Da Nang, Oct. 25 -- The central city of Da Nang is ramping up efforts to attract foreign direct investment, leveraging its upgraded infrastructure and welcoming business environment to boost industrial growth and establish a new economic driver.

Favourable investment environment

As the city targets double-digit economic growth, industry is seen as a key driver of growth, labour productivity and economic competitiveness. The city is prioritising infrastructure development and attracting investment in high-tech, manufacturing, processing and supporting industries, especially foreign-invested projects.

Karcher Vietnam Technology Co., Ltd., a subsidiary of Germany's Karcher Group, has put the second phase of its cleaning equipment factory ...