Da Nang eyes becoming national maritime economy hub

Da Nang is among 28 coastal cities and provinces with deep-water ports that favour the growth of a maritime economy.
Da Nang eyes becoming national maritime economy hub ảnh 1Tien Sa Port in Da Nang city (Photo: qdnd.vn)

Da Nang (VNA) -
Da Nang is among 28 coastalcities and provinces with deep-water ports that favour the growth of a maritimeeconomy.

The central city has adopted various policies andsolutions to manage, protect, and optimise its marine potential and strengths ina sustainable manner.

To encourage local fishermen to continue to head outto sea and to ease pressure on inshore fishing, the city issued a decision in2012 with policies on building new vessels, according to the city’s Departmentof Agriculture and Rural Development.

Apart from financial support ranging from 500 millionVND (21,400 USD) to 800 million VND per a new ship, the city has exemptedregistration fees for boat owners.

With such incentives, 184 boats valued at more than120 billion VND and with a capacity of at least 400CV were churned out between2012 and the end of 2019, raising the total number of fishing boats in the cityto over 1,250 with a combined capacity of 381,508 CV.

Da Nang has also helped fishermen with productpreservation, job transfers, and modern equipment.

Its annual seafood catches are estimated at 38,500 to 43,000tonnes, worth from 1.5 trillion VND to 1.75 trillion VND.

At the same time, the city has invested in fisherylogistics as it looks to become a fisheries centre in the central region.

The 62-ha Tho Quang Port, which comprises a fishingport, a wholesale market, and a shelter for vessels, was built at an investmentof 180 billion VND during the 2004-2010 period, said Nguyen Lai, Deputy Head ofthe Tho Quang Port Management Board.

It caters to more than 19,000 boats and over 100,000tonnes of seafood each year, he said, adding that the Ministry of Agricultureand Rural Development and Da Nang have jointly launched a 217.5 billion VNDproject on upgrading and expanding the port.

The port is expected to help boost fisheries in DaNang and the central region in general.

In implementing Politburo Resolution No. 43-NQ/TW datedJanuary 24, 2019 on the development and building of Da Nang by 2030 and visiontowards 2045, the city’s Party Committee has rolled out a thematic programme onlogistics and seaport development, turning the city into a national maritimeeconomic hub, said Secretary of the municipal Party Committee Truong QuangNghia.

Under this, Da Nang will promote logistics that matchits potential and strengths to enhance the production and competitiveness ofbusinesses in the sector and effectively implement logistics services in the East-WestEconomic Corridor towards high added value, professionalism, and modernity.

It will also pay attention to transport infrastructuredevelopment and the application of information technology (IT), e-commerce, andthe digital economy.

By 2020, local logistics centres are set to handle 25percent of cargo in the city, 30 percent by 2025, 34.5 percent by 2030, and 50percent by 2045.

To that end, Da Nang will upgrade its internationalairport, aiming to serve 28-30 million passengers and 200,000 tonnes of cargoper year by 2030, and turn Da Nang Seaport into a national facility. It willalso consider turning Lien Chieu Port into an exclusive facility for cargo andcontainers.

Regarding sustainable maritime economic development,Vice Chairman of the Da Nang City People’s Committee Ho Ky Minh said that apartfrom investment in maritime tourism and services, the city will focus on majorsectors like navigation, fisheries, and renewable energy.

It will mobilise all resources to build the Da Nang Portcluster into a large and modern cluster and a port centre in the central regionthat meets regional standards, improve the capacity of its ports, developvessel fleets, raise service standards, and intensively join transport supplychains.

It will increase hi-tech applications in fishingmethods, step up offshore fishing and connectivity in this regard, develop industriesbased on marine biodiversity, and promote wind and solar power and other typesof renewable energy in service of sustainable maritime economic development./.
VNA

See more

Freshly prepared dishes served at the event (Photo: VNA)

US promotes agricultural products to Vietnamese consumers

The “US Agricultural Discovery” programme, co-hosted by the US Department of Agriculture and the US Consulate General in Ho Chi Minh City, kicked off in the southern hub on July 19 as part of activities to celebrate the 30th anniversary of diplomatic ties between the two countries (1995–2025).

Cao Xuan Thang, Trade Counsellor and Head of the Vietnam Trade Office in Singapore, speaks at the festival (Photo: VNA)

Singapore trade event helps Vietnamese enterprises boost exports

The Vietnam Fruit and Vegetable Festival 2025 was held in Singapore on July 18 as a meaningful trade promotion event that strengthens bilateral economic, trade, and investment ties and helps realise the economic cooperation contents of the Vietnam–Singapore Comprehensive Strategic Partnership.

Vietnamese Ambassador to Laos Nguyen Minh Tam addresses the seminar (Photo: VNA)

Vietnam, Laos hold cross-border e-commerce seminar in Vientiane

Representatives from Vietnam and Laos emphasised the essential role of digital platforms, which are seen as the backbone of the e-commerce ecosystem. They also highlighted the significance of infrastructure in facilitating the smooth transport of goods between the two countries.

Sock production line for export at SUNJIN AT&C VINA Co., Ltd., Chan May - Lang Co economic zone, Hue city. (Photo: VNA)

Transparent business environment appealing to foreign investors

During the first half of 2025, the total registered FDI reached 21.51 billion USD, up 32.6% year-over-year. This includes 9.3 billion USD in new investments, down 9.6%; 8.95 billion USD in additional capital for existing projects, a 2.2-fold increase; and 3.28 billion USD through capital contributions and share purchases, up 73.6%.

Deputy Minister of Science and Technology Pham Duc Long meets with Google’s Vice President for Emerging Markets Doron Avni in Hanoi on July 17. ( VGP Photo)

MoST partners with Google to explore digital transformation, AI, SMEs

The two sides agreed to establish a joint task force to formalise their collaboration, with a strong focus on quantum technology, a strategic frontier of the digital age, and AI-powered solutions to help Vietnamese SMEs enhance their competitiveness and modernise their operations.

VBAB Chairman Nguyen Thanh Vinh (left) meets with a Belgium business representative. (Photo: VNA)

Business network helps connect Vietnam with Belgium, EU markets

As Vietnam accelerates green and digital transition, the Vietnam Business Association in Belgium (VBAB) is prioritising connections with capable Belgian partners in clean energy, particularly hydrogen and renewable energy, and smart seaport planning.

Kim Long Motor's passenger bus assembly line. (Photo of Kim Long Motor)

Kim Long Motor Hue multiplies investment sixfold

The company’s decision to inject an additional 21 trillion VND (804 million USD) into the project not only reflects its ambition to scale up operations but also signals a strategic shift towards exports and integration into global supply chains.

Hanoi’s key industries given priority to drive growth

Hanoi’s key industries given priority to drive growth

Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.