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DNO - Da Nang recorded robust socio-economic performance in the first quarter of 2026, highlighted by a sharp rise in domestic investment and steady gains across key sectors, reinforcing its position as one of Vietnam’s most dynamic growth hubs.
Since the start of 2026, the central coastal Vietnamese city attracted more than VND58.5 trillion (approximately US$2.3 billion) in domestic investment, nearly 5 times higher than the same period last year.
Foreign direct investment (FDI) inflows reached $37.47 million, reflecting sustained investor confidence in the city’s business environment.
Cumulatively, Da Nang now hosts 2,045 domestic projects with total registered capital exceeding VND 804.7 trillion, alongside 1,102 FDI projects worth about $10.7 billion.
The expanding scale and diversity of investment underscore the city’s growing appeal as a strategic destination for both domestic and international investors.
The services sector, particularly tourism and trade, continued to recover strongly.
Total visitors staying in Da Nang-wide accommodation facilities were estimated at nearly 4.2 million, up 15.17% year-on-year, while accommodation revenue rose 13.53% to VND4.4 trillion.
Tourism remains a key pillar of the local economy, driving demand across multiple industries.
In a similar vein, industrial production also posted solid growth, with the Index of Industrial Production (IIP) climbing by 12.06% compared to the same period last year.
Meanwhile, agriculture, forestry, and fisheries remained stable, with seafood output reaching around 30,000 tonnes, up 1.6%.
Heed was also paid to supporting offshore fishing activities while strengthening efforts to combat illegal, unreported, and unregulated (IUU) fishing and improve disaster preparedness.
Fiscal performance showed positive momentum, with state budget revenue in the first quarter reaching over VND16.86 trillion, up 17.97% year-on-year and equivalent to 25.4% of the annual estimate.
Domestic revenue accounted for more than VND15.38 trillion, while revenue from import-export activities contributed VND1.46 trillion.
Public investment disbursement remains a priority, as the city seeks to accelerate key infrastructure projects and address bottlenecks.
At the same time, Da Nang is advancing major planning adjustments, including its 2021 - 2030 development plan with a vision to 2050, and broader urban planning through 2045 with a vision towards 2075.
The city has approved four housing projects and commenced construction on two developments totaling around 1,300 units, contributing to housing supply and social welfare.
Progress is also being made in education infrastructure, including the construction of six schools in border areas.
For the time being, Da Nang is focusing on sustaining high growth by improving the investment climate, removing obstacles for businesses, and accelerating strategic projects.
Priority sectors are being reoriented toward higher value-added activities, including semiconductors, supporting industries, and green construction materials.
Besides, Da Nang is also pushing forward ambitious initiatives such as the establishment of an international financial center and a free trade zone, aimed at positioning Da Nang as a regional economic hub.
Administrative reform and digital transformation remain key breakthroughs, with efforts underway to streamline procedures and pilot regulatory “sandbox” models to support innovation and startups.
With strong first-quarter performance and a clear development strategy, Da Nang appears well-positioned to maintain its growth trajectory and build a more resilient, modern and sustainable economy in the coming time.
