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Da Nang introduces potential to attract Austrian businesses to invest in finance and digital technology

DNO - During the working program in Austria, on November 17, at the Vietnamese Embassy in Austria, Da Nang city coordinated with the Embassy to organize a business roundtable discussion on the topic "Da Nang - Emerging financial and technology center in Vietnam".

Báo Đà NẵngBáo Đà Nẵng19/11/2025

Deputy Secretary of the City Party Committee Ngo Xuan Thang speaks at the seminar. Photo: PV
Deputy Secretary of the City Party Committee Ngo Xuan Thang speaks at the seminar. Photo: PV

Attending the discussion were Deputy Secretary of the City Party Committee Ngo Xuan Thang; Permanent Vice Chairman of the City People's Committee Ho Ky Minh; leaders of city departments and branches and leaders of the Vietnamese Embassy in Austria.

At the seminar, the city leaders said that Da Nang is a central urban area in the Central region, holding a strategic position connecting North - South, East - West and lying on the East - West Economic Corridor.

With synchronous transport infrastructure such as Tien Sa port, international airport, modern logistics system and high-quality living environment, Da Nang is considered a dynamic and competitive city.

In its development orientation, Da Nang identifies finance and technology as two strategic pillars for sustainable growth. The city is implementing the International Financial Center project, aiming to form a modern financial - commercial - service area, attracting financial institutions, investment funds, Fintech and technology enterprises.

The goal is to develop a comprehensive financial ecosystem, promote innovation and initiate smart financial products.

Giving souvenirs. Photo: PV
Deputy Secretary of the City Party Committee Ngo Xuan Thang (second from right) presents souvenirs. Photo: PV

At the same time, Da Nang focuses on the fields of semiconductors, artificial intelligence (AI), big data and automation, strengthening links between universities and businesses to train high-quality human resources.

The seminar is an opportunity for the city to learn from Austria's experience, in order to build an effective cooperation model for sustainable development.

In the discussion with the theme "Building a Vietnam International Financial Center in Da Nang - Vision, Strategy and Global Cooperation", the city's leaders emphasized that the formation of a regional financial center is not only a strategic step to enhance Da Nang's economic position, but also contributes to shaping Vietnam's future sustainable growth.

City leaders affirmed that the development strategy needs to be implemented synchronously from perfecting institutions, attracting high-quality human resources, expanding financial and technological infrastructure to building a competitive and safe business environment.

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Delegates take souvenir photo. Photo: PV

At the Business Information Session: Perspectives from Austrian Financial and Investment Partners, leading Austrian financial institutions shared their experiences and potential for cooperation with the IFC Da Nang initiative.

At the second session with the theme “Da Nang - Vietnam's new Silicon Valley”, the city introduced its outstanding potential to become the country's high-tech hub.

Da Nang has synchronous infrastructure, quality living environment, abundant IT human resources and a rapidly growing innovation ecosystem.

The city is accelerating the development of High-Tech Parks, research centers, startup support programs and attracting international experts.

Da Nang also expands investment opportunities in semiconductors and AI, including component manufacturing, microchip design and AI applications. The city is committed to creating a transparent and favorable investment environment, accompanying businesses to promote the formation of Vietnam's "new Silicon Valley".

Concluding the discussion, Deputy Secretary of the City Party Committee Ngo Xuan Thang highly appreciated the contributions, saying that the sharing helped Da Nang add many strategic perspectives to its development orientation.

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Working session scene. Photo: PV

The Deputy Secretary of the City Party Committee emphasized that Da Nang is entering a new phase with the goal of becoming an economic, financial, technological and innovation center of the Central region and the whole country; aiming to build an international financial center and "Vietnam's new Silicon Valley".

The city hopes to strengthen cooperation with Austria and Europe in research, technology transfer, human resource training, data development, cyber security, smart cities and green finance.

With a transparent investment environment, preferential policies and modern public services, Da Nang is committed to accompanying businesses and hopes to soon become a leading technology - financial center.

* On the same day, the delegation attended a working session with the Austrian Federal Office to discuss cybersecurity networks, data center development, digitalization of public services and digital solutions for people.

The delegation received and worked with the Vietnamese Embassy in Austria to strengthen coordination in investment promotion, boost bilateral cooperation and support connections with European partners and businesses in areas that Da Nang is prioritizing for development.

* In addition, the delegation also had a working session with businesses from Austria and Slovakia operating in the fields of technology, finance and investment, including Ms. Sabina Rehusova, Director of International Development for Asia of SEC Technologies and Ms. Claudia Alner, Director of Investor Relations of Crowdberry Fund and the World Bank (WB).

The meeting aimed to strengthen connections, exchange cooperation needs and seek new investment opportunities. This was an opportunity for Da Nang to introduce its development orientation, listen to proposals from international partners, thereby expanding its cooperation network and promoting investment attraction in the fields of high technology, innovation and strategic infrastructure.

Source: https://baodanang.vn/da-nang-gioi-thieu-tiem-nang-thu-hut-doanh-nghiep-ao-dau-tu-linh-vuc-tai-chinh-cong-nghe-so-3310563.html


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