Business

Special mechanisms, policies proposed to boost Da Nang’s development

The Ministry of Planning and Investment on February 26 held a meeting to discuss special mechanisms and policies for the development of the central city of Da Nang.
Special mechanisms, policies proposed to boost Da Nang’s development ảnh 1Minister of Planning and Investment Nguyen Chi Dung speaks at the meeting. (Photo: The Courtesy of the Ministry)

Hanoi (VNA) – The Ministry of Planning andInvestment on February 26 held a meeting to discuss special mechanisms andpolicies for the development of the central city of Da Nang.

According to Minister of Planning and Investment Nguyen ChiDung, special mechanisms and policies for Da Nang will create more opportunitiesfor the city’s development and help boost that of the centralregion.

He suggested Da Nang study special mechanisms and policies applied for other localities and then propose suitable ones for thecity.

So far, Da Nang has proposed 27 policies - six new onesand the rest are the same or similar to those applied in otherlocalities.

Of the six new policies, Da Nang asked for permission to pilot afree trade zone associated with Lien Chieu port and Da Nang internationalairport; add projects on technical infrastructure; and implement special mechanismson employment, salary, income tax exemption, and financial support to semiconductorindustry and artificial intelligence (AI).

The city also proposed to allow the municipal People’s Councilto decide on the pilot of blockchain or support for technical infrastructuredevelopment projects in industrial clusters.

It also asked for permission to apply some mechanisms and policies that areavailable for Ho Chi Minh City such as particular planning adjustments,personal income tax exemption for experts, scientists or talented people, and extrapayment for State employees or corporate income tax exemption for those inprioritised areas./.

VNA
#VietnamPlus #Vietnam News Agency #Da Nang #Ministry of Planning and Investment #special mechanisms and policies Da Nang
Follow VietnamPlus

Related News

More special mechanisms proposed to speed up national target programmes

More special mechanisms proposed to speed up national target programmes

The Government has proposed the National Assembly allow the application of additional special mechanisms to remove difficulties and obstacles facing national target programmes, thus speeding up their progress in the coming time, according to Minister of Planning and Investment (MPI) Nguyen Chi Dung.
AeonMall Vietnam to develop shopping centre in Da Nang

AeonMall Vietnam to develop shopping centre in Da Nang

The Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land) and AeonMall Vietnam Co., Ltd on January 30 officially announced a plan to construct an Aeon Mall shopping centre as part of the TTC Plaza Da Nang project, which is developed by TTC Land in central Da Nang city.
Da Nang, RoK join hands to nurture tech talents

Da Nang, RoK join hands to nurture tech talents

Da Nang-based Dong A University has joined hands with prestigious Korean institutions namely Gyeongsan Institute of Science and Technology, Jeju National University, Daegu Catholic University, and Da Nang Software Entrepreneurs' Club (DSEC) to develop manpower in the fields of semiconductor, robotics, and information and communication technology (ICT).

See more

Emma McDonald, Australian Senior Trade and Investment Commissioner, speaks at the conference on April 14. (Photo: VNA)

Vietnam, Australia boost cooperation in fintech

Australian companies have strengths in regtech, data governance, cybersecurity, payment infrastructure, and digital assets—areas that align with Vietnam’s priorities. Their experience in highly regulated environments could help Vietnam address challenges such as financial fraud, cybercrime, and security risks.

Booths of Vietnamese cooperatives and enterprises at the Halal Expo 2025 exhibition in Türkiye. (Photo: VNA)

Türkiye seen as promising market for Vietnam’s Halal products

With a large Muslim population, Türkiye serves as both a major consumer market and a well-developed processing hub for such products. Meanwhile, Vietnam is gradually establishing its capacity to supply Halal goods, particularly in processed foods, agricultural produce, beverages, tourism services and logistics.

A view of Da Nang city (Photo: VNA)

Da Nang charts mega merger for global eco-city vision

Da Nang has set a target of having at least five financial technology (FinTech) businesses with revenues of over 1 trillion VND (40 million USD) yearly, while the Free Trade Zone would contribute 17.9% to the city’s gross regional domestic product (GRDP).

A VinFast electric motorbike showroom. (Photo: vinfastecoxe.vn)

Fuel hikes push electric motorbike sales

Electric motorcycle sales by Honda Vietnam, Yamaha Motor Vietnam, Piaggio Vietnam, SYM Vietnam and Suzuki Vietnam, rose by 8.3% year-on-year to 729,121 units.

Prime Minister Le Minh Hung speaks at the meeting (Photo: VNA)

PM orders sharp cuts to business conditions for double-digit growth

Vietnam now maintains 198 conditional business lines and 4,603 business conditions. Under the Party Central Committee conclusion, ministries and agencies must cut at least 30% of existing conditional business lines, or about 60 business lines, while eliminating all redundant conditions.

Delegates at the forum (Photo: VNA)

Vietnam, Slovakia PMs attend business forum to boost bilateral cooperation

Prime Minister Le Minh Hung called on businesses of Vietnam and Slovakia to strengthen partnerships in areas of mutual strength and demand, particularly in manufacturing, high technology, automotive industry, precision engineering, automation, renewable energy, green transition, logistics, supply chain connectivity, digital transformation, and human resource development.

Pomelos of Dong Thap province are exported to the Australian market. (Photo: VNA)

Dong Thap exports first pomelo shipment to Australia

Dong Thap has now secured its first pomelo growing area that meets export requirements for Australia, facilitated by Blue Ocean Import-Export JSC. This milestone is expected to serve as a foundation for expanding market access in the coming period.

Ambassador Pham Vinh Quang (seventh from left) poses for a photo with staff of the Vietnamese Embassy in Canada at the Vietnam booth at the exhibition. (Photo: VNA)

Vietnam promotes tourism at travel expo in Canada

The Vietnamese Embassy in Canada joined the exhibition to promote Vietnam as an attractive travel destination. With support from domestic tourism companies and tour operators, the Vietnam booth attracted attention thanks to its well-designed displays and informative materials.

Sun Group partners with Dragone to jointly establish a new standard for performing arts in Vietnam (Photo: Sun Group)

Phu Quoc set for a global spotlight with Sun Group–Dragone flagship show

The agreement signed on April 10 represents Dragone’s first formal entry into Vietnam through a strategic partnership, underscoring the country’s growing appeal to leading global creative companies. It also reinforces Sun Group’s role as a pioneer in bringing world-class performing arts experiences to Vietnamese audiences.