Event and investment destination
From the second half of August 2025, a series of large-scale investment promotion events will be organized by the city in collaboration with its partners.
On August 18th, an investment promotion conference themed "Creating a Development Space with the Da Nang Free Trade Zone" was organized by the Da Nang City People's Committee and the Management Board of Da Nang High-Tech Park and Industrial Zones.
This event took place after the Prime Minister issued Decision No. 1142/QD-TTg on the establishment of the Da Nang Free Trade Zone with a total area of 1,881 hectares, comprising 7 functional zones.
Each region plays a distinct role, but they all aim towards the common goal of promoting international integration, applying superior preferential mechanisms in customs, taxation, logistics, investment, technology, and services, thereby forming a new growth pole for the Central and Central Highlands regions.
On August 26th and 27th, over 3,500 delegates arrived in Da Nang to attend HorecFex 2025 – the largest HORECA (hotel, restaurant, and food service) industry technology exhibition and forum in Vietnam, organized by the Vietnam Hotel Association in collaboration with the Ariyana International Convention Center.
Mr. Nguyen Trung Khanh, Director of the National Tourism Administration (Ministry of Culture, Sports and Tourism), assessed this as a groundbreaking event that promotes innovation and cooperation in the HORECA industry; and affirmed that the forum is a great opportunity for businesses to optimize management, embrace new technologies, and promote sustainable development for the industry.
In particular, from August 28th to 30th, the Da Nang City People's Committee, together with the Central Policy and Strategy Committee, organized the Da Nang Finance and Tech Week 2025 (DFTW). This is a series of important activities aimed at promoting international cooperation, attracting investment, and developing key science and technology sectors that Da Nang is focusing on and prioritizing.
These events include: the Vietnam Annual Financial Forum 2025 (August 28); Vietnam Blockchain Day 2025 (August 29); and Da Nang Semiconductor Day 2025 (August 30), promoting the potential, advantages, and opportunities for cooperation and investment in Da Nang and Vietnam to the business community, investors, and international organizations.
At DFTW 2025, a series of memoranda of cooperation were exchanged between the city and domestic and international partners. Specifically: Vietnam Foreign Trade Commercial Bank (Vietcombank), Tether Operations Group, SSI Securities Corporation, Vietnam Payment Solutions Corporation (VNPAY), ARK Global Corp, APEXGROUP, Global Green Growth Institute (GGGI), Metis Research Institute, Swiss Finance Technology Association, Vietnam Young Entrepreneurs Association in Europe (VYBE)…
Through this, the aim is to build Da Nang's brand into a new center for international finance, innovation, and core technology in Vietnam and the region, developing rapidly and sustainably based on science, technology, innovation, and international integration.
A series of projects have been launched and commenced.
On August 19th, the Da Nang Downtown high-end cultural, entertainment, and commercial complex project was launched by Sun Group with a total investment of approximately VND 79,790 billion and a scale of 76.92 hectares, including: a cultural and entertainment park, a theater, a commercial street, a green park along the Han River, and a 69-story iconic tower, the tallest in Central Vietnam.
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Shortly thereafter, on August 27th, Sun Group and the Da Nang City People's Committee held a groundbreaking ceremony to launch the investment, construction, and business of infrastructure in functional area No. 5 - Da Nang City Free Trade Zone, with a total investment of over 808 billion VND on an area of 90 hectares; cable car line No. 9 and a cluster of resort hotels, entertainment centers, and multi-purpose performance venues belonging to the Ba Na - Suoi Mo ecological and urban tourism complex… with a scale of up to 52,000 billion VND.
On August 28th, THACO Group held a groundbreaking ceremony for the expansion of the Chu Lai Truong Hai Automotive Mechanical Industrial Park, planned on an area of 115 hectares with a total investment of nearly 8,000 billion VND. This expanded mechanical center will play a role in connecting mechanical products and spare parts from THACO's existing factories in Chu Lai, creating automated equipment, intelligent control systems, and high-tech products.
Mr. Nguyen Hoang Tue, Deputy General Director of THACO Group and General Director of THADICO Agricultural and Industrial Construction Company Limited, stated that THACO will continue to develop a highly qualified and specialized workforce, inviting experts from both within and outside the country. This will enhance its innovation capabilities, create technologically groundbreaking products, meet market trends and demands, and participate deeply in the global supply chain.
On the same day, IPTP Networks, a global telecommunications and infrastructure group, launched the AIDC DeCenter data center project at the Da Nang High-Tech Park.
According to Vu Quang Hung, Head of the Management Board of Da Nang High-Tech Park and Industrial Zones, the AIDC DeCenter data center has a total registered investment of 20 million USD in phase 1 and the total investment for the entire project is expected to be around 200 million USD.
The project is expected to begin construction of the plant in the fourth quarter of 2025 and officially commence operations in the fourth quarter of 2027.
The successful attraction of a data center project to the Da Nang High-Tech Park is a testament to the strong development and reliable investment destination of Da Nang, a high-tech hub in the Central and Central Highlands regions.
Foreign direct investment (FDI) attraction increased ninefold.
According to the socio-economic report for August and the first eight months of 2025, recently published by Da Nang Statistics, from August 1st to August 20th, 2025, domestic investment attracted reached VND 77,385 billion, including 3 newly approved projects with a total capital of VND 1,986 billion and 1 project with an additional capital increase of VND 75,399 billion. Overall, for the first eight months of 2025 (from January 1st to August 20th, 2025), total domestic investment reached VND 140,470 billion.
Regarding attracting foreign direct investment (FDI), from August 1st to August 20th, 2025, Da Nang attracted $94.9 million, more than nine times higher than the same period last year; including 10 newly licensed projects with a total registered capital of $94.8 million.
From January 1st to August 20th, 2025, the city attracted $333.3 million in investment; including 72 newly approved projects with registered capital of $225.9 million; 24 projects with capital adjustments totaling $86 million; and 29 instances of equity purchases in economic organizations with a total value of $21.5 million.
According to Mr. Tran Van Vu, Head of Statistics in Da Nang, Da Nang is asserting its position as an attractive investment destination thanks to its strategic geographical advantages, a progressively synchronized infrastructure system, a young and dynamic workforce, and an increasingly open policy environment. With a focus on attracting high-quality capital flows, the city aims to be a pioneer in developing the digital economy, building smart cities, and promoting green growth.
At recent major investment promotion conferences and events, city leaders affirmed: "The success of investors is the success of the city." The Da Nang government reaffirmed its commitment to supporting and creating the most favorable conditions for investment projects to be implemented effectively and sustainably. At the same time, it requested city departments and agencies to urgently participate in supporting investors in implementing their projects.
Ms. Tran Thi Thanh Tam, Director of the Department of Finance, said that the department will continue to coordinate with other departments and agencies to advise the City People's Committee on organizing a communication campaign to promote Da Nang as a tourist destination and the Vietnam International Financial Center in Da Nang in several major financial cities; and advise on criteria for selecting members of the Financial Center and strategic investors to be ready to welcome investors.
Source: https://baodanang.vn/da-nang-but-pha-thu-hut-dau-tu-3300991.html
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