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Da Nang eyes further US investments

By DA NANG Today / DA NANG Today
October 31, 2020, 11:09 [GMT+7]

Recent years have seen active engagement by the  American Chamber of Commerce in Viet Nam (AmCham Viet Nam), especially its Da Nang Chapter in boosting the time-honoured win-win cooperation between US businesses and their partners in Da Nang.

Da Nang People's Committee Chairman Huynh Duc Tho ( 4th, right, first row) meting his AmCham Viet Nam guests at the Friday reception
Da Nang People's Committee Chairman Huynh Duc Tho ( 4th, right, first row) and his AmCham Viet Nam guests at the Friday reception

The high appreciation made by Da Nang People's Committee Chairman Huynh Duc Tho at his Friday reception for AmCham Viet Nam guests.

Noticeably, representatives from the Da Nang Chapter of AmCham Viet Nam delivered a handful of constructive ideas and proposals at the mid June-held webinar themed ‘Da Nang – the Next Southeast"

Asia’s Silicon Valley, which aimed to attract domestic and foreign investment to Da Nang’s tech sector.
Apart from  successfully deploying investment projects in Da Nang, AmCham Viet Nam – Da Nang has provided active support for Da Nang to protect and enhance the environment, as well as improve the living standards of local residents.

In late August, AmCham Viet Nam donated 5 patient monitoring devices, totalling 550 million VND to Da Nang in a bid to help the city tackle coronavirus after Da Nang braced for a second coronavirus wave.

Chairman Tho asked for help from the Da Nang Chapter to continue expanding its membership network, and encouraging more US businesses currently operating across Viet Nam, especially those in Ha Noi and Ho Chi Minh City, to seek investment opportunities in Da Nang.

Founded as an informal association in March 1994, just one month after President Clinton lifted the trade embargo, AmCham Viet Nam is a not-for-profit, non-governmental, and non-political voluntary membership association of American businesses in Viet Nam.

In addition, AmCham welcomes international firms whose business relations with the United States and/or U.S. firms are such that membership would help achieve its objectives,

Established in June, AmCham Viet Nam – Da Nang is now on its missions to boost cooperation in economy, investment and trade between Vietnamese and American businesses which now operate in Da Nang and the Central region as a whole.

Till date, Da Nang has always considered the USA as one of its key economic partners. The Da Nang government has prioritised attracting US investors to pour the money into tourism, culture, trade and other aspects.

By KHANH HOA- Translated by A.T

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