>>> Da Nang posts sharp increase in domestic investment
Da Nang’s total development investment was estimated at over VND7 trillion in the first quarter, down 8.1% compared to the same period last year.
The FDI sector has seen a rise in investment attraction thanks to the implementation of several big projects, notably the Sunshine aerospace components manufacturing facility launched by the Universal Alloy Corporation Vietnam, and the Japan-invested Mikazuki Spa & Hotel Report project.
To date, the city has welcomed 844 FDI projects totalling US$3.47 billion.
Meanwhile, Da Nang has attracted four State-owned projects with a combined capital of over VND8.61 trillion since the start of the year, bringing the total to 335 projects and VND112.6 trillion in investment.