Da Nang industrial real estate booms with Free Trade Zone and International Financial Center

The city is on track to position itself as Vietnam’s dynamic investment hub for manufacturing, logistics, and global financial services.

The city has approved a 3,656-ha high-tech subzone, designed to link with existing and new industrial parks, serving as a major economic driver for 2021 - 2030, with vision toward 2050.

Meanwhile, the Chu Lai Open Economic Zone is being shaped into a national industrial powerhouse with automotive, seaport and logistics development.

Following the merger with neighbouring Quang Nam in July, the new city of Da Nang now manages 36 industrial parks and 126 clusters with well-developed infrastructure.

Clean land reserves have multiplied, creating strong momentum for industrial real estate.

From January to August 20, 2025, Da Nang secured over VND140 trillion in domestic investment and US$307 million in FDI, lifting total FDI projects to 1,263 worth more than US$10.9 billion.

In late August, THACO broke ground on its expanded 115-hectare automotive mechanical industrial park in Chu Lai, with nearly VND 8 trillion in capital.

Earlier, Da Nang launched the VND 6.2 trillion the Hoa Ninh Industrial Park, covering 421ha and designed as an eco-friendly zone near the Lien Chieu Port and the Da Nang International Airport.

At the same time, the national government approved the Da Nang Free Trade Zone project, considered a strategic growth engine.

Along with that, the International Financial Center is emoving forward in three phases, starting with a 22-story office tower at the Software Park No. 2, due for completion by late 2025.

Between 2025 and 2027, prime sites such as the Vo Nguyen Giap - Vo Van Kiet intersection, a Fintech zone and An Don Financial Street will take shape, with ambitions to establish a global-standard financial hub by 2030.

With visionary planning, groundbreaking projects and bold policy frameworks, Da Nang is not only redefining Vietnam’s industrial real estate landscape but also shaping its future as a regional powerhouse for trade, logistics, and international finance.