Promote Connections Central Key Economic Zone Aim to Increase Foreign Direct Investment (FDI) into Danang City

Abstract

Economic association is a form of cooperation at a high level in production and business. During the renovation process in Vietnam, the issue of economic linkage is of interest to researchers, especially applied to the development of economic regions of the country. Conceptually, economic linkage is understood as the establishment of relationships between production and business entities, possibly between enterprises in the same field of activity and activities of complementary nature or between businesses competitive partners in the fields of labor, capital, technology, policies, markets... in order to save costs, time and achieve high efficiency in production and business. The Central Key Economic Zone (CKEZ), including 5 localities namely Da Nang city, Thua Thien - Hue, Quang Nam, Quang Ngai and Binh Dinh provinces, is known for its special advantages in strategic location, infrastructure systems such as deep-water seaports, airports, trans-Vietnamese and international highways, economic zones, industrial parks and world cultural heritages. With its position, the CFEZ is not only considered as a key driving force for the socio-economic development of both the Central and Central Highlands regions, but also an important nucleus in socio-economic development association of Vietnam. Due to the specificity of the relationship of FDI with the development conditions of each region, it is necessary to review the issues related to FDI policy, especially related to the FDI attraction of the country each locality in particular and the region in general.