The Grand Opening of the International Trade, Tourism, and Investment Fair – East-West Economic Corridor, Danang 2024

The International Trade, Tourism and Investment Fair for the East-West Economic Corridor - Danang 2024 is a significant event under the National Trade Promotion Program for 2024, approved by the Ministry of Industry and Trade.

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On the morning of August 2, at the Danang Exhibition and Fair Center, the Trade Promotion Department (Ministry of Industry and Trade) in collaboration with Danang People’s Committee organized the opening ceremony of the International Trade, Tourism and Investment Fair. East-West Economic Corridor – Danang 2024 (EWEC – Danang 2024)

The fair attracted nearly 300 stalls from more than 150 businesses from 31 provinces and cities across the country, including: Lao Cai, Yen Bai, Tuyen Quang, Cao Bang, Hanoi, Bac Ninh, Hai Duong, Quang Ninh, Thai Binh, Nam Dinh, Ninh Binh, Ha Tinh, Quang Tri, Hue, Da Nang, Quang Nam, Quang Ngai, Khanh Hoa, Gia Lai, Dak Lak, Ninh Thuan, Binh Phuoc, Binh Duong, Dong Nai, Lam Dong, Long An, Ho Chi Minh City, Can Tho, Vung Tau, An Giang, Kien Giang.

Especially, EWEC – Danang 2024 also attracted the participation of many international organizations and businesses from 09 countries with 29 stalls, including: Ministry of Commerce – Kingdom of Cambodia; Ministry of Information, Culture and Tourism – Lao People’s Democratic Republic; Embassies in Vietnam: Republic of Indonesia, Myanmar; Consulates General in Danang: People’s Republic of China, Republic of Korea, Russian Federation; Lao People’s Democratic Republic; Department of Industry and Trade in the southern provinces of Laos: Khammouan, Savanakhet, Attapeu, Sekong, Salavan; Malaysia Tourism Promotion Office in Ho Chi Minh City; Thailand Trade Center Office in Ho Chi Minh City.

Delegates attending the fair EWEC – Danang 2024.

In his opening speech, Mr. Ho Ky Minh, Vice Chairman of Danang People’s Committee, said that the annual fair, held from 2007 to the present, EWEC – Danang 2024 aims to create conditions for localities along the East-West Economic Corridor to introduce their achievements, and at the same time, it is also an opportunity for countries, foreign localities and international organizations with diplomatic relations with Danang city to display and introduce their potential, strengths and cooperation opportunities. investment to businesses, tourists and people of the city and provinces in the region. The fair has built trust and support from businesses, governments of localities along the EWEC, Embassies, Trade Offices, and investment, tourism, and trade promotion agencies of participating countries, increasing year by year.

“Danang city is very honored to be selected by the Ministry of Industry and Trade to continue to be the locality to organize the International Trade, Tourism and Investment Fair. East-West Economic Corridor – Danang 2024 is an event of great significance, contributing to further promoting cooperation, friendship, and mutual understanding and trust among countries on the East-West Economic Corridor and countries in the region,” Mr. Ho Ky Minh affirmed happily.

Mr. Ho Ky Minh acknowledged that Danang is the end point of the East-West Economic Corridor – which plays an especially important role in expanding trade with countries in the region and internationally, with a fairly synchronous and modern infrastructure system. In the context of the world economy and Vietnam’s economy, although there have been improvements, there are still great difficulties and challenges, and Danang’s socio-economy has remained stable and continued to develop, achieving certain results.

The city pays special attention to solutions to support businesses, focusing on prioritizing the recovery of key economic sectors, some of which are recovering quickly and have a breakthrough growth rate, becoming a bright spot contributing positively to the overall economic growth of the city.

In particular, the service and tourism sectors continue to be an important driving force for economic growth with many activities, events, and unique festivals, and tourism products are continuously organized, especially the Danang International Fireworks Festival 2024, the “Enjoy Danang 2024” Festival, exhibition fairs, product promotion programs… contributing to attracting a large number of domestic and international tourists to the city.

Mr. Nguyen Hoang Long, Deputy Minister of Industry and Trade, spoke at the EWEC – Danang 2024 Fair. Photo by Ngo Anh Van.

Mr. Nguyen Hoang Long, Deputy Minister of Industry and Trade, said that the EWEC – Danang 2024 Fair is held annually to introduce socio-economic development achievements and promote the potential for trade, investment, and tourism of provinces and cities in the Central, Central Highlands regions, and localities of countries along the East-West Economic Corridor, and countries in the Mekong Sub-region. Mekong. The fair has received active coordination from provinces and cities across the country as well as partner countries linked to development in the region.

Mr. Long believes that EWEC-Danang 2024 will be an effective bridge and an important trade promotion channel, creating conditions for businesses to approach consumers, promote trade, and seek business cooperation opportunities. At the same time, it also contributes to promoting trade promotion linkage activities, investment, and tourism between provinces in the Central, Central Highlands regions, consolidating trade cooperation between Vietnam and neighboring countries, and countries along the East-West Economic Corridor.

At the fair, the main products and goods introduced and displayed include: electricity, electronics – telecommunications, technology equipment; household appliances, wooden furniture, interior decoration, handicrafts, gifts; consumer products such as food, beverages, textiles, fashion, pharmaceuticals, and cosmetics; tourism, logistics, education, and healthcare services…

In addition, during the duration of the fair (from August 2 to August 7, 2024), there will be many exciting activities and events that attract the attention of the people and tourists, such as: Display and introduce OCOP products, characteristics, and typical rural industries; tourism products and services; industrial products and investment promotion projects, high-tech parks, and industrial parks of Danang city; programs to promote and stimulate consumption of OCOP products and typical products on the TikTok platform and many other sideline activities…