Da Nang gets ready for APEC Summit

Apr 30th at 14:18
30-04-2016 14:18:24+07:00

Da Nang gets ready for APEC Summit

President Tran Dai Quang ordered central Da Nang city to co-ordinate with relevant ministries, sectors and localities to gear up for the Asia-Pacific Economic Cooperation (APEC) Summit next year.

 

Hosting the APEC events in 2017 is one of the major tasks that the central city will carry out between now and 2020.

At a working session with municipal officials yesterday, the State leader said in the next few years, Da Nang needs to foster economic growth in a rapid and sustainable fashion, enhance growth quality and the competitiveness.

It should promote effective urban planning and management, develop infrastructure and improve social and cultural aspects.

More opportunities and challenges will arise this year as Viet Nam is continuing intensive international integration, implementing the Resolution of the 12th National Party Congress and the 2016 – 2020 socio-economic development plan, and electing the 14th National Assembly and all-level People's Councils.

At the meeting, municipal officials reported that Da Nang's GDP expanded by 9.8 per cent and per capita income averaged VND62.65 million (over US$2,800) in 2015. While the services sector makes up 62.6 per cent of the local economy, industry – construction account for 35.3 per cent and agriculture has shrunk to 2.1 per cent.

Tourism has become an important industry, they said, noting that the city welcomed 4.6 million visitors, including 1.2 million foreigners, last year.

Later that same day, President Quang visited the Military Zone 5, praising the military's contributions to the national revolutionary cause and current national construction and defence.

He asked the zone to continue consolidating defensive capacity, uphold the entire people and political system, and develop people's national defence.

The President noted that the regional and world situation would become more complex in the future, urging the zone's soldiers to heighten revolutionary vigilance and closely work with localities and other forces in building a strong national defence system.

bizhub



NEWS SAME CATEGORY

PM solicits business input

The business community faces a lot of difficulties and challenges and the Government would like to hear about and resolve them, Prime Minister Nguyen Xuan Phuc told...

Retailers roll out promotions

Retailers have announced a slew of promotions during the long Liberation Day-May Day holidays.

VNPost to develop logistics centre in Da Nang

The Viet Nam Post Corporation (VNPost) will build a logistic and e-commerce centre in Da Nang's Hoa Khanh Expansion Industrial Zone at a cost of VND196 billion...

Italian businesses wish to expand trade, investment in Viet Nam

Italian enterprises, particularly those in the northwestern region of Liguria, hope to promote business opportunities abroad, especially in markets like Viet Nam...

French retailer Casino to sell Big C Vietnam for $1.1 billion

Casino (CASP.PA) is to sell its Big C Vietnam business to Thai conglomerate Central Group for 1 billion euros ($1.1 billion) including debt, giving the French...

HCM City: 100 businesses established each day

As of April 15, as many as 10,450 enterprises, including 225 private ones, 1,186 joint-stock ones and 9,038 limited liability ones were established in Ho Chi Minh...

PM Phuc promises to make Vietnam friendlier to businesses

Prime Minister Nguyen Xuan Phuc has started his first meeting in Ho Chi Minh City with the business community this morning.

Firms tend to cater to the young

Nguyen Thanh Truc of HCM City's Binh Thanh District was looking to buy porridge for her sexagenarian parents at a supermarket.

VN's economic growth expected to reach 6.9%

Viet Nam's economic growth is expected to edge up further to 6.8-6.9 per cent in 2016 and 2017, thanks to the continued strong performance of domestic private...

VN sees 12% hike in FDI disbursement

Disbursement of foreign direct investment (FDI) surged to an estimated US$4.7 billion in the first four months, a year-on-year rise of 12 per cent, the General...


MOST READ


Back To Top