The central city currently has over 61,100 active businesses. Of these, micro, small, and medium enterprises (MSMEs) account for more than 97%, equivalent to over 59,200 units.
During a meeting with US businesses operating in Vietnam, Permanent Deputy PM Tuc urged them to continue leveraging their strengths in capital, technology, management expertise, and global networks to expand investment in Vietnam’s priority sectors.
Currently, the northern province hosts eight Singaporean-invested projects with a total registered capital of over $450 million, primarily in garments, electronic components, and industrial park infrastructure.
This urban railway axis is identified as the "backbone" infrastructure of central Da Nang city, designed to establish seamless connectivity and lay the foundation for the city’s long-term development.
Regarding the sectoral structure of these new projects, processing and manufacturing led the way with $1.05 billion, accounting for 70.8% of the new capital, while the real estate business followed with $243.2 million, or 16.3%.
At the meeting, the two sides exchanged views on their respective development goals and orientations, with a view to enhancing coordination and joint development between Vietnam and Cambodia, as well as among Vietnam, Cambodia and Laos.