Economics

Da Nang's GRDP hits 9.43% in first half

Translated by MAI DUNG Aug 12, 2025 16:25

DNO - Da Nang’s gross regional domestic product (GRDP) rose 9.43% in the first six months of the year, raking 8th out of the 34 provinces and cities after the merger.

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A corner of Da Nang's Tien Sa Port. Photo: baodanang.vn

The economic structure in the first half of the year shifted towards services - industry - agriculture with the proportion of services being 55.68%, industry and construction 24.6%, agro-forestry-fishery 7.68%, and product taxes (excluding product subsidies) 12.04%.

The scale of the city’s GRDP at current prices during that period reached VND 148.8 trillion, accounting for 2.5% of the national GDP and ranking 11th out of the 34 provinces and cities after the merger.

Between January and June, accommodation establishments citywide served an estimate of 8.626 million visitors, up 16.2% year-on-year. Of these, the number of international tourist arrivals to the city rose by 25.2% to reach 3.741 million, whilst 4.885 million were domestic visitors, a 10.2% year-on-year increase.

During the 6-month period, the city attracted US$ 232 million in FDI capital, up 20% over the same period in 2024. Of which, there were 51 newly licensed projects with a total registered capital of US$ 124.78 million, up 13.3% in project numbers but down 15.6% in the registered capital.

The city attracted over VND 62 trillion in domestic investment, up 126%. It also had 26 projects adjusted capital with an increased capital of VND 19 trillion, up more than 300%.

New business registration certificates were issued to 3,102 enterprises, branches and representative offices, with a total registered charter capital of VND 12.6 trillion, an increase of 14% in the number of enterprises and 31% in registered capital compared to the same period in 2024.

To date, the city has had 1,263 FDI projects with a total investment capital of nearly US$ 11 billion, 799 domestic projects with over VND 359 trillion, and 53,609 active enterprises, branches and representative offices with around VND 462 trillion.

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Da Nang's GRDP hits 9.43% in first half
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