An aerial view of Da Nang city (Source :wordpress.com)Da Nang (VNA) – The central coastal city of Da Nang hopes to expand cooperation with Italian localities, organisations and businesses in the spirit of mutual benefit and development.
Vice Chairman of the municipal People’s Committee Phung Tan Viet told a workshop held in the city on March 3 that the city pays much attention to promoting trade-investment and improving policy-making and the business climate to facilitate foreign operations.
Local authorities have pledged to create the best conditions for Italian investors to do business in the city, he confirmed.
Representatives from the Italian Trade Office in Vietnam hailed Da Nang as a driving force of the central region and hoped that the workshop will open up numerous prospects for bilateral economic collaboration.
Italy ’s Livorno Port and Da Nang Port have signed a Memorandum of Understanding on establishing bilateral ties. In 2015, Da Nang exported 3.6 million USD worth of goods to Italy and imported 3.5 million USD from the market.
Italy is running three investment projects in the city, focusing on processing, manufacturing and services with a total capital of 1.1 million USD.-VNA
