Secretary of the Da Nang Party Committee and Head of National Assembly Deputies' Delegation Nguyen Van Quang chaired a working session on Wednesday with NHS Land Real Estate Investment, and the One Destination Company and Terne Vietnam Co., Ltd. to discuss strategic investment proposals in Da Nang.
Also attending the meeting were Vice Chairmen of the municipal People's Committee and leaders of relevant departments and branches.
During the meeting, the city leaders informed investors about the potential, advantages and new development orientation of Da Nang after the merger with Quang Nam Province. Accordingly, the city expands its administrative boundaries with an area of over 11,859.59km², and a population of over 3 million people, stretching from the central urban area to the coastal, midland and mountainous areas, bordering Laos and directly connecting to the East-West Economic Corridor.
The space for urban, industrial, service and logistics development has been significantly expanded and closely linked. From the modern coastal urban area in the central city of Da Nang to the Chu Lai open economic zone, Ky Ha deep-water port, Chu Lai International Airport, and large industrial parks such as Tam Thang, Thaco Chu Lai, Dien Nam - Dien Ngoc, and VSIP Quang Nam, the region forms a complete value chain, ready to welcome large domestic and foreign capital flows.
Another important signal is that the National Assembly has passed a Resolution on the establishment of the Viet Nam International Financial Center located both in Ho Chi Minh City and Da Nang. This is a major breakthrough, opening up opportunities for Da Nang to become a new growth pole in Central Viet Nam, attracting global financial institutions and strategic investors.
During the meeting, the city leaders and investors discussed many investment proposals, with focus on key areas such as finance, modern sports services, large-scale urban area development and social housing.
Previously, on June 25, 2025, the People's Committee of Da Nang and the Terne Holdings - The One Destination Joint Venture signed a Memorandum of Understanding (MOU) on developing the Da Nang International Financial Center and the Da Nang Free Trade Zone.
Terne Holdings Pte. Ltd., headquartered in Singapore, operates in core areas such as real estate investment consulting, trade, branding and design. Its leadership team and shareholders have over 20 years of experience at top financial institutions like Maybank, HSBC, Citibank, and BNP Paribas, with an extensive global network in the finance industry.
As part of the working session, the parties held a signing ceremony for the MoU and awarded financial training scholarships to Da Nang. This initiative reflected a shared commitment to developing high-quality human resources to support the city's future International Financial Center.
The investors highly appreciated the transparent investment environment, flexible support mechanisms and large land fund potential in Da Nang. They also affirmed the desire to have a long-term relationship with the city's market through projects with high scale, spread and added value.