On Oct 10th, 2019 representatives of Da Nang city met the US
business delegation including Hayward Quartz Technology Inc., Westcoast
Precision, Inc., Majestic Beauty Supplies, Inc., Lee’s Sandwiches
International, Inc., Hung Phat USA. These are businesses in the field of
manufacturing, processing diamonds and gold, silver and gems; production and
distribution of beauty accessories, cosmetics; manufacturing and producing
metal and hardware, supplying customized high-quality spare parts and
semiconductor devices for the medical and biotechnology equipment industry;
Manufacturing and distributing semiconductor equipment in the United States,
whom shown interest to set up business and expand operation to Vietnam.
Related post: Da Nang Hold Series of International Information
Technology Activities
Representatives of US enterprises affirmed that
Da Nang City is a potential destination for businesses in the High Technology
and Information Technology. With the coordination, as well as the city’s
incentives in the field of high technology and investment in Da Nang High-Tech
Park, enterprises from the United States consider opportunities to invest in
the high technology sector in Danang.
Da Nang city has many
benefits that investors are interested in such as the safe and stable living
environment, the young and highly qualified labours from more than 25
universities and colleges in the city, in addition the city is also a
destination for many domestic and foreign investors in many different fields,
which is an opportunity for investors to compete, distribute the productions.
Currently, in Da Nang,
there are more than 60 investment projects of the US investors with the
registered capital of nearly 6 million USD, including large projects such as
the Sunshine Aerospace Components Plant Project in Da Nang high-tech park of
Universal Alloy Corporation (USA) with total registered capital of USD 170
million; the factory of electronics and electronic equipment manufacturing and
assembling project, total capital of USD 50 million, in Hoa Khanh Industry Zone
Expansion invested by Key Tronic EMS Group. Besides there are many other
projects being implemented and effective in the process of operation.
Da Nang City and
investors from the United States hoped to achieve more business achievements in
the future to help investors and the city achieve development goals in the
future to welcome company to set up company, factory, and invest in Vietnam.
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