6. Open investment climate
Author: Admin Test Updated: 22/01/2016 Views: 150

The business and investment climate and policies in Danang have been continually improved to offer the best conditions to investors.
6.1 -Danang was ranked number one in the Provincial Competitiveness Index (PCI) Survey in 2008 - 2010 and 2013 - 2016 among all cities/provinces in Vietnam. PCI is a joint effort by the Vietnam Chamber of Commerce and Industry and the Vietnam Competitiveness Initiative, funded by the U.S. Agency for International Development (www.pcivietnam.org).

Ranked number one in the availability for ICT application (Vietnam ICT Index) for eight years in a row (2009-2016);

A unique city of Vietnam and one of the 20 cities of ASEAN awarded “the ASEAN City of Sustainable Environment” prize in 2011;

Ranked number one in the Public Administration Reform Index (PAR index) among the provinces of Vietnam from 2012 to 2014;

Ranked second in the Vietnam Provincial Governance and Public Administration Performance Index (PAPI) in 2012 and 2013;

One of Asia’s top ten holiday destinations in 2013 and 2014 voted by the readers of the Hong Kong-based Smart Travel Asia Magazine;

One of two cities in Vietnam awarded “2013 Asian Townscape Award (ATA)” by UNHABITAT;

Awarded Outstanding e-Government Prize in the Category of Digital Divide by WeGo in 2014;

6.2 - The "one-stop shop" at Danang Investment Promotion Center is offered to assist investors in establishing, realizing and expanding their projects within a short time frame and at low costs. Investors are provided with free and transparent information, advice and customized services;
6.3 - The local government is responsible for site clearance, compensation and relocation of residents dwelling in the project site;
6.4 - Physical infrastructure facilities are provided to the project site;
6.5 - Direct dialogues between the leaders of Danang's government and entrepreneurs are conducted to assist businesses in settling their problems in a timely and effective manner.

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