Da Nang’s Q3 GRDP grows by 11.83%, ranking 7th out of 34 localities
DNO - Da Nang’s Gross Regional Domestic Product (GRDP) is estimated to have grown by 11.83% year on year in the third quarter of 2026.
According to a report by the Da Nang Department of Finance on October 23, the city’s socio-economic development situation in the first nine months of 2026 has shown positive signs.
Specifically, the city’s GRDP in the third quarter of the year is estimated to have increased by 11.83%, the highest rate since the beginning of the year.
The city’s GRDP growth in the first nine months is predicted to have risen by 10.31%, which exceeds the national average.
The scale of the local economy for the nine-month period is estimated at VND264.569 trillion, a rise of nearly VND34.084 trillion compared to the same period last year.
Trade, services, and tourism remain the major growth drivers, with revenue from accommodation, food services and travel estimated at VND56.973 trillion, a 25.42% increase. The city’s total import-export turnover is estimated at US$7.4 billion.
Notably, Da Nang’s 9-month state budget revenue has already surpassed the annual target.
As of September 30, the city’s total state budget revenue had reached VND70.437 trillion, equivalent to 106.2% of the target set by the municipal People’s Council and a 76% increase over the same period last year.
Public investment disbursement has also been a key focus, with strong directives for implementation. As of October 15, disbursements had reached VND13.564 trillion, representing 78.9% of the plan assigned by the Prime Minister.
Cumulatively, as of September 20, 2026, the city had attracted VND187.6 trillion in new and additional domestic investment capital.