With its advantageous geographical location and favorable natural conditions, Da Nang has long been recognized as one of the most livable cities in Vietnam. Beyond its strong development in tourism and high quality of life, Da Nang is also an attractive destination for domestic and international investors. With a deep-water seaport, an international airport, and its position as the terminal point of the East-West Economic Corridor, Da Nang possesses unique advantages to become a leading commercial and logistics hub in the region. In the context of economic integration, the establishment of a Free Trade Zone (FTZ) in Da Nang will serve as a powerful catalyst, driving the city's growth, attracting investment, andaccelerating the development of the logistics sector.
According to the "General Master Plan Adjustment for Da Nang City until 2030, with a Vision to 2045" and the "Da Nang City Planning for the 2021-2030 Period, with a Vision to 2050," the proposed FTZ in Da Nang is expected to be located in the northwestern part of the city. This strategic location is closely linked to Lien Chieu Port – one of the most crucial deep-water ports in Central Vietnam. Additionally, the area is already home to industrial parks and high-tech zones, providing a favorable environment for logistics and manufacturing activities.
The development of an FTZ in this area would transform northwest Da Nang into a modern transshipment and processing hub. Goods can be imported and stored without immediate tax obligations, allowing for further processing, assembly, or redistribution to other markets. This model has proven successful in many countries worldwide and is expected to bring significant benefits to Da Nang’s economy, including:
The Free Trade Zone (FTZ) in Da Nang will not only provide substantial benefits to logistics enterprises but also act as a key driver for the city’s economic development. The planning and implementation of the FTZ will be a crucial step in helping Da Nang attract investment, optimize supply chains, and solidify its position in international trade. This is a golden opportunity for the city to rise as one of Vietnam’s and the region’s leading logistics and trade hubs.
On the afternoon of October 1, at the meeting on the socio-economic situation in the first 9 months of 2024, the Department of Planning and Investment of Ho Chi Minh City said that many economic indicators have grown steadily. Notably, export turnover is on a recovery trend and has grown.
In the first eight months of 2024, Vietnam earned nearly VND 4 trillion from tea exports, surpassing the total export revenue of last year.
Australia has made another stride in its agriculture sector by announcing an agreement to export plums to Vietnam in the near future, in addition to the current exports of peaches and nectarines. This project is part of a two-way agricultural market access agreement aimed at providing Australian plums to Vietnam and Vietnamese passion fruit to Australia.
On the occasion of International Women's Day 8/3, Glotrans would like to send our warmest congratulations to half of the world - the beautiful women!
Building on the success of previous conferences, Glotrans will continue to participate in the JCTRANS 2025 Annual Conference, held in Bangkok, Thailand from February 15th, 2025 to February 22nd, 2025.
The New Year celebration is a special occasion marking a fresh start, bringing renewed energy and enthusiasm to the entire company
