FDI to Da Nang surges despite COVID-19
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| A view of Da Nang at night (Photo: VNA) |
Da Nang’s total development investment was estimated at over 7 trillion VND in the first quarter, down 8.1 percent compared to the same period last year.
The FDI sector has seen a rise in investment attraction thanks to the implementation of several big projects, notably the Sunshine aerospace components manufacturing facility launched by the Universal Alloy Corporation Vietnam, and the Japan-invested Mikazuki Spa & Hotel Report project.
To date, the city has welcomed 844 FDI projects totalling 3.47 billion USD.
Meanwhile, Da Nang has attracted four state-owned projects with a combined capital of over 8.61 trillion VND since the start of the year, bringing the total to 335 projects and 112.6 trillion VND in investment.
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