
Latest Updates on Investment Incentives in Da Nang Hi-Tech Park and Free Trade Zone, Vietnam
May 9, 2025
Prepared in collaboration with Da Nang Specific Economic Zones Authority.
The enactment of Law No. 57/2024/QH15 and Decree No. 19/2025/NĐ-CP has rolled out the red carpet for investors with faster, simpler procedure and shorter timeline towards strategic investment into cutting-edge industries like hi- tech and innovation – making Vietnam in general and Da Nang in particular one of the most favourable investment environments in Asia.
In the implementation of Resolution No. 136/2024/QH15 issued by National Assembly of Vietnam, Da Nang is currently launching a Free Trade Zone – the 1st management model ever in Vietnam with the state-of-art solutions in land access, tax incentives and customs barrier removal. The city is aiming to be the next technological hub in AI and semiconductors in Asia – “a sweet deal” for investors looking for investment opportunities and expansion of supply chain.
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