The project, identified as one of Da Nang's key tasks for the second half of the year, is part of Vietnam's pilot mechanisms and policies for Da Nang's development. The city is accelerating efforts to remove bottlenecks facing private investment projects and roll out new growth drivers to support its development.

It is also fine-tuning the operation of the Vietnam International Financial Center (VIFC). Lê Thanh Tùng, Deputy Director of the Da Nang Department of Finance, told reporters about the progress of the free trade zones.

“Free Trade Zones No. 2, No. 3, and No. 4 are progressing on schedule in attracting investment and preparing for operations. The Vietnam International Financial Center in Da Nang has completed its organizational structure. It currently has 12 official members and has approved the investment proposals of 11 interested investors,” she said.