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Da Nang to develop digital hub and regional bio-tech centre

The CMC Corporation, the second largest Information and Communications (ICT) group in Vietnam, has proposed a strategic development plan for a creative space and a digital hub in the central city of Da Nang.

CMC said the creative space will help turn Vietnam into a digital hub in the Asia-Pacific region with estimated investment of 12 trillion VND (522 million USD).

It said the Da Nang-based CMC Creative Space will help the city become an internet and data exchange site in the Asia-Pacific region, and a destination for the 2,500km Cross Vietnam Cable System that will run through 19 provinces and cities including Lang Son, Hanoi, Da Nang, HCM City and Tay Ninh.

CMC said Da Nang will act as a data centre and software and internet exchange in the 500 billion VND (21.7 million USD) trans-Vietnam cable system that will connect Vietnam and ASEAN through the Greater Mekong Sub-region-Internet Exchange.

Da Nang has also agreed to put forward 651 billion VND (28.3 million USD) for upgrading the Da Nang Bio-technology Centre and turn it into the South-central regional R&D Bio-Technology Centre./.
VNA/VNP

Vietnam establishes itself as one of regions most dynamic manufacturing and supply bases

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

The country’s stable political and economic environment provides a critical foundation for long-term sourcing strategies. At the same time, Vietnam has demonstrated a strong ability to scale up manufacturing, supported by a continuously expanding industrial base capable of meeting both high-volume demand and increasingly complex technical and quality requirements.

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