Danang is reasserting its position as the premier investment hub in the central region, with an increasingly transparent and pro-business environment. In the first quarter, its domestic capital surged nearly fivefold year on year to almost VND 58.5 trillion (about USD 2.22 billion), while FDI approached USD 37.5 million. Chairman of the municipal People’s Committee Pham Duc An said the city remained committed to “placing enterprises at the centre of public service”, with faster administrative reform, shorter licensing timelines and more proactive efforts to remove bottlenecks facing investors.
Priority sectors now include high-tech, innovation, the digital economy and logistics, backed by rapid preparation of infrastructure, serviced land and skilled labour. The city has already published a selective pipeline of more than 200 projects across 13 strategic sectors for 2026 to 2030, targeting high-tech, international finance, logistics and smart urban development. The National Assembly’s resolutions on special mechanisms, free trade zones and an international financial centre are expected to open ample room for quality capital flows.
Danang has cast itself early as a new convergence point for green capital and digital finance. At recent investment promotion forums, the city highlighted development linked to green growth, digital transformation and innovation, which are driving international investment flows.
The city is also targeting GRDP growth of more than 11 per cent in 2026, fuelled by faster public investment disbursement, infrastructure upgrades and flagship projects such as Lien Chieu Port and the international financial centre.
Meanwhile, Gia Lai recorded a breakthrough as 273 projects were granted investment policy approvals, investment certificates or cooperation deals, with total registered and proposed capital of about VND 838 trillion (roughly USD 31.81 billion).
Among them, 144 projects secured in-principle approval with nearly VND 230 trillion (about USD 8.73 billion) in capital, while 129 others were sealed through memoranda of understanding worth some VND 620 trillion (around USD 23.53 billion).
The scale of capital inflows underlines Gia Lai’s strong appeal following the expansion of its development space and reflects the growing investment trend in renewable energy, high-tech agriculture, processing industries and logistics infrastructure. Many major corporations are moving decisively with large-scale projects worth tens of trillions of VND, paving the way for new value chains in the Central Highlands and central coastal region.
Vingroup is advancing wind power projects with an initial capacity of 893 MW and studying additional renewable schemes with potential of up to 5 GW.
In agriculture, Vinh Hiep Co., Ltd. has proposed a sustainable coffee project with investment of more than VND 18 trillion (about USD 683.24 million) for 2026 to 2030, aiming to turn Gia Lai into a regional processing and trading powerhouse.
Chairman of the provincial People’s Committee Pham Anh Tuan said the province was committed to action in the spirit of “not wasting a single day, not delaying a single week, and not missing opportunities within a month”, ensuring fast, decisive and effective project rollout. Beyond attracting investment, Gia Lai aims to build a transparent, stable and integrated development ecosystem to create long-term investor confidence.
Taken together, the sharp uptick in both provinces underscores the central region’s growing appeal amid shifting global capital flows and signals a more selective, higher-value investment strategy taking root.
