The central city of Da Nang has announced that 2014 will be designated as the Year for Businesses with the focus on taking drastic measures to help businesses overcome difficulties.

This is part of the city’s efforts to reach a GDP growth rate of 9-9.5 percent next year.

Top priority will be given to improving the business and investment environment, establishing a fund to support businesses, and developing tourism and services to attract more foreign visitors to the city.

It will organise regular meetings with leaders of enterprises and banks to promptly deal with difficulties for them.

In 2013, the city’s socio-economic situation remains stable. Its GDP growth is estimated at 8.1 percent.

So far this year, Da Nang has earned more than 1 billion USD from exporting products, the highest ever recorded in the city. The total volume of cargo transported through the Da Nang Port has reached nearly 5 million tonnes. The city has received more than 3 million tourists from the beginning of this year.-VNA