Vice Chairman of the municipal People’s Committee Ho Ky Minh speaks at the meeting. (Photo: VNA) This is one of themajor orientations announced at a meeting on the city's economic diplomacy jointly heldby the municipal People’s Committee and the Ministry of Foreign Affairs onMarch 12.
Vice Chairman ofthe municipal People’s Committee Ho Ky Minh said Da Nang will put forth long-term plans,orientations, and key tasks for economic diplomacy between 2021 and 2025 inorder to realise the city’s socio-economic development plan by 2030.
It will also optimisethe support of ministries and centrally-run agencies, use existing resourcesand advantages, and pay more attention to multilateral diplomacy to step up economicintegration and exchange, and international trade in line with its developmentorientations, targets, and demand, while effectively utilising new-generationfree trade agreements.
The city will alsorevamp methods of economic diplomacy and work to raise the efficiency ofinvestment, trade, and tourism promotion activities in the new circumstances.
Da Nang will makeefforts to improve the international integration capacity of local agencies, individuals,and businesses, and set up links with overseas Vietnamese, experts,enterprises, and foreign partners to spur the city's socio-economic development.
The city attracted530 FDI projects worth over 1.04 billion USD over the last five years, six ODAprojects valued at 5.93 trillion VND (256.36 million USD), and 351 programmes,projects, and non-governmental aid, with total funding of 598 billionVND.
It also establishedfriendship and cooperation relations with 45 localities in 20 countries and territories,and joined international networks such as CityNet, Asia Pacific City Summit, and ASEAN SmartCity Network./.
VNA
