The central city of Da Nang plans to open its representative office inthe Republic of Korea (RoK) to promote investment, trade and tourismbetween the city and its Korean partners this year.
Director ofthe city's foreign affairs department Luong Minh Sam said on April 15that the establishment of the representative office abroad would luremore investors and tourists to Da Nang via promotion programmes.
"Theopening of the city's liaison office abroad will create a link betweendomestic enterprises and foreign investors, as well as the city'spriority policies for investors," Sam said.
"The city had set up arepresentative office in Tokyo, Japan, to build links among Japaneseand Vietnamese enterprises and smoothen the way for investors," he said.
Samsaid the city was in discussions with Korean partners on selectingSeoul, Busan or Incheon as the location of the representative office.
Thecity has long tried to attract foreign investment, by offering low landrents of about 30 USD to 33 USD per sq.m per year to businesses, andquick processing of business licences.
Da Nang'sinvestment promotion centre said the city has attracted 305 FDI projectswith a total investment of 3.37 billion USD, of which 37 projects worth710 million USD were from Korean investors.
Korean ranked second in the list of investors in Da Nang, accounting 21 percent of the total foreign investment capital.
The national flag carrier Vietnam Airlines operates two direct flightsa week from Da Nang Airport to Busan, while the low-cost Air Busan fromKorea operates two weekly flights between the two cities.
Five airlines operate 20 flights from the RoK to Da Nang every week, carrying an average of 2,000 passengers.-VNA
Director ofthe city's foreign affairs department Luong Minh Sam said on April 15that the establishment of the representative office abroad would luremore investors and tourists to Da Nang via promotion programmes.
"Theopening of the city's liaison office abroad will create a link betweendomestic enterprises and foreign investors, as well as the city'spriority policies for investors," Sam said.
"The city had set up arepresentative office in Tokyo, Japan, to build links among Japaneseand Vietnamese enterprises and smoothen the way for investors," he said.
Samsaid the city was in discussions with Korean partners on selectingSeoul, Busan or Incheon as the location of the representative office.
Thecity has long tried to attract foreign investment, by offering low landrents of about 30 USD to 33 USD per sq.m per year to businesses, andquick processing of business licences.
Da Nang'sinvestment promotion centre said the city has attracted 305 FDI projectswith a total investment of 3.37 billion USD, of which 37 projects worth710 million USD were from Korean investors.
Korean ranked second in the list of investors in Da Nang, accounting 21 percent of the total foreign investment capital.
The national flag carrier Vietnam Airlines operates two direct flightsa week from Da Nang Airport to Busan, while the low-cost Air Busan fromKorea operates two weekly flights between the two cities.
Five airlines operate 20 flights from the RoK to Da Nang every week, carrying an average of 2,000 passengers.-VNA
