Da Nang is actively fostering economic cooperation and investment with the United States, highlighted by a recent visit from Chairman of Da Nang People's Committee, Le Trung Chinh, to New York and Washington DC from November 18 to 20, 2024. This visit was part of a broader strategy to position Da Nang as a modern financial center, alongside Ho Chi Minh City, as part of a new financial center project. During discussions, Bill Mills from the Financial Services Volunteer Corps (FSVC) emphasized the necessity for tailored investment incentives to attract US investors to Da Nang.
In addition to financial initiatives, Da Nang is targeting growth in its semiconductor industry, aiming to train 5,000 professionals by 2030. The city is also seeking cooperation with US universities to enhance its educational and technological capabilities. Furthermore, USAID has committed to supporting Da Nang's green city initiative, which aligns with the city's broader goals of sustainable development and environmental protection.
Another significant aspect of the discussions included waste management, with Wheelabrator Westchester currently handling 75% of local waste and converting it into 60MW of energy. The city is also exploring the establishment of a Free Trade Zone and promoting a circular economy to enhance economic resilience and sustainability. This multifaceted approach reflects Da Nang's commitment to becoming a major socio-economic center in the region, as outlined in its master plan for 2021-2030, which aims for annual economic growth of 9.5-10% and the development of a knowledge-based economy. [87a4abb2][fac25a80]