Throughout 2024, Da Nang engaged in dynamic investment promotion activities both domestically and internationally. The city hosted over 70 delegations from international organisations, businesses and investors. Activities primarily focused on high-tech sectors such as semiconductor and artificial intelligence, port infrastructure and logistics. One of the notable events was “Meet Da Nang 2024”, where the city worked with major partners, opening opportunities for strategic cooperation and investment attraction.
Furthermore, Da Nang strengthened relations with international partners through missions to key markets including the US, Japan, Germany, the Republic of Korea and China. These visits helped showcase the city’s investment environment promoting cooperation in trade, science and technology, tourism and labour, contributing positively to expanding international investment opportunities for Da Nang.
Expanding scientific-technological cooperation and high-tech investment
To meet development needs in the digital age, Da Nang has focused on attracting major technology corporations, particularly in semiconductor and artificial intelligence. The city successfully supported partners such as Marvell and Synopsys in expanding their operations in Da Nang, with Marvell establishing a new office and Synopsys scaling up their operations.
Collaboration with world-leading technology corporations such as Supermicro, Qorvo, Nvidia and Samsung Electronics has created significant opportunities for Da Nang to develop its high-tech sector. Additionally, signing memoranda of understanding with partners such as Synopsys and Viettel in the semiconductor field and innovation cooperation with international organisations like Makara Capital Partners continue to help Da Nang become an attractive destination for investors in the technology sector.
Improving the investment environment and promoting key projects
Besides actively pursuing international investment promotion, Da Nang also made significant efforts to enhance the domestic investment environment by supporting businesses in implementing major and key projects. The city’s Investment Promotion and Support Bureau proactively engaged with partners to resolve issues arising during project implementation, particularly focusing on major projects in sectors such as high technology, port infrastructure, education, healthcare and information technology.
The city participated in investment promotion delegations to Japan, Laos and the US, while working with major domestic and international corporations to maintain long-term partnerships. Notably, Da Nang emphasised the development of favourable policy mechanisms, providing optimal conditions for investors to implement projects within the city.
In 2024, Da Nang achieved impressive results in investment promotion, strengthening international cooperation, attracting major technology corporations and improving the investment environment. These activities enhanced the city’s economic development opportunities, promoting Da Nang as an attractive and sustainable investment destination for the future. The city anticipates continued interest from international investors, particularly in the fields of high technology, infrastructure and innovation.
