Da Nang Newspaper’s reporter Trong Hung recently had an interview with the Vice Chairman of the municipal People’s Committee and Head of the Steering Board for the “Year for Business 2014” programme, Mr Vo Duy Khuong, about the city’s support policies for local businesses.

Vice Chairman Khuong affirmed that local authorities have issued many preferential policies to ensure a favourable business climate for local enterprises.

Manufacturing electronic components at the Mabuchi Motor company

Following last year’s instructions from the city’s authorities, the municipal Department of Planning and Investment has shortened the time for business and tax registration procedures to 8 days from the currently regulated 10 days.  At the moment, the department is handling online business registration procedures under a pilot programme which is being organised by the Vietnamese Department of Business Registration Management.

Da Nang now has 6 industrial parks (IPs) covering a total area of over 1,055ha.  The city will take back a total of 21.98ha of under-used or unused land at the 6 IPs.  Meanwhile, local authorities will lease more land at the IPs to businesses which make commitments to use the land to conduct production activities.

Local authorities are also checking business land-use outside local IPs, and the city will similarly take back any under-used or unused land.