The Central Key Economic Region of Vietnam comprises five cities and provinces, including Da Nang City, Thua Thien Hue Province, Quang Nam Province, Quang Ngai Province and Binh Dinh Province. The Central Key Economic Region is the third-largest economic region in Vietnam. This region has many key seaports, which offers great potential for marine economy, and is enriched with mineral resources. The rent in this economic region is generally lower than that in other economic regions, and the average salary in the region is also the lowest one, but there are fewer skilled workers in the region, and the infrastructure in the region is inadequate and is still in development.

The key industries in the region include textile and garment, leather and footwear, food processing, wood product processing, mechanical equipment, oil and gas. Each city or province in the region has its own advantages and key industries. For example:

1. Da Nang City: high-tech manufacturing, software, information technology service industries, tourism, etc.
2. Thua Thien Hue Province: tourism service industry, high-tech, textile industry, medicine, mineral processing, etc.
3. Quang Nam Province: automobile, textile industry, supporting industries of mechanical equipment and raw materials, etc.
4. Quang Ngai Province: oil and gas, machinery manufacturing, textile and garment, leather and footwear, wood product processing and supporting industries, etc.
5. Binh Dinh Province: agricultural, forestry and fishery product processing, mineral processing, building materials, garment, footwear, etc.

KAIZEN Group is equipped with experienced and highly qualified professional consultants and is therefore well positioned to provide professional advices and services in respect of the formation and registration of company, application for various business licences and permits, company compliance, tax planning, audit and accounting in China. Please call and talk to our professional consultants for details.