In the first half of 2025, 144 Chinese FDI projects will flood into Da Nang, with a total investment exceeding 820 million US dollars, a year-on-year increase of over 8 times. This coastal city in central Vietnam is transforming from a tourist destination to a hot spot for high-tech industry investment.

The industrial ecosystem has begun to take shape

Da Nang City attracted FDI of 333.3 million US dollars in the first 8 months of 2025, a year-on-year increase of over 8 times. Among them, Chinese funded projects have shown particularly outstanding performance, with a total of 144 projects implemented and a total investment exceeding 820 million US dollars. They are mainly concentrated in six major sectors: processing and manufacturing, clothing, leather and footwear production, urban infrastructure, green mining development, and modern service and cultural tourism industries.

At present, Da Nang has established formal friendly cooperative relations with five places in China, including Shandong, Jiangsu, Kunming in Yunnan, Guangxi, and Macao Special Administrative Region. The scale of bilateral trade is steadily expanding, with an average annual export of about 45 million US dollars to China and an import of about 200 million US dollars from China. These projects not only create a large number of jobs for the local area, but also rely on China's mature industrial chain supporting experience to help Da Nang gradually improve the industrial ecology from basic manufacturing to service consumption.

The new track is fully launched

Da Nang is accelerating its transformation from a tourist city to a high-tech industrial and financial center. In June 2025, the Vietnamese government officially approved the establishment of the Da Nang Free Trade Zone with a total area of 1881 hectares, covering seven functional areas including production and manufacturing, logistics, commercial services, and digital technology. The Da Nang High tech Park, covering an area of over 3600 hectares, has attracted investors from multiple countries such as the United States, Japan, and South Korea to settle in. The land lease term can reach up to 50 years, and the corporate income tax reduction is 10 to 15 years.

In November 2025, Da Nang City will invest over 200 billion Vietnamese dong (approximately 54 million RMB) in computing infrastructure projects to serve chip semiconductor design and artificial intelligence research and development. Hu Guangbiao, Vice Chairman of the People's Committee of Da Nang City, made a clear commitment at the semiconductor seminar in July 2026 to welcome semiconductor investors with the most open attitude and implement a one-stop mechanism. Keywords: Southeast Asian news, high-tech industry

The local market is launching 12 high potential tracks for global investors, including semiconductors, artificial intelligence, financial services, cross-border trade logistics, industrial automation, robotics research and development, and biotechnology.Editor/Cheng Liting