Da Nang economy enters top 10 nationwide after merger
Da Nang - In 2025, Da Nang's GRDP will increase by 9.18%, economic scale will reach more than 316,000 billion VND, ranking 9th out of 34 localities.
On the afternoon of January 6, Da Nang City held a conference to summarize the work in 2025 and deploy tasks in 2026. The report at the conference showed that, despite being affected by the global economy, natural disasters and the merger with Quang Nam province, the city's socio-economic growth rate has maintained a good growth rate.
In 2025, Da Nang's GRDP is estimated to reach 316.1 trillion VND, an increase of 35.5 trillion VND compared to 2024; GRDP per capita reached 4,287 USD, ranking the city's economic scale 9/34 provinces and centrally-run cities.
The service sector continues to be a pillar when it increased by 9.34%, contributing nearly 5 percentage points to overall growth. Tourism is a bright spot with more than 17.77 million overnight visitors, an increase of 18.3%; of which international visitors reached 7.68 million, an increase of 25.8%. Revenue from accommodation, food and beverage, and travel is estimated at nearly VND 60,000 billion, up 21%.
The industrial - construction sector increased by 12.07%, of which construction broke through 25.6% with 69 licensed real estate projects, with a total capital of more than 78,000 billion VND. The Index of Industrial Production (IIP) for the whole year increased by 8.9%, although the second half of the year was under cost pressure and the export market.
State budget revenue in 2025 will reach more than VND 63,620 billion, equal to 125.4% of the estimate. The city attracted 94 domestic projects with nearly VND 118,800 billion in investment capital and USD 520.42 million in FDI, bringing the total number of FDI projects to 1,288 projects with a registered capital of more than USD 10.9 billion.
Social security continues to be a highlight when Da Nang completes 100% of the target of eliminating temporary and dilapidated houses with 12,301 units; at the same time, deploys 38 social housing projects with 34,360 units, exceeding 119% of the target for the period 2025-2030.
Entering 2026, Da Nang sets a growth target of 11% or more, focusing on perfecting the two-level government model, effectively exploiting specific mechanisms, promoting investment - disbursing public investment capital and improving the quality of life of people.
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