BUSINESS IN BRIEF 17/4 – Vietnam Dance

Da Nang High-Tech Park tries to attract more investment After seven years in operation, Da Nang High-Tech Park is one of three high-tech parks in Vietnam receiving the government’s especially preferential treatment to lure greater investment. The park aims to promote technological innovation, technology incubators, and science and technology market development for the central and central highlands regions. The government and Da Nang municipal administration have invested nearly US$84 million in upgrading Da Nang High-Tech Park’s infrastructure. Covering more than 400 hectares, Da Nang Hi-Tech Park currently houses 10 projects with a total investment capital of US$250 million, three of them are 100% foreign invested projects. Doan Ngoc Hung Anh, Deputy Director of the Park’s Management Board, said since the beginning of this year an increasing number of domestic and foreign investors has visited the park to seek investment opportunities thanks to the government’s especially preferential policy and the successful organization of the APEC Leaders’ Week 2017. Mr. Hung Anh said, “We are outlining a plan to accelerate investment attraction and introduce the park on media overseas. We have met potential investors and introduced them to our preferential policies. During APEC Leaders’ Week in Da Nang, we had an opportunity…

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