> People’s Committee and <strong>Da</strong> <strong>Nang</strong> Statistic Office Reports 2017<br />

9<br />

9


SPATIAL MASTER PLAN<br />

BY 2050<br />

10


OF DA NANG CITY<br />

11


WHY<br />

DA NANG<br />

STRATEGIC LOCATION<br />

DEVELOPED INFRASTRUCTURE<br />

QUALIFIED HUMAN RESOURCES<br />

PRO-BUSINESS ENVIRONMENT<br />

PEACEFUL LIVING ENVIRONMENT<br />

RICH TOURISM POTENTIAL<br />

12


STRATEGIC LOCATION<br />

DA NANG<br />

THE POWERHOUSE OF<br />

GROWTH AND DEVELOPMENT<br />

FOR CENTRAL VIET NAM<br />

HA NOI<br />

Brimm<strong>in</strong>g with economic potentials, <strong>Da</strong> <strong>Nang</strong><br />

plays a crucial role as the growth eng<strong>in</strong>e of<br />

the Central Viet Nam Key Economic Region<br />

(CVKER), giv<strong>in</strong>g a great impetus to the socioeconomic<br />

development of the Central Region<br />

and Western Highlands.<br />

HOANG SA<br />

ARCHIPELAGO<br />

DA NANG<br />

DA NANG - EASTERN GATEWAY OF THE<br />

EAST - WEST ECONOMIC CORRIDOR<br />

<strong>Da</strong> <strong>Nang</strong> Port is the eastern end of the East-<br />

West Economic Corridor (EWEC), act<strong>in</strong>g as<br />

an important gateway to the Pacific Ocean,<br />

a key import and export platform of the<br />

whole virtually untapped h<strong>in</strong>terland of Laos,<br />

Northeast Thailand, Myanmar and Central Viet<br />

Nam. It also generates a huge opportunity<br />

for <strong>Da</strong> <strong>Nang</strong> to promote economic exchange<br />

with other countries <strong>in</strong> the Greater Mekong<br />

Subregion (GMS) and the Indian Ganges<br />

River economic areas.<br />

East-West Economic Corridor (EWEC) is<br />

the 1,450km route l<strong>in</strong>k<strong>in</strong>g the Indian Ocean<br />

and the Pacific Ocean. From Mawlamy<strong>in</strong>e<br />

(Myanmar), it runs across 13 prov<strong>in</strong>ces of<br />

four countries of the GMS (Myanmar, Thailand,<br />

Laos and Viet Nam) to <strong>Da</strong> <strong>Nang</strong> port (Viet Nam)<br />

as its end po<strong>in</strong>t.<br />

BENEFITS OF EWEC<br />

Facilitat<strong>in</strong>g the transportation<br />

of goods and passengers<br />

Facilitat<strong>in</strong>g tourism, <strong>in</strong>vestment<br />

and cross-border trade<br />

Improv<strong>in</strong>g regional socioeconomic<br />

conditions<br />

Boost<strong>in</strong>g regional cooperation.<br />

HO CHI MINH<br />

TRUONG SA<br />

ARCHIPELAGO<br />

HOANG SA<br />

ARCHIPELAGO<br />

TRUONG SA<br />

ARCHIPELAGO<br />

13


DA NANG<br />

THE ENTRANCE FOR EXPLORING<br />

THE WORLD NATURAL AND CULTURAL<br />

HERITAGES IN CENTRAL VIET NAM<br />

<strong>Da</strong> <strong>Nang</strong> is situated <strong>in</strong> the middle of the 1,500km<br />

World Heritage Road stretch<strong>in</strong>g along the<br />

coastl<strong>in</strong>e of Central Viet Nam.<br />

Four out of seven UNESCO - designated World<br />

Heritage Sites, consist<strong>in</strong>g of Hoi An Ancient Town,<br />

My Son Sanctuary, Hue Imperial City and Phong<br />

Nha - Ke Bang National Park, are only a short<br />

drive away from <strong>Da</strong> <strong>Nang</strong>, via National Road 1A.<br />

DA NANG - HOI AN ANCIENT TOWN<br />

DA NANG - MY SON SANCTUARY<br />

30<br />

KM TO THE SOUTH EAST<br />

(30 MINUTE DRIVE)<br />

(1 HOUR DRIVE)<br />

70<br />

KM TO THE SOUTH WEST<br />

DA NANG - HUE IMPERIAL CITY DA NANG - PHONG NHA KE BANG<br />

KM TO THE NORTH<br />

KM TO THE NORTH<br />

100 300<br />

(90 MINUTE DRIVE) (6 HOUR DRIVE)<br />

14


DEVELOPED<br />

INFRASTUCTURE<br />

<strong>Da</strong> <strong>Nang</strong> is one of the country’s top communication hubs. The<br />

city’s synchronized transport system <strong>in</strong>clud<strong>in</strong>g <strong>in</strong>ternational<br />

airports, deep-water seaports, North-South railways and<br />

road networks offers easy connectivity and cont<strong>in</strong>uous flows<br />

of cargo and passengers, facilitat<strong>in</strong>g economic activities,<br />

<strong>in</strong>vestment and tourism on national and regional-scale.<br />

15


DA NANG PORT<br />

CARGO<br />

THROUGHPUT HANDLED<br />

<strong>Da</strong> <strong>Nang</strong> Port is a modern and well-equipped conta<strong>in</strong>er port <strong>in</strong> the Central<br />

region, one of the biggest commercial ports <strong>in</strong> Viet Nam. In the past 5 years,<br />

the average growth rate of cargo throughput was 13% per annum, of which<br />

the conta<strong>in</strong>er throughput grew at 22% per annum on average.<br />

At <strong>Da</strong> <strong>Nang</strong> Port, there are many exist<strong>in</strong>g direct <strong>in</strong>ternational shipp<strong>in</strong>g l<strong>in</strong>es<br />

to Hong Kong, S<strong>in</strong>gapore, Japan, Taiwan, and South Korea. Also, <strong>Da</strong> <strong>Nang</strong><br />

Port is an ideal dest<strong>in</strong>ation for cruise ships.<br />

- Eight million tons of cargo handl<strong>in</strong>g throughput<br />

- Accommodate 70,000 DWT bulk ships, 4,000 TEU conta<strong>in</strong>er ships,<br />

150,000 GRT l<strong>in</strong>ers<br />

Unit: tons<br />

2017<br />

8,028,000 2017<br />

2016<br />

7,255,000 2016<br />

2015 6,406,000<br />

2015<br />

2014 6,022,045<br />

2014<br />

2013 5,010,238<br />

2013<br />

2012 4,423,388<br />

2012<br />

2011<br />

3,868,545<br />

16<br />

CONTAINER<br />

THROUGHPUT HANDLED<br />

167,447<br />

144,555<br />

258,000<br />

227,340<br />

167,447<br />

144,555<br />

320,000<br />

320,000<br />

258,000<br />

227,340<br />

349,005<br />

320,000<br />

Unit: TEUs<br />

Source: <strong>Da</strong> <strong>Nang</strong> Port Co., Ltd


DA NANG<br />

INTERNATIONAL AIRPORT<br />

Less than 10-m<strong>in</strong>ute drive<br />

from the city centre. One<br />

of the three biggest and<br />

busiest airports <strong>in</strong> Viet Nam.<br />

The three-storey term<strong>in</strong>al on a total area of 36,600<br />

M 2 sufficiently meets the standards of the International<br />

Aviation Transport Association and accommodates<br />

up to 12 million passengers per year.<br />

<strong>Da</strong> <strong>Nang</strong> International Airport offers domestic flights to major cities <strong>in</strong> Viet Nam<br />

and more than 233 weekly direct outward <strong>in</strong>ternational flights to other Asian countries<br />

such as S<strong>in</strong>gapore, Japan, South Korea, Hong Kong, Cambodia, Thailand, Malaysia and to<br />

various cities <strong>in</strong> Ch<strong>in</strong>a, and vice versa.<br />

TRANSPORT SYSTEM<br />

Inner-city and outer-suburban<br />

road networks are cont<strong>in</strong>uously<br />

expanded, newly built or<br />

upgraded, ty<strong>in</strong>g the city center<br />

with neighbour<strong>in</strong>g suburbs<br />

and surround<strong>in</strong>g areas.<br />

<strong>Da</strong> <strong>Nang</strong> Railway Station is the largest station<br />

<strong>in</strong> Central Viet Nam, play<strong>in</strong>g the important role<br />

<strong>in</strong> the national railway system. The city is call<strong>in</strong>g<br />

for <strong>in</strong>vestment <strong>in</strong> a new passenger and cargo<br />

railway station to meet the <strong>in</strong>creas<strong>in</strong>g demand of<br />

transportation <strong>in</strong> the region.<br />

DA NANG – QUANG NGAI<br />

HIGHWAY (130km long, 26m wide)<br />

will be completed <strong>in</strong> 2018, facilitat<strong>in</strong>g<br />

freight, cargo circulation and economic<br />

development <strong>in</strong> the region, and<br />

connect<strong>in</strong>g <strong>Da</strong> <strong>Nang</strong> with Chu Lai<br />

Open Economic Zone and Dung Quat<br />

Economic Zone.<br />

LA SON – TUY LOAN<br />

HIGHWAY (80km long)<br />

from La Son T-junction (Thua Thien<br />

Hue) to Tuy Loan T-junction (<strong>Da</strong> <strong>Nang</strong>)<br />

aims to enhance the bond between<br />

prov<strong>in</strong>ces <strong>in</strong> the Central Viet Nam Key<br />

Economic Region.<br />

17


TELECOMMUNICATIONS<br />

<strong>Da</strong> <strong>Nang</strong> is one of the most advanced telecommunications hubs nationwide with<br />

a synchronized and well-established <strong>in</strong>frastructure for <strong>in</strong>ternational connectivity.<br />

It is also the first <strong>in</strong> the country to implement a citywide wireless broadband<br />

network, <strong>Da</strong> <strong>Nang</strong> Wifi, with about 350 access po<strong>in</strong>ts across the city, provid<strong>in</strong>g<br />

companies and <strong>in</strong>dividuals with accessible and secure communications.<br />

<strong>Da</strong> <strong>Nang</strong> is one of the three most important end po<strong>in</strong>ts of the national trunk network and the <strong>in</strong>ternational<br />

direct connect<strong>in</strong>g po<strong>in</strong>t.<br />

Direct connection with Asia Pacific Gateway submar<strong>in</strong>e cable and the International Mar<strong>in</strong>e Optical Fiber<br />

Cable Station (SEMEWE 3) creat<strong>in</strong>g a <strong>Da</strong> <strong>Nang</strong> - based <strong>in</strong>ternational transmission l<strong>in</strong>e of 10 Gbps l<strong>in</strong>k<strong>in</strong>g<br />

Viet Nam with nearly 40 countries <strong>in</strong> Europe and Asia.<br />

The world standard IT and Communication Infrastructure System is <strong>in</strong> use, compris<strong>in</strong>g a Metropolitan<br />

Area Network (MAN), a <strong>Da</strong>ta Centre, <strong>Da</strong> <strong>Nang</strong> Wifi, an IT R&D and a Tra<strong>in</strong><strong>in</strong>g Center.<br />

“E-Government, E-Citizens, E-Enterprises” system has been build<strong>in</strong>g <strong>in</strong> order to make <strong>Da</strong> <strong>Nang</strong> an<br />

“E-city” by 2020.<br />

18


INVESTMENT<br />

SUPPORT<br />

SERVICES<br />

<strong>Da</strong> <strong>Nang</strong> is one of Viet Nam’s lead<strong>in</strong>g<br />

service hubs <strong>in</strong> which bank<strong>in</strong>g, f<strong>in</strong>anc<strong>in</strong>g,<br />

<strong>in</strong>surance and logistics services, etc. are<br />

<strong>in</strong>creas<strong>in</strong>gly developed so as to meet<br />

the demand of a wide range of bus<strong>in</strong>ess<br />

ventures and enterprises.<br />

30 56 762<br />

INSURANCE COMPANIES<br />

FINANCIAL INSTITUTIONS<br />

WAREHOUSING/<br />

FREIGHT FORWARDING<br />

POWER AND<br />

WATER SUPPLY<br />

The power <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> is supplied from the<br />

national North-South 500KV high voltage<br />

grid. The water supply capably meets<br />

production and service activities as well as<br />

domestic use of the city.<br />

WATER<br />

SUPPLY<br />

CAPACITY<br />

Source: <strong>Da</strong> <strong>Nang</strong><br />

Water Supply Company<br />

250,000 396,300<br />

(M 3 /DAY) (M 3 /DAY)<br />

2016 2020<br />

19<br />

19


INDUSTRIAL PARKS,<br />

HI-TECH PARK<br />

DANANG<br />

SPATIAL MASTER PLAN OF DANANG C<br />

THUA THIEN HUE PROVINCE<br />

QUANG NAM PROVINCE<br />

1,128.4 ha<br />

DANANG HI-TECH PARK<br />

400 ha<br />

HOA NINH IZ<br />

/LEGENDS<br />

ĐẤT CÔNG TRÌNH CÔNG CỘNG, HỖN HỢP<br />

LAND FOR MIXED AND PUBLIC CONSTRUCTION<br />

ĐẤT ĐÔ THỊ CŨ<br />

OLD TOWN LAND<br />

ĐẤT Ở MỚI<br />

NEW URBAN LAND<br />

ĐÁT Ở NÔNG THÔN KHU CÔNG NGHIỆP<br />

RURAL LAND INDUSTRIAL ZONE<br />

ĐẤT GIÁO DỤC<br />

LAND FOR EDUCATION<br />

ĐẤT QUÂN SỰ<br />

MILITARY LAND<br />

KHU CÔNG NGHỆ CAO, CNTT<br />

ĐẤT KHO TÀNG HI-TECH PARK, IT PARK<br />

RESERVE LAND<br />

MẶT NƯỚC<br />

WATER SURFACE<br />

ĐẤT RỪNG ĐẶC DỤNG<br />

LAND FOR SPECIAL FOREST USE ĐƯỜNG CAO TỐC QUỐC GIA<br />

NATIONAL EXPRESSWAY<br />

ĐẤT RỪNG PHÒNG HỘ<br />

FOREST LAND<br />

ĐƯỜNG QUỐC LỘ<br />

NATIONAL HIGHWAY<br />

ĐẤT RỪNG SẢN XUẤT<br />

LAND FOR PRODUCTION FOREST<br />

ĐẤT NÔNG NGHIỆP<br />

ARGRICULTURAL LAND<br />

ĐẤT CÔNG VIÊN CÂY XANH<br />

GREEN AREA<br />

ĐẤT CẢNG TÀU THUYỀN<br />

LAND FOR PORT<br />

ĐẤT CÔNG NGHIỆP<br />

LAND FOR INDUSTRY<br />

ĐƯỜNG VÀNH ĐAI<br />

RING ROAD<br />

ĐƯỜNG VEN BIỂN - VEN SÔNG<br />

COASTAL - RIVERSIDE ROAD<br />

ĐƯỜNG PHỐ CHÍNH ĐÔ THỊ<br />

MAIN URBAN ROAD<br />

ĐƯỜNG SẮT<br />

RAILWAY<br />

SÂN BAY<br />

ĐẤT CÔNG NGHỆ CAO AIRPORT<br />

LAND FOR HI-TECH INDUSTRY<br />

BA NA HILLS<br />

MOUNTAIN RESORT<br />

BA NA GOL<br />

ĐẤT DU LỊCH<br />

LAND FOR TOURISM CÁC KHU KÊU GỌI ĐẦU TƯ<br />

CALLING INVESTMENT PROJECTS<br />

ĐẤT SÂN GOLF<br />

LAND FOR GOLF COURSE<br />

ĐẤT THỂ DỤC THỂ THAO<br />

LAND FOR PHYSICAL TRAINING CẢNG AND SPORTS<br />

PORT<br />

BÃI RÁC THẢI<br />

LANDFILL<br />

ĐẤT SÂN GOLF<br />

LAND FOR GOLF COURSE<br />

ĐẤT NGHĨA TRANG<br />

CEREMETERY LAND<br />

GA ĐƯỜNG SẮT<br />

RAILWAY STATION<br />

BẾN XE ĐỐI NGOẠI<br />

INTERCITY BUS STATION<br />

20<br />

ORI


In <strong>Da</strong> <strong>Nang</strong> there are currently<br />

06 INDUSTRIAL PARKS (1,066.52 HA)<br />

& 1 SOFTWARE PARK (2 HA)<br />

all of which have been <strong>in</strong> operation. To meet the development needs of the city, an<br />

IT Park (more than 341 ha) and a Hi-tech Park (1,128.4 ha) are be<strong>in</strong>g built. In addition,<br />

Software Park No.2 (15 ha), IT Park No.2 (56 ha), <strong>in</strong>dustrial parks of Hoa Cam Phase 2<br />

(119 ha), Hoa N<strong>in</strong>h (400 ha) and Hoa Nhon (405.49 ha) are be<strong>in</strong>g planned.<br />

CITY<br />

ITY TOWARD 2030 AND VISION TO 2050<br />

SCALE<br />

0 KM 1 KM 2 KM 3 KM 4 KM<br />

LANG VAN RESORT<br />

1DM = 1KM<br />

LIEN CHIEU IZ<br />

DA NANG BAY<br />

LIEN CHIEU SEAPORT<br />

Lien Chieu Seaport<br />

EXPANDED HOA KHANH IZ<br />

NAM O RESORT<br />

HOA KHANH IZ<br />

TIEN SA SEAPORT<br />

15 ha<br />

SOFTWARE PARK NO.2<br />

DA NANG<br />

SEAFOOD SERVICE<br />

DANANG IZ<br />

SON TRA PENINSULA<br />

SOFTWARE PARK NO.1<br />

341 ha<br />

IT PARK<br />

56 ha<br />

IT PARK NO.2<br />

EASTERN SEA<br />

405.49 353.57 ha ha<br />

HOA NHON IZ<br />

DANANG<br />

INTERNATIONAL<br />

AIRPORT<br />

F<br />

119 ha<br />

HOA CAM IZ - PHASE II<br />

HOA CAM IZ<br />

HOANG SA ARCHIPELAGO<br />

181 ha<br />

FPT COMPLEX<br />

TO HOI AN<br />

ANCIENT TOWN<br />

TO HOI AN<br />

ANCIENT TOWN<br />

TO TAM KY<br />

QUANG NAM PROVINCE<br />

TO DAI LOC<br />

TO DUNG QUAT<br />

ENTAL DEVELOPMENT PLANNING OF URBAN AREA<br />

21


QUALIFIED HUMAN<br />

RESOURCES<br />

<strong>Da</strong> <strong>Nang</strong>’s workforce, account<strong>in</strong>g for more than<br />

55%<br />

of the population, is young, dynamic,<br />

diligent and well-tra<strong>in</strong>ed.<br />

25 UNIVERSITIES<br />

AND COLLEGES<br />

19 PROFESSIONAL<br />

SECONDARY<br />

SCHOOLS<br />

03 INTERNATIONAL SCHOOLS:<br />

59 VOCATIONAL<br />

CENTERS<br />

PEGASUS<br />

INTERNATIONAL<br />

COLLEGE<br />

- <strong>Da</strong> <strong>Nang</strong> is the Central Region’s education hub that offers diverse and<br />

comprehensive tra<strong>in</strong><strong>in</strong>g services<br />

- Labour force is well-tra<strong>in</strong>ed and qualified <strong>in</strong> terms of technical expertise<br />

and skills<br />

- The University of <strong>Da</strong> <strong>Nang</strong> delivers tra<strong>in</strong><strong>in</strong>g programs <strong>in</strong> cooperation with<br />

foreign universities<br />

Annual new graduates from tra<strong>in</strong><strong>in</strong>g and<br />

education organizations:<br />

16.42%<br />

23.45%<br />

21.86%<br />

38.27%<br />

QUALIFICATION OF<br />

WORKFORCE<br />

IN DA NANG (2015)<br />

UNIVERSITY,<br />

COLLEGE GRADUATES<br />

TECHNICAL WORKERS<br />

PROFESSIONAL<br />

SECONDARY SCHOOL<br />

GRADUATES<br />

OTHERS<br />

44,277 STUDENTS<br />

21%<br />

33%<br />

16%<br />

30%<br />

FORECAST OF WORKFORCE<br />

QUALIFICATIONS IN DA NANG<br />

BY 2020<br />

22


PRO-BUSINESS<br />

ENVIRONMENT<br />

The city has always committed to improv<strong>in</strong>g <strong>in</strong>vestment<br />

climate, bus<strong>in</strong>ess environment and policy mechanism to<br />

<strong>in</strong>crease dynamic efficiency. Various programmes and<br />

supports are offered by the municipal authorities to assist<br />

companies and <strong>in</strong>vestors <strong>in</strong> sett<strong>in</strong>g up and expand<strong>in</strong>g<br />

their bus<strong>in</strong>ess <strong>in</strong> <strong>Da</strong> <strong>Nang</strong>.<br />

E-GOVERNMENT<br />

(www.egovdanang.gov.vn)<br />

Onl<strong>in</strong>e bus<strong>in</strong>ess registration, e-customs services,<br />

electronic tax declaration<br />

Simple and transparent <strong>in</strong>vestment procedures<br />

ADMINISTRATIVE REFORM<br />

Provid<strong>in</strong>g legal assistance to enterprises via<br />

regular sem<strong>in</strong>ars<br />

Receiv<strong>in</strong>g and return<strong>in</strong>g forms at <strong>Da</strong> <strong>Nang</strong><br />

Adm<strong>in</strong>istration Center<br />

“One-stop shop service” <strong>in</strong> grant<strong>in</strong>g <strong>in</strong>vestment and<br />

bus<strong>in</strong>ess certificates (<strong>Da</strong> <strong>Nang</strong> Hi-tech Park Authority,<br />

DIEPZA, Department of Plann<strong>in</strong>g and <strong>Invest</strong>ment)<br />

Implement<strong>in</strong>g cooperative mechanism on<br />

adm<strong>in</strong>istrative procedures of enterprise’s conditional<br />

projects registration (09 city’s departments)<br />

Simplify<strong>in</strong>g adm<strong>in</strong>istrative procedures, reduc<strong>in</strong>g<br />

process<strong>in</strong>g time by 25%; enhance IT application <strong>in</strong><br />

public services to <strong>in</strong>teraction level 3 and 4<br />

ESTABLISHMENT OF A HOTLINE,<br />

ONLINE Q&A ON DA NANG<br />

ELECTRONIC WEB PORTAL<br />

LOCAL AUTHORITIES RESPONSIBLE<br />

FOR SITE INVESTIGATION,<br />

CLEARANCE, COMPENSATION AND<br />

RELOCATION OF RESIDENTS<br />

SUPPLY OF WATER, ELECTRICITY<br />

AND OTHER UTILITIES AVAILABLE<br />

AT PROJECT SITES<br />

PROMOTION OF BUSINESS MATCHING<br />

AND MARKET DEVELOPMENT<br />

REGULAR DIALOGUES BETWEEN<br />

LOCAL LEADERS AND BUSINESSES<br />

23


SPECTACULAR<br />

DESTINATION TO<br />

WORK-LIVE-PLAY<br />

IN VIET NAM<br />

The city is safe and <strong>in</strong>frastructurally<br />

well-planned and built. Convenient<br />

transport network with little traffic<br />

jam, lots of schools and healthcare<br />

facilities, <strong>in</strong>ternational-level golf courses<br />

and shopp<strong>in</strong>g malls <strong>in</strong>crease level of<br />

comfort and quality of life <strong>in</strong> <strong>Da</strong> <strong>Nang</strong>.<br />

Hous<strong>in</strong>g market <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> is<br />

considerably diverse and offers a<br />

variety of lifestyle options such as<br />

condom<strong>in</strong>iums, world-class villas, private<br />

detached houses, etc. cater<strong>in</strong>g to<br />

different customer preferences.<br />

PEACEFUL LIVING<br />

ENVIRONMENT<br />

Various ethical social policies and <strong>in</strong>itiatives such as the “Five<br />

Nos”, “Three Must-Haves” and “Four safes” have been successfully<br />

implemented with the participation of the community.<br />

The city is well-recognized as one of the cleanest cities <strong>in</strong> Viet<br />

Nam. Life <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> is usually described as lett<strong>in</strong>g your m<strong>in</strong>d at<br />

peace, at ease and close to nature. The city is embrac<strong>in</strong>g the vision<br />

of an environmentally friendly city by 2020 by <strong>in</strong>creas<strong>in</strong>g its green<br />

area and public space, ensur<strong>in</strong>g water and air quality standards and<br />

address<strong>in</strong>g issues related to climate change.<br />

<strong>Da</strong> <strong>Nang</strong> people are simple <strong>in</strong> speech but dar<strong>in</strong>g <strong>in</strong> thought, eager<br />

to learn, hardwork<strong>in</strong>g and very hospitable, which often remarkably<br />

impresses those who have ever visited or worked <strong>in</strong> the city.<br />

Cost of liv<strong>in</strong>g <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> is fairly reasonable compared with other<br />

big cities <strong>in</strong> Viet Nam.<br />

24


RICH TOURISM<br />

POTENTIAL<br />

DA NANG IS<br />

WELL KNOWN IN<br />

VIET NAM AND<br />

THE CENTRAL<br />

REGION AS A<br />

FOCAL TOURIST<br />

DESTINATION<br />

<strong>Da</strong> <strong>Nang</strong> has many famous tourist sites showcas<strong>in</strong>g local beauty, history,<br />

culture and heritage such as the beautiful and spiritual Ngu Hanh Son or<br />

Marble Mounta<strong>in</strong>s, the gorgeous Ba Na Mounta<strong>in</strong> and Ba Na Hills Resort, the<br />

spectacular Son Tra Penisular and the Museum of Cham Sculpture.<br />

Tourist facilities and services available <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> are improved to meet<br />

<strong>in</strong>ternational standards and cater to diverse tastes of visitors. Numerous<br />

world-class resorts managed by many highly-branded management groups<br />

such as Hyatt, InterCont<strong>in</strong>ental, Novotel, Mercure, etc. have been established <strong>in</strong><br />

<strong>Da</strong> <strong>Nang</strong>.<br />

70KM<br />

<strong>Da</strong> <strong>Nang</strong> has<br />

of beautiful coastl<strong>in</strong>e bathed <strong>in</strong><br />

sunsh<strong>in</strong>e nearly throughout the<br />

whole year.<br />

<strong>Da</strong> <strong>Nang</strong> Beach was recognized as one of the most attractive beaches <strong>in</strong><br />

the world by Forbes magaz<strong>in</strong>e (USA) <strong>in</strong> 2005.<br />

My Khe Beach <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> was listed <strong>in</strong> the top 10 beaches <strong>in</strong> Asia reported<br />

by the Sunday Herald Sun (Australia) <strong>in</strong> 2009.<br />

25


VISION<br />

2020<br />

To develop <strong>Da</strong> <strong>Nang</strong> City <strong>in</strong>to a large national urban area and a<br />

major socio-economic center of Central Viet nam, function<strong>in</strong>g as:<br />

- A service hub<br />

- A seaport city and an important transportation hub<br />

- A post telecommunication - IT and f<strong>in</strong>ance - bank<strong>in</strong>g center<br />

- One of the centers of medical, culture - sports, education and tra<strong>in</strong><strong>in</strong>g,<br />

science and technology <strong>in</strong> Central Viet Nam<br />

ECONOMIC STRUCTURE OF DA NANG<br />

ITEMS<br />

GRDP<br />

ITEMS<br />

TARGET<br />

TARGET<br />

Grow 8 - 9% per annum (avg.)<br />

62-65%<br />

SERVICES<br />

35-37%<br />

INDUSTRY<br />

GRDP per capita<br />

Service sector’s output value<br />

Industrial and construction output value<br />

Agricultural output value<br />

Export Turnover<br />

Government Revenues<br />

Government Expenditures<br />

Total <strong>in</strong>vestment capital for development<br />

4,000 – 4,500 USD<br />

Grow 9.5 - 10.5% per annum (avg.)<br />

Grow 10 - 11% per annum (avg.)<br />

10.5 - 11.5% for <strong>in</strong>dustrial output<br />

Grow 2 - 3% per annum (avg.)<br />

Grow 15 - 16% per annum (avg.)<br />

Grow 5 - 8% per annum (avg.)<br />

Grow 2 - 3% per annum (avg.)<br />

Grow 9 - 10% per annum (avg.)<br />

Percentage of tra<strong>in</strong>ed labor 50 - 55%<br />

1-3%<br />

AGRICULTURE<br />

(Decision No. 2156/QD-UBND<br />

dated 15 th April, 2015 – Economic<br />

Restructur<strong>in</strong>g Project by 2020)<br />

New job creation rate<br />

Urban solid waste collection and<br />

treatment rate<br />

4 - 5% per year<br />

95 - 98%<br />

(Resolution of the 21 st Congress of the <strong>Da</strong> <strong>Nang</strong> Party Committee, 2015 - 2020 tenure)<br />

26


VISION<br />

2030<br />

2050<br />

To develop <strong>Da</strong> <strong>Nang</strong> <strong>in</strong>to a modern<br />

national-level city and an urban center,<br />

contribut<strong>in</strong>g to the socio-economic<br />

development of Central Viet Nam and<br />

the Western Highlands.<br />

To develop <strong>Da</strong> <strong>Nang</strong> <strong>in</strong>to<br />

a special national city and<br />

towards an <strong>in</strong>ternational<br />

and susta<strong>in</strong>able city.<br />

27


INTEGRATION<br />

TO GLOBAL ECONOMY<br />

Viet Nam officially became the WTO’s 150 th member on January 11 th , 2007. WTO accession has created both<br />

opportunities and challenges for Viet Nam to become an attractive <strong>in</strong>vestment dest<strong>in</strong>ation.<br />

In addition, Viet Nam’s participation <strong>in</strong> the ASEAN Economic Community (AEC), as well as the Comprehensive<br />

and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the conclusion of several Free Trade<br />

Agreements (FTAs) such as<br />

EU-Viet Nam FTA (EVFTA) and Viet Nam – Korea FTA has shown the nation’s efforts to further <strong>in</strong>tegrate <strong>in</strong>to the<br />

world economy.<br />

FTAS IN NEGOTIATIONS<br />

RCEP (ASEAN+6)<br />

ASEAN - EU<br />

Viet Nam - Ireland<br />

Viet Nam - Custom Union<br />

FTAS IN CONSIDERATION<br />

ASEAN - Canada<br />

FTAS CONCLUDED<br />

2018<br />

CPTPP<br />

2015<br />

Viet Nam - Korea<br />

Viet Nam - EU*<br />

Viet Nam - Customs Union of Russia,<br />

Belarus and Kazakhstan FTA<br />

2011<br />

Viet Nam - Chile<br />

2009<br />

ASEAN - Australia/ New Zealand<br />

ASEAN - India<br />

2008<br />

ASEAN - Japan<br />

Viet Nam - Japan<br />

2006<br />

ASEA - Korea<br />

2004<br />

ASEAN - Ch<strong>in</strong>a<br />

2003<br />

ASEAN - Korea<br />

2002<br />

ASEAN - Ch<strong>in</strong>a<br />

1995<br />

ASEAN<br />

*Note: The Brexit <strong>in</strong> June 2016 might impact the ratification process of the Viet Nam-EU FTA.<br />

28


GOODS SCHEDULE, SERVICES SCHEDULE AND<br />

VIET NAM’S FURTHER LIBERALISED MARKET<br />

Under CPTPPs commitments, Viet Nam will<br />

further enforce mutual market access to member<br />

countries by lower<strong>in</strong>g tariffs and eas<strong>in</strong>g the<br />

restrictiveness of non-tariff measures, such<br />

as import licens<strong>in</strong>g requirements, customs<br />

valuations, pre-shipment <strong>in</strong>spections, rules of<br />

orig<strong>in</strong> to qualify for preferential tariffs, local content<br />

requirements for <strong>in</strong>vestment <strong>in</strong>centives, and local<br />

sourc<strong>in</strong>g for government procurement.<br />

REGULATORY REFORM<br />

Policy development will be focused on further<br />

economic liberalisation. Dur<strong>in</strong>g preparation<br />

for WTO and other FTAs accession, Viet Nam<br />

revamped much of its legal system, mak<strong>in</strong>g<br />

revisions of major legal frameworks, specifically<br />

Labour Code, Land Law, Competition Law,<br />

Enterprise Law, <strong>Invest</strong>ment Law and Tax Laws<br />

<strong>in</strong> order to make the <strong>in</strong>vestment environment<br />

more transparent. Indeed, further <strong>in</strong>tegration <strong>in</strong>to<br />

the global economy with associated challenges<br />

relat<strong>in</strong>g to MNC’s market entries has helped<br />

revise the Vietnamese legal framework toward<br />

more transparency to conform with <strong>in</strong>ternational<br />

standards.<br />

Recently, the residential property market and<br />

the stock market went through major reform<br />

to open up for foreign <strong>in</strong>vestment. Under the<br />

new regulations, foreigners are now allowed to<br />

purchase, apartments and houses and hold 100%<br />

stake of public companies <strong>in</strong> most <strong>in</strong>dustries.<br />

The new laws on <strong>in</strong>vestment and enterprises<br />

provide a more bus<strong>in</strong>ess friendly regulatory<br />

framework for both domestic and foreign players.<br />

Although some restrictions rema<strong>in</strong>, the regulatory<br />

changes illustrate progressive approach which is<br />

typical for develop<strong>in</strong>g. Policy is also built around<br />

strengthen<strong>in</strong>g the bank<strong>in</strong>g sector, with focus<br />

on restructur<strong>in</strong>g non-perform<strong>in</strong>g loans (NPLs),<br />

transparency <strong>in</strong> report<strong>in</strong>g, and consolidation of<br />

the lenders towards <strong>in</strong>ternational standards.<br />

Under the EU-Viet Nam Free Trade Agreement<br />

(EVFTA) concluded <strong>in</strong> February 2015, both the EU and<br />

Viet Nam have pledged to abolish over 99 per cent<br />

of import duties of a wide range of goods. Depend<strong>in</strong>g<br />

on the goods, Viet Nam will have 10 years to liberalise<br />

its tariff regime, while the EU will liberalise over a sevenyear<br />

period.<br />

29


MOVING UP THE VALUE CHAIN<br />

FTAs also play an important role <strong>in</strong><br />

help<strong>in</strong>g Viet Nam move up the value<br />

cha<strong>in</strong> <strong>in</strong> a number of sectors and<br />

support<strong>in</strong>g high-skilled jobs and<br />

knowledge transfer. Viet Nam is<br />

expected to have a more significant<br />

contribution to the global and<br />

regional manufactur<strong>in</strong>g landscape<br />

with regards to textile, garment and<br />

apparel, as well as hi-tech sectors<br />

like electronics. Yet, mov<strong>in</strong>g up the<br />

value cha<strong>in</strong> will further <strong>in</strong>crease<br />

the sophistication of production<br />

processes, require additional capital<br />

<strong>in</strong>vestment, cause a grow<strong>in</strong>g<br />

demand of high-skilled labour, and<br />

an array of other considerations to<br />

take <strong>in</strong>to account such as sourc<strong>in</strong>g.<br />

FORMS OF<br />

INVESTMENT<br />

Foreign <strong>in</strong>vestors may carry out the<br />

follow<strong>in</strong>g forms of <strong>in</strong>vestment <strong>in</strong> Viet Nam:<br />

DIRECT INVESTMENT<br />

- Establishment of a new legal entity<br />

- <strong>Invest</strong>ment by way of contractual arrangement<br />

- Bus<strong>in</strong>ess Cooperation Contracts (BCC) signed with<br />

other local or foreign <strong>in</strong>vestors<br />

- Public Private Partnership (PPP) contracts with<br />

Vietnamese state bodies (e.g. Build Operate Transfer<br />

(BOT), Build Transfer Operate (BTO) and Build Transfer<br />

(BT), Build Own Operate (BOO), Build Transfer Lease<br />

(BTL), Build Lease Transfer (BLT), Operation and<br />

Management (O&M))<br />

- <strong>Invest</strong>ment by way of share/capital acquisition of an<br />

exist<strong>in</strong>g entity<br />

INDIRECT INVESTMENT<br />

- Purchase of shares, share certificates, bonds<br />

and other valuable papers traded on the stock<br />

exchanges;<br />

- By way of securities <strong>in</strong>vestment funds;<br />

- <strong>Invest</strong>ment through other <strong>in</strong>termediary<br />

f<strong>in</strong>ancial <strong>in</strong>stitutions.<br />

30


INVESTMENT PROCEDURES<br />

Foreign <strong>in</strong>vestors who <strong>in</strong>vest <strong>in</strong> Viet Nam for the first time must have <strong>in</strong>vestment<br />

projects. The <strong>in</strong>vestment procedures vary, depend<strong>in</strong>g on each <strong>in</strong>vestment form:<br />

NO.<br />

INVESTMENT<br />

FORM<br />

1<br />

Establishment<br />

of a legal<br />

entity<br />

INVESTMENT<br />

PROCEDURE<br />

(i) Application<br />

for an<br />

<strong>Invest</strong>ment<br />

Registration<br />

Certificate (IRC)<br />

(ii) Application<br />

for an Enterprise<br />

Registration<br />

Certificate<br />

(“ERC”)<br />

LICENSING AUTHORITY<br />

- <strong>Invest</strong>ment Registration<br />

Division of prov<strong>in</strong>cial<br />

Department of Plann<strong>in</strong>g and<br />

<strong>Invest</strong>ment (DPI); or<br />

- Management Board of<br />

special purpose zones<br />

STATUTORY<br />

TIMEFRAME (*)<br />

Bus<strong>in</strong>ess Registration<br />

03<br />

Division of prov<strong>in</strong>cial DPI<br />

WORKING<br />

DAYS<br />

NOTE<br />

15 DAYS<br />

The In-pr<strong>in</strong>ciple approval of the<br />

National Assembly, Prime M<strong>in</strong>ister,<br />

or prov<strong>in</strong>cial People’s Committee<br />

before the issuance of IRC shall<br />

be required <strong>in</strong> case of <strong>in</strong>vestment<br />

projects which make significant<br />

economic-social impacts as<br />

stipulated at law.<br />

<strong>Invest</strong>ment<br />

by way of<br />

contractual<br />

arrangement<br />

2<br />

Bus<strong>in</strong>ess<br />

Corporation<br />

Contract –<br />

BCC<br />

(i) Application<br />

for an IRC<br />

(ii) Application<br />

for a Certificate<br />

of Operation<br />

Registration<br />

(“COR”) for the<br />

foreign <strong>in</strong>vestors’<br />

project offices<br />

- <strong>Invest</strong>ment Registration<br />

Division of prov<strong>in</strong>cial DPI; or<br />

- Management Board of<br />

special purpose zones<br />

Bus<strong>in</strong>ess Registration<br />

Division of prov<strong>in</strong>cial DPI<br />

15 DAYS<br />

15 DAYS<br />

The In-pr<strong>in</strong>ciple approval of the<br />

National Assembly, Prime M<strong>in</strong>ister,<br />

or prov<strong>in</strong>cial People’s Committee<br />

before the issuance of IRC shall<br />

be required <strong>in</strong> case of <strong>in</strong>vestment<br />

projects which make significant<br />

economic-social impacts as<br />

stipulated at law.<br />

Public Private<br />

Partnership –<br />

PPP<br />

(i) Application<br />

for an IRC<br />

- M<strong>in</strong>istry of Plann<strong>in</strong>g and<br />

<strong>Invest</strong>ment; or<br />

- Local People’s Committee<br />

25 DAYS<br />

3<br />

<strong>Invest</strong>ment<br />

by way of<br />

share/capital<br />

acquisition<br />

(ii) Application<br />

for an ERC<br />

(i) Application<br />

for approval for<br />

share/capital<br />

acquisition<br />

(ii) Application<br />

for updat<strong>in</strong>g<br />

the new<br />

sharehold<strong>in</strong>g<br />

members<br />

Bus<strong>in</strong>ess Registration<br />

03<br />

Division of prov<strong>in</strong>cial DPI<br />

WORKING<br />

DAYS<br />

<strong>Invest</strong>ment Registration<br />

08<br />

Division of prov<strong>in</strong>cial DPI<br />

WORKING<br />

DAYS<br />

Bus<strong>in</strong>ess Registration<br />

03<br />

Division of prov<strong>in</strong>cial DPI<br />

WORKING<br />

DAYS<br />

31<br />

This step is required <strong>in</strong> the follow<strong>in</strong>g<br />

cases:<br />

(i) The Target operat<strong>in</strong>g <strong>in</strong><br />

conditional bus<strong>in</strong>ess <strong>in</strong>dustries<br />

applicable to foreign <strong>in</strong>vestors; or<br />

(ii) As a result of the acquisition,<br />

the share held by foreign <strong>in</strong>vestors<br />

<strong>in</strong>creases and account for 51% or<br />

more.<br />

(*)<br />

Where the <strong>in</strong>vestment projects are subject to the In-pr<strong>in</strong>ciple approval of the National Assembly, Prime M<strong>in</strong>ister or prov<strong>in</strong>cial People’s Committee;<br />

and/or subject to evaluation by various competent authorities, the above timel<strong>in</strong>e will be longer


ENCOURAGED<br />

INVESTMENT SECTORS<br />

IN DA NANG<br />

SERVICES<br />

Tourism<br />

Real estate<br />

Trade<br />

Health care<br />

Education and tra<strong>in</strong><strong>in</strong>g<br />

Airport and seaport logistics<br />

Bank<strong>in</strong>g and f<strong>in</strong>ance<br />

Insurance<br />

Postal services<br />

Information and media<br />

Freight forward<strong>in</strong>g & transportation<br />

Technological transfer & <strong>Invest</strong>ment consultancy<br />

Bus<strong>in</strong>ess support<br />

Other services<br />

INDUSTRY<br />

High-tech <strong>in</strong>dustries<br />

Software production<br />

Telecommunication equipment production<br />

Optoelectronics<br />

Biotech<br />

Comb<strong>in</strong>ational circuit, semi conductors<br />

Precision mechanics<br />

New materials production<br />

Environment protection equipment<br />

Support<strong>in</strong>g <strong>in</strong>dustries<br />

Hi-tech Agriculture<br />

32


DA NANG INVESTMENT PROMOTION AGENCY<br />

IPA <strong>Da</strong> <strong>Nang</strong>, established and directly managed by the <strong>Da</strong><br />

<strong>Nang</strong> People’s Committee, is a government agency with<br />

advisory function to the People’s Committee with respect<br />

to organiz<strong>in</strong>g and manag<strong>in</strong>g promotion activities to call<br />

for <strong>in</strong>vestments from both domestic and foreign <strong>in</strong>vestors<br />

<strong>in</strong>to <strong>Da</strong> <strong>Nang</strong>. IPA <strong>Da</strong> <strong>Nang</strong> is <strong>in</strong> charge of support<strong>in</strong>g<br />

<strong>in</strong>vestors and facilitat<strong>in</strong>g the establishment and operation<br />

of <strong>in</strong>vestment projects <strong>in</strong> the city.<br />

IPA <strong>Da</strong> <strong>Nang</strong> is a reliable partner for <strong>in</strong>vestors, serv<strong>in</strong>g as a<br />

bridge between the <strong>in</strong>vestors and the municipal authorities.<br />

MISSIONS:<br />

Provide organizations, enterprises and <strong>in</strong>vestors with<br />

<strong>in</strong>formation regard<strong>in</strong>g to market, legal regulations,<br />

policies, <strong>in</strong>vestment procedures, partners and potential<br />

for socio-economical development and <strong>in</strong>vestment<br />

opportunities <strong>in</strong> <strong>Da</strong> <strong>Nang</strong><br />

CONTACT:<br />

Address:<br />

Floor 18, <strong>Da</strong> <strong>Nang</strong><br />

Adm<strong>in</strong>istration Center,<br />

24 Tran Phu St., <strong>Da</strong> <strong>Nang</strong> City,<br />

Viet Nam<br />

Tel: 84-236-3886243<br />

Fax: 84-236-3810056<br />

Email:<br />

Website:<br />

JAPAN DESK<br />

ipa@danang.gov.vn<br />

www.<strong>in</strong>vestdanang.gov.vn<br />

(managed by IPA <strong>Da</strong> <strong>Nang</strong> to support Japanese <strong>in</strong>vestors)<br />

Tel: 84-236-3886244<br />

Email:<br />

japandesk@danang.gov.vn<br />

Advise <strong>in</strong>vestors on legal, f<strong>in</strong>ancial and other issues<br />

associated with <strong>in</strong>vestments<br />

Contact and refer to other local government<br />

departments and agencies specialized on land<br />

and <strong>in</strong>frastructural facilities required to implement<br />

<strong>in</strong>vestment projects<br />

Assist <strong>in</strong>vestors with <strong>in</strong>vestment procedures dur<strong>in</strong>g<br />

the project preparation, apply<strong>in</strong>g for registration of<br />

<strong>in</strong>vestment and bus<strong>in</strong>ess certificates as well as<br />

post-certificate <strong>in</strong> accordance with the law<br />

Receive, review and submit <strong>in</strong>vestors’ proposals and<br />

recommendations to relevant authorities for settlement<br />

Organize promotion activities on <strong>in</strong>vestment<br />

climate and opportunities <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> (conferences,<br />

workshops, forums, fairs and exhibitions, etc.) and<br />

bus<strong>in</strong>ess network<strong>in</strong>g<br />

Organize tra<strong>in</strong><strong>in</strong>g programs related to legal updates<br />

and skills relevant to bus<strong>in</strong>ess and <strong>in</strong>vestment<br />

Provide support and customized services <strong>in</strong> terms of<br />

establish<strong>in</strong>g and implement<strong>in</strong>g <strong>in</strong>vestment projects<br />

IPA <strong>Da</strong> <strong>Nang</strong> always goes hand <strong>in</strong> hand with <strong>in</strong>vestors<br />

and offer qualified services to meet their various needs<br />

33


HIGH-TECH<br />

PHARMACEUTICAL ENTERPRISE<br />

REACHING INTERNATIONAL<br />

STANDARDS<br />

DANAPHA HI-TECH PHARMACEUTICAL COMPLEX<br />

DANAPHA PHARMACEUTICAL JSC<br />

253 Dung Si Thanh Khe, Thanh Khe District, <strong>Da</strong> <strong>Nang</strong> City<br />

Tel: (+84)236 3757676 · www.danapha.com


SDN - 2018 WILL BE A NEW BREAKING YEAR<br />

Sai Gon – <strong>Da</strong> <strong>Nang</strong> <strong>Invest</strong>ment Corporation (SDN) is a member of Saigon <strong>Invest</strong>ment Group (SGI) which is<br />

one of the most pioneer<strong>in</strong>g, prestigious and experienced groups <strong>in</strong> attract<strong>in</strong>g foreign direct <strong>in</strong>vestment (FDI),<br />

specializ<strong>in</strong>g <strong>in</strong> develop<strong>in</strong>g <strong>in</strong>dustrial parks (IPs), build<strong>in</strong>g and manag<strong>in</strong>g urban areas, resorts, hotels and hi-tech<br />

parks. Inherit<strong>in</strong>g the core values and strategic development orientations from SGI, SDN has started <strong>in</strong> 2017 with<br />

many projects call<strong>in</strong>g for <strong>in</strong>vestment <strong>in</strong> 02 <strong>in</strong>dustrial zones: Expanded Hoa Khanh IP (132.6 hectares), Lien Chieu<br />

IP (289,35 hectares) and also near<strong>in</strong>g completion on the construction of Dragon City Park project, Bau Tram<br />

Lakeside project, Hoa Khanh Expanded Residential Area and An Vien Residential Area.<br />

Uphold<strong>in</strong>g to attract <strong>in</strong>vestment <strong>in</strong> <strong>in</strong>dustrial zones<br />

The Expanded Hoa Khanh IP and Lien Chieu IP are located<br />

<strong>in</strong> one of the most favorable locations for <strong>in</strong>dustrial<br />

development <strong>in</strong> <strong>Da</strong> <strong>Nang</strong> City: convenient transportation,<br />

abundant labor force, temperate climate, stable water supply<br />

and electricity supply, easy connection and l<strong>in</strong>kage with<br />

other <strong>in</strong>dustrial parks to form a comprehensive <strong>in</strong>dustrial<br />

development network. In addition, the two <strong>in</strong>dustrial parks<br />

are adjacent to National Road No.1A, between the two major<br />

economic centers of the country (Ha Noi and Ho Chi M<strong>in</strong>h),<br />

adjacent to the new Lien Chieu deep water seaport (expected<br />

to be operated <strong>in</strong> 2022) and about 30 km away from Tien Sa<br />

seaport which is the largest port <strong>in</strong> central regions and is<br />

the easternmost po<strong>in</strong>t of the East-West Economic Corridor<br />

between Laos, Myanmar, Thailand and Vietnam.<br />

Identify<strong>in</strong>g these advantages together with a desire to<br />

develop further, SDN has <strong>in</strong>vested <strong>in</strong> the <strong>in</strong>frastructure<br />

to develop for the two <strong>in</strong>dustrial parks with synchronous<br />

water and electricity supply network, modern wastewater<br />

treatment plant, complete transport system, <strong>in</strong>land customs<br />

depot (ICD), green tree system and security system…As<br />

a result, the two IPs has attracted many various domestic<br />

and foreign <strong>in</strong>vestors with typical companies such as: TCIE<br />

Vietnam Co., Ltd (Manufacture and assembly of Nissan<br />

cars), TC Motor Vietnam Co., Ltd, Crown <strong>Da</strong> <strong>Nang</strong> Beverages<br />

Pack<strong>in</strong>g, Yusen Logistics Vietnam Co., Ltd, Logitem Vietnam<br />

Corporation, Vietnam Post Corporation, <strong>Da</strong> <strong>Nang</strong> Rubber<br />

Company (DRC)... with disbursed <strong>in</strong>vestment capital up to<br />

hundreds of millions of dollars.


2018 – Opportunities, Challenges and Resolutions<br />

Accord<strong>in</strong>g to the World Bank reports, Viet Nam cont<strong>in</strong>ues<br />

to be an ideal and safe dest<strong>in</strong>ation for overseas companies<br />

<strong>in</strong> the next phase. In fact, Viet Nam has attracted over $US<br />

35 billion of dollars of foreign direct <strong>in</strong>vestment <strong>in</strong> 2017<br />

with total export turnover about $US 200 billion of dollars.<br />

Although the <strong>in</strong>vestment attractions is quite considerable<br />

but total FDI capital <strong>in</strong>flow to <strong>Da</strong> <strong>Nang</strong> account<strong>in</strong>g for a small<br />

ratio ($111,9 million USD <strong>in</strong> 2017) even <strong>Da</strong> <strong>Nang</strong> municipal<br />

government has strived to attract more <strong>in</strong>vestment as well<br />

as to create more <strong>in</strong>centive conditions for FDI companies <strong>in</strong><br />

<strong>Da</strong> <strong>Nang</strong> city. <strong>Da</strong> <strong>Nang</strong> support<strong>in</strong>g <strong>in</strong>dustries do not develop<br />

synchronously and adequately, shortage of skilled workers,<br />

limited land fund for <strong>in</strong>dustry development, limited material<br />

resources, high transportation cost, city’s economic<br />

policies ma<strong>in</strong>ly prioritiz<strong>in</strong>g tourism development and hightech<br />

<strong>in</strong>dustry have affected the <strong>in</strong>vestment decisions of<br />

companies when they f<strong>in</strong>d out the <strong>in</strong>vestment opportunities<br />

<strong>in</strong> the Expanded Hoa Khanh Industrial Park and Lien Chieu<br />

Industrial Park. Despite the above difficulties, however,<br />

<strong>in</strong> 2017, our company have determ<strong>in</strong>ed to attract more<br />

<strong>in</strong>vestments <strong>in</strong> our two <strong>in</strong>dustrial parks with 07 companies<br />

with total <strong>in</strong>vestment more than 18 million USD. Up to now,<br />

the occupancy rate of the expanded Hoa Khanh Industrial<br />

Park and Lien Chieu Industrial Park are 82% and 67%<br />

respectively.<br />

In addition, <strong>Da</strong> <strong>Nang</strong> municipal government has been<br />

actively focus<strong>in</strong>g on <strong>in</strong>dustrial development, aim<strong>in</strong>g for<br />

susta<strong>in</strong>able development <strong>in</strong> recent time. The downward<br />

trend of <strong>in</strong>dustrial development <strong>in</strong>dicators and foreign<br />

total <strong>in</strong>vestment capital has urged <strong>Da</strong> <strong>Nang</strong> city’s leaders<br />

to take actions to recover the city’s <strong>in</strong>dustrial development.<br />

Lien Chieu deep sea port has been chosen to construct as<br />

soon as possible to support the logistics and <strong>in</strong>dustries<br />

and Mr. Nguyen Van The (M<strong>in</strong>ister of Transport) agrees for<br />

<strong>Da</strong> <strong>Nang</strong>’s municipal government to be the <strong>in</strong>vestor and<br />

prioritiz<strong>in</strong>g to allocate the capital to develop this project <strong>in</strong><br />

his bus<strong>in</strong>ess trip to <strong>Da</strong> <strong>Nang</strong> city on 2nd March 2018. In<br />

addition, Mr.Truong Quang Nghia (the secretary of the <strong>Da</strong><br />

<strong>Nang</strong> Party Committee) also emphasized the speed<strong>in</strong>g up<br />

of the <strong>Da</strong> <strong>Nang</strong> Railway Station’s relocation <strong>in</strong> the form of<br />

PPP to <strong>in</strong>crease the connectivity of railway, road, sea and air<br />

routes. At the same time, the city leaders also actively urged<br />

the construction of 02 expressways: <strong>Da</strong> <strong>Nang</strong> - Quang Ngai<br />

expressways (expected to be completed <strong>in</strong> Q2/2018) and<br />

La Son - Tuy Loan (expected quarter IV / 2018 completed) to<br />

<strong>in</strong>crease regional connectivity. Upcom<strong>in</strong>g time, if the above<br />

projects are simultaneously implemented, it will help the<br />

city to <strong>in</strong>crease competitiveness <strong>in</strong> attract<strong>in</strong>g <strong>in</strong>vestment<br />

<strong>in</strong> the <strong>in</strong>dustrial zones especially for Lien Chieu Industrial<br />

Park which will have restarted operations after the delayed<br />

construction of Lien Chieu deep-water port as well as other<br />

planned <strong>in</strong>dustrial parks of the city.<br />

To pioneer the <strong>in</strong>vestment opportunities and ensure the<br />

capacity of waste water treatment when Lien Chieu deepwater<br />

seaport <strong>in</strong>to operation, Saigon <strong>Da</strong>nang <strong>Invest</strong>ment<br />

Corporation has <strong>in</strong>vested two new waste water treatment<br />

plant: Hoa Khanh Wastewater Treatment Plant and Lien<br />

Chieu Wastewater Treatment Plant (under trial operation)<br />

with a total <strong>in</strong>vestment of more than VND 40 billion with<br />

maximum capacity of 2000 m3/day and 6000 m 3 /day<br />

respectively <strong>in</strong> 2017, reflect<strong>in</strong>g the company’s determ<strong>in</strong>ation<br />

to welcome <strong>in</strong>vestment opportunities to secure waste<br />

water treatment from 2 <strong>in</strong>dustrial parks managed and<br />

<strong>in</strong>vested by SDN.<br />

In 2018, the Board of Directors of Saigon <strong>Da</strong> <strong>Nang</strong><br />

<strong>Invest</strong>ment Corporation altogether with our staff<br />

determ<strong>in</strong>ed to strive to attract more foreign <strong>in</strong>vestors to<br />

develop stronger, contribute to the development of <strong>Da</strong> <strong>Nang</strong><br />

<strong>in</strong>dustry as well as actively support<strong>in</strong>g, remov<strong>in</strong>g obstacles<br />

for <strong>in</strong>vestors to their peace of m<strong>in</strong>d to do bus<strong>in</strong>ess, create<br />

more jobs and contribute to the development of <strong>Da</strong> <strong>Nang</strong><br />

city more prosperity and beautiful. In the past time SDN<br />

Company has <strong>in</strong>vested <strong>in</strong> build<strong>in</strong>g complete <strong>in</strong>frastructure,<br />

ready to provide clean land reserve, standard workshops<br />

to be ready to meet and serve the <strong>in</strong>vestor’s demands.<br />

Our efforts comb<strong>in</strong>ed with the simple mechanism of<br />

<strong>in</strong>vestment procedures of the <strong>Da</strong> <strong>Nang</strong> government will<br />

satisfy <strong>in</strong>vestors’ requirements. When <strong>in</strong>vestors come to<br />

<strong>Da</strong> <strong>Nang</strong>, they always feel safe upon cooperat<strong>in</strong>g with our<br />

company as the best choice, a reliable partner with strong<br />

reputation.<br />

Saigon - <strong>Da</strong>nang <strong>Invest</strong>ment Corporation (SDN)<br />

Address: 61A Nguyen Van Cu, Lien Chieu District, <strong>Da</strong> <strong>Nang</strong> City, Viet Nam<br />

Email: sdn@danang<strong>in</strong>vest.com<br />

Tel: (84) 236 3770998 Fax: (84) 236 3770997<br />

Website: www.danang<strong>in</strong>vest.com<br />

Hotl<strong>in</strong>e: 01225.770997 (Mr.Thanh), 01225.770998 (Ms Nhi).


26 Bach <strong>Da</strong>ng St., Hai Chau District, <strong>Da</strong> <strong>Nang</strong>, Viet Nam<br />

(+84) 236 3822 163 - (+84) 236 3822 515<br />

cangdn@danangport.com<br />

www.danangport.com<br />

0<br />

7<br />

21 18<br />

18<br />

18<br />

Ma<strong>in</strong> Services<br />

Ngành nghề k<strong>in</strong>h doanh<br />

Conta<strong>in</strong>er and General Cargo<br />

handl<strong>in</strong>g services<br />

Khai thác tàu, hàng conta<strong>in</strong>er và tổng hợp


VERSION 2018

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