Speaking at the opening ceremony, Deputy Prime Minister Nguyen Van Thang asserted that Viet Nam must pursue faster, more sustainable and more self-reliant development.
He highlighted that the country’s ambitious targets for the upcoming period can only be achieved by optimising traditional growth drivers while transforming its economic model to forge new growth engines.
In this context, the Vietnamese government has prioritised establishing new development spaces, regulatory sandbox mechanisms and growth poles.
He stressed that Viet Nam needs localities that are highly dynamic, resolute, and capable of pioneering new development models. This would accelerate local growth while providing practical experience to refine national institutions and policies.
“Da Nang is one of the localities with the necessary conditions to undertake this role,” Thang emphasised.
Da Nang occupies a strategic position in central Viet Nam and has a tradition of dynamism, a rapidly modernising infrastructure network, a steadily improving workforce and expanding international connections.
In particular, with new development orientations centred on an international financial centre, a free trade zone, logistics, high technology, digital finance, green finance, and innovation, Da Nang is poised for a major breakthrough.
However, significant opportunities inevitably bring substantial challenges. To become a new growth pole, Da Nang must strengthen its implementation capacity, establish effective governance mechanisms and attract high-quality investment, advanced technologies, talented professionals and long-term strategic partners.
Deputy PM Thang called on ministries and central agencies to continue assisting Da Nang in executing its special policy mechanisms and to proactively coordinate efforts to resolve institutional, planning, infrastructure, investment, financial and human resource challenges.
He also urged the business community, investors, experts and international organisations to continue to share their experience, propose innovative ideas and work alongside both Viet Nam and Da Nang.
“The Vietnamese government remains committed to fostering a transparent, stable and favourable investment and business environment, safeguarding the legitimate rights and interests of investors while encouraging new business models, emerging technologies and sustainable development initiatives,” Thang affirmed.
Following the opening ceremony, delegates at a high-level policy dialogue shared their ideas for developing Da Nang into a competitive financial centre and urban hub, and for converting long-term visions into concrete programmes and policies.
Le Ngoc Quang, Secretary of the Da Nang Party Committee, stated that in the upcoming period, Da Nang’s competitive advantage would lie not only in its geographical location or infrastructure, but, more importantly, in the quality of its institutions, the speed of decision-making, the effectiveness of policy implementation and its capacity to serve both citizens and businesses.
He added that the city is committed to continuing to reform its leadership methods, building a modern governance system, and fostering a transparent, stable and internationally competitive investment environment.
Da Nang will also leverage special policy mechanisms to create new development spaces, new economic models, and new drivers of growth, Quang stressed.
The Da Nang Business, Finance and Technology Week will last until July 10, hosting a financial forum, a workshop on the semiconductor and high-tech sector, a workshop on connecting the government, universities and businesses, along with various events on the sidelines.
