Vietnam: Da Nang's Central city to develop an international finance centre

Coastal area in Sơn Tra District of Da Nang will become an international finance centre project. - Voetnam News/ANN

Da Nang, April 11 (Vietnam News/ANN): The central city’s people’s committee and the Import-Export Pan Pacific Group (IPPG) has signed a Memorandum of Understanding (MoU) on the development of an international and regional finance centre in Da Nang to attract investors in the future.

Director of the city’s Investment Promotion Agency (IPA), Huynh Thi Lien Phuong said the MoU, which was signed late last month, aimed to build a trading centre, casino, high-end entertainment and luxury apartments in the coastal area.