According to the City Investment Promotion and Support Board. Da Nang currently has 230 foreign direct investment (FDI) projects from Japan, with a total investment capital of more than 1 billion USD, accounting for 25% of total FDI investment capital in Da Nang. Japanese enterprises have made positive contributions to economic development, creating jobs for thousands of local workers in recent times.
In recent years, many Japanese businesses have chosen Da Nang "good land" to invest in production and business development. Many businesses have had strong growth in both investment capital and scale of operations.
In the development strategy, City. Da Nang orientation to 2025 “City. Da Nang has become a start-up and innovation city, a major socio-economic center of the country, the nucleus of the urban chain and the growth pole of the key economic region of the Central and Central Highlands regions; National defense - security and sovereignty over seas and islands are firmly guaranteed; strive to build a rich, beautiful, peaceful, civilized and modern city."
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| Da Nang signed a cooperation agreement with Pasona Group - Japan |
The goal by 2030 is to build Da Nang into one of the major socio-economic centers of the country and Southeast Asia. By 2045, Da Nang will become a large, ecological and smart urban area, a center for startups, innovation and a livable coastal city at the Asian level.
In particular, Da Nang focuses on developing 5 key areas: Tourism and high-quality services associated with resort real estate; Seaports and airlines associated with logistics services; Industry and high technology associated with creative urban construction and startups; Information technology, electronics, and telecommunications industries associated with the digital economy; High-tech agricultural and fishery products.
Implementing the above goal, the City continues to attract FDI enterprises to invest in areas where Da Nang has strengths and has a long-term development orientation, in accordance with the green and sustainable development trend. Among them, the city government. Da Nang pays great attention to attracting businesses from Japan.
According to the City Investment Promotion and Support Board. Da Nang currently has 230 FDI projects from Japan, with a total investment capital of more than 1 billion USD, accounting for 25% of total FDI investment capital in Da Nang. Japanese businesses have made positive contributions to economic development, employing thousands of local workers in recent times.
Ms. Do Thi Quynh Tram, Deputy Director of the City Investment Promotion and Support Department. Da Nang said that Japan is a key market that Da Nang continues to focus on inviting investors to learn about and invest in industries and fields in the city. Da Nang has competitive advantages and development potential such as: high-tech industry, information technology, semiconductor chip industry, supporting industries, finance, high-quality services, logistics...
In fact, many businesses that have been doing business for a long time in Da Nang highly appreciate the creation of conditions and support for business development. According to JETRO leaders, Da Nang has land prices that are only 1/3 and labor prices that are 20% cheaper than Hanoi and City. Ho Chi Minh. The labor source and infrastructure ensure production activities such as hard ground, so the cost of piling construction is reduced, and the factory construction price is also cheaper than other localities. The city also plans to build Lien Chieu Port, new industrial parks and clusters next to the High-Tech Park, Centralized Information Technology Park, well-functioning industrial parks and software parks that will create more favorable for investors in the near future.
Recently, a Memorandum of Cooperation between the Da Nang Investment Promotion and Support Board and Pasona Group (Japan) with a term of 3 years 2023-2025 was signed by the two parties. Pasona Group Japan is known as a large general human resources corporation, among the top 2 in Japan. Currently, this Group has more than 3 branch offices in 50 territories and countries worldwide. This is the basis for Da Nang to achieve the goal of promoting cooperation and promoting investment attraction from Japan. Thereby, the parties focused on implementing activities in two main areas: supporting businesses to expand investment and business and supporting human resource development in Da Nang.
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| Murata Manufacturing Vietnam Co., Ltd., one of the Japanese enterprises investing in Da Nang |
On March 19, 3, at the meeting between Consul General of Japan Yakabe Yoshinori and Chairman of the City People's Committee. Da Nang Le Trung Chinh, Japanese Consul General Yakabe Yoshinori affirmed that he will continue to call for Japanese businesses to invest in the city. Mr. Yakabe Yoshinori highly appreciated the potentials and advantages of Da Nang in socio-economic development. To attract more Japanese businesses, Mr. Yakabe Yoshinori suggested that Da Nang leaders develop and expand human resources in fields such as: Industry, high technology, semiconductor microchips... to avoid resource shortages. human resources, causing loss of investment opportunities.
Mr. Le Trung Chinh highly appreciated the role and positive contribution of Japanese Consul General Yakabe Yoshinori in efforts to promote the growing friendship and bilateral cooperation between the two countries in general and Da Nang in general. private; At the same time, it is proposed that the Japanese Consulate General continue to support Da Nang in connecting with Japanese partners, corporations, and business associations in introducing and promoting the city and promoting connections with Japanese businesses. Capable Japanese investors come to cooperate and invest in Da Nang.
