Manufacturing emerges as a key growth driver of Da Nang City
DNO - In the first two months of 2026, the city’s industrial production rose 13.11% year-over-year, led by manufacturing and processing at 14.01%, the strongest among all segments, signalling a positive start and a key driver of overall industrial growth.
Positive signals
Several manufacturing subsectors outpaced the industry average, including leather (up 14.41%), wood processing (up 30.49%), paper (up 62.34%), and motor vehicles (up 33.52%). Growth was driven by improved export orders and proactive production planning amid stable early-year conditions.
At Bac Dau Co., Ltd., seafood production and exports remained stable, with over 300 workers. Key markets (including Thailand, South Korea, China, and Japan) continued to place steady orders, with processed products expected to drive growth in 2026.
Danifoods also reported a 10% year-over-year revenue increase in the first quarter of 2026, supported by orders from Japan, Malaysia, and Hong Kong, while preparing a new facility for Halal-certified products targeting Muslim markets.
Strengthening key measures
Industrial activity is expected to maintain positive momentum after the Lunar New Year, with a shift toward manufacturing, particularly high-tech and environmentally sustainable production, while reducing reliance on mining.
Labor use in manufacturing rose 1.31% year-over-year, with employment growth strongest in the non-state and FDI (foreign direct investment) sectors. This trend highlights the increasing role of private and foreign-invested firms in job creation and economic growth.
Businesses, especially in textiles and garments, are entering a new growth phase, becoming more proactive in expanding markets, investing in technology, and diversifying supply chains to meet international standards.
The city will continue key support measures, including facilitating access to large credit packages, addressing business challenges, promoting local product branding, and boosting domestic and international trade, alongside encouraging the “Vietnamese people give priority to using Vietnamese goods” campaign.