The Da Nang People’s Committee had granted licences to three new foreign direct investment (FDI) projects with a total registered capital of 8.518 billion VND by mid-June.

Of the total, a licence was granted to UCSI Ventures Vietnam Limited Co which will set up a training centre of professional skills and foreign languages worth 6 billion VND. The business plans to complete necessary registering procedures within nine months.

The city also issued a licence for the US-invested Golf Management, L.L.C Limited Co to establish a golf course management limited company. The 618 million VND business is expected to be put into operation in July, 2011.

Another licence was handed over to a 1.9 billion VND project on software production invested by Chassaing Kieu Tien Le, a US national. The project is scheduled to be operational in July this year.

The central city has, to date, granted licences to 203 FDI projects with a total investment of 3.3 billion USD./.