On November 8, Da Nang Statistics said that the total state budget revenue in the city (TP) by October 25 reached more than VND45,000 billion, an increase of 25.6% over the same period last year.
Of which, central budget revenue reached more than VND10,000 billion, local budget revenue reached more than VND35,000 billion. Some main revenues account for a large proportion: Revenue from non-state industrial and commercial sectors, foreign-invested enterprises, personal income tax. Revenue from houses and land alone reached more than VND6,000 billion, an increase of 73.2% over the same period in 2024.
This increase is mainly due to the smooth implementation of land exploitation and land use activities in high-value areas, contributing significantly to the overall budget revenue.
According to Da Nang Statistics, this reflects the excitement of the real estate market, contributing to creating more motivation to attract investment and increase resources for the budget. However, land revenue often fluctuates according to market conditions and project implementation progress.
Da Nang statistics further informed that after a period of strong adjustment in 2024, the Da Nang real estate market from the third quarter of 2025 has gradually improved thanks to policies to remove legal obstacles, adjust land price frameworks, and progress in implementing a series of key infrastructure projects such as the Co Co River road, the expanded high-tech park and new urban areas in the northwest.
Notably, the transaction volume has increased again, especially in the land and townhouse segments. Thanks to that, real estate business revenue in October 2025 and accumulated in the first 10 months of the year continued to increase strongly, contributing significantly to the overall growth of the service sector.
Also according to Da Nang Statistics, real estate business services in October reached VND 1,749 billion, up 77.8% over the same period. In the first 10 months of 2025, real estate business services achieved revenue of more than VND17,000 billion, up 104%.
"With support from infrastructure, capital flows and operating policies, Da Nang is affirming its position as a leading integrated service center and dynamic real estate market in the Central region, creating a favorable foundation for sustainable development of service industries in the coming time" - Da Nang Statistics acknowledged.
