To further improve its business environment, central Da Nang city will introduce a range of different solutions, focusing in particular on completing urban and traffic infrastructure, building a pool of high-quality human resources, conducting administrative reform, and enhancing digital transformation.
Central Da Nang city has paid significant attention to and issued policies on supporting local businesses over the years, especially small and medium-sized enterprises (SMEs). It was regularly among the top 5 localities in Vietnam’s provincial competitiveness index (PCI) from 2018 to 2021.
According to Mr. Pham Tan Cong, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), many regulations posing difficulties for businesses are still to be addressed. While the government is conducting reviews to cut compliance costs for businesses, new draft policies are creating additional barriers and burdens.
