The festival also serves as a platform for Da Nang to showcase the achievements of its long-standing partnership with Japan while creating new opportunities for collaboration in investment, trade, tourism, education, and science and technology.
The northern province is expected to become a key growth pole and a major development engine for the Hanoi Metropolitan Region and the Red River Delta.
Having exported high-speed trains to several countries, South Korea is now looking to expand its collaboration with Vietnam, specifically by proposing to supply trains for Metro Line No. 2 in Ho Chi Minh City.
The list is being shaped around three criteria: economic demand and competitiveness, sectoral advantages and potential, and the ability to form value chains and markets.