- A joint venture was established between Singaporean and Vietnamese entities for the VSIP initiative.
- Da Nang administration approves investment policy for VSIP and issues plans to strengthen national security in tourism.
Da Nang Seeks International Capital for Strategic Infrastructure and Urban Growth
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What happened
A delegation from Da Nang, led by municipal People's Committee Chairman Nguyen Manh Hung, met with UNDP in New York on September 25. The city stated it seeks international capital to support its socio-economic development and deepen cooperation with UNDP. Da Nang has significant demand for investment in strategic infrastructure, urban transport, energy, digital transformation, and green urban development.
From news.tuoitre.vn
Why it matters
The city is actively seeking long-term international capital to fund key sectors like energy and digital transformation. This effort aligns with Vietnam's broader goals for economic and digital transformation and climate change response, as noted by UNDP.
Da Nang administration previously approved an investment policy for VSIP and issued plans to strengthen national security in tourism.
From news.tuoitre.vn
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Related events
- Vietnam and Southeast Asia are aiming to become a key regional hub, leveraging their strategic locations and growing economies.
- Individuals are being promoted and appreciated for their contributions to national development through the utilization of young human resources in Vietnam.
- The Asian Development Bank raised its growth forecast for Vietnam in January 2026.
- Vietnam is strengthening its bilateral ties through trade, investment, and receiving ODA and technical assistance.
- VinaCapital Vietnam Opportunity Fund Limited invested in companies operating in Vietnam.