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Vietnam – Da Nang Attracts Investment Flows into the Free Trade Zone and Logistics Infrastructure

Da Nang Attracts Investment Flows into the Free Trade Zone and Logistics Infrastructure

On the afternoon of November 28, Da Nang City held the Investment Promotion Conference for its Free Trade Zone (FTZ) and logistics infrastructure. Vice Chairman Lê Quang Nam highlighted that the Prime Minister’s approval to establish the Da Nang FTZ has ushered in a new development model driven by innovation and global ambition.

 

The FTZ will feature key zones: manufacturing-logistics, trade-services, digital industry & innovation, plus integrated areas linked to Liên Chiểu and Tiên Sa seaports, Da Nang International Airport, Chu Lai Airport, and the East-West Economic Corridor. The manufacturing-logistics zone is seen as the backbone that will position Da Nang as an international production and transshipment hub and a vital link in Asia-Pacific supply chains.

 

Under the new master plan, the eastern corridor from Da Nang Airport to Chu Lai will become a coastal urban chain and the city’s primary economic growth pole, while the western region will focus on high-tech agriculture and industry. Mr. Nam stressed that logistics development is “a matter of survival” for Da Nang. The city pledges special policies and full support to domestic and international investors, aiming to turn potential into reality and establish Da Nang as a livable, trustworthy, and highly attractive global investment destination.