Economics

Maintaining growth, expanding export markets

Translated by KIM OANH 25/05/2026 17:20

DNO - Positive growth signals continue to position exports as one of the key drivers of Da Nang’s economic momentum.

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Production activities at Thuan Phuoc Seafood and Trading Corporation

Positive signals

According to the city’s Statistics Office, total import-export turnover in the first quarter of 2026 was estimated at USD 2.24 billion, up 13.7% year-on-year. Exports alone reached an estimated USD 1.09 billion, marking a 9.7% increase and reflecting continued market recovery and expansion.

In April, total trade turnover was estimated at USD 780 million, up 29.6% from the previous month and 5.9% year-on-year. The city also maintained a trade surplus of around USD 10 million, highlighting exports as a bright spot supporting external economic stability.

To maintain growth and competitiveness, businesses in Da Nang, including Da Nang Rubber Joint Stock Company, are expanding export markets to reduce dependency risks while investing in deep processing and higher value-added products. The company is also seeking to better leverage free trade agreements and strengthen brand development.

Amid global uncertainties affecting exports, the Vietnamese Government has directed ministries and localities to improve forecasting, stabilize the macroeconomy and support businesses through measures such as diversifying export markets, improving the investment climate and strengthening sustainable supply chains.

Da Nang has also begun processing Certificates of Origin (C/O) and approving qualified exporters for self-certification of origin, helping local enterprises access tariff preferences under signed free trade agreements (FTA).

Enhancing business competitiveness

As global trade gradually recovers, Da Nang’s export growth reflects the city’s ability to capitalize on investment shifts and global supply chain restructuring, particularly in high-tech industries.

Processing and manufacturing remain the largest contributors to export turnover, led by electronics, computers, phones and components linked to FDI (foreign direct investment) supply chains, while traditional exports such as garments, footwear and rubber products recorded modest growth.

However, the export structure also highlights increasing dependence on the FDI sector and the declining role of domestic enterprises.

According to the Statistics Office, the city needs to strengthen supporting industries, improve local firms’ participation in FDI supply chains, diversify raw material sources, and reduce reliance on a limited number of import markets.

To support growth, Da Nang has promoted trade activities such as the Made in Da Nang Expo 2026 and encouraged businesses to leverage new-generation FTAs and expand into markets including the EU.

Authorities are also accelerating customs digitalization, reducing logistics costs, and developing port and transport infrastructure, while promoting deeper processing, branding and traceability for agricultural and processed food exports.

According to Do Thi Quynh Tram, Deputy Director of the city’s Department of Industry and Trade, businesses must improve compliance with international, particularly green, standards, while supply chains should be modernized through digitalization, green logistics and digital commerce to enhance competitiveness.

Translated by KIM OANH