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Vietnam woos Singapore investors to Da Nang

The city, aiming to be an economic powerhouse, will focus on developing tourism, high-tech, marine industries

Angela Tan
Published Wed, May 19, 2021 · 05:50 AM

Singapore

VIETNAM is wooing Singapore investors to play a bigger role in the transformation of Da Nang city beyond a tourist hotspot to a city of innovation and an economic powerhouse in Vietnam and South-east Asia.

Singaporean investors and businesses with financial and technological expertise were told by Vietnamese officials on May 12 to seek opportunities in the coastal city, better known for its beautiful beaches and where the population of about 1.2 million people is projected to grow to more than two million by 2045.

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