More than 3,500 Da Nang enterprises temporarily suspend operations

Nguyễn Linh |

Despite increasing investment attraction and new business registration, Da Nang is still struggling with the problem of more than 3,500 businesses temporarily suspending operations.

According to the Da Nang City Statistics Office, from the beginning of the year to May 25, Da Nang has had positive growth in business registration and investment capital attraction. In May, the city issued new licenses to 333 enterprises with a total registered capital of VND 957 billion, up 2.7% and 28.8% respectively over the same period in 2024.

In the first 5 months of the year, this figure was 1,719 enterprises with a total capital of VND 5,580 billion, up 0.4% in quantity and 4% in capital. FDI capital also achieved impressive growth of 47.6 million USD, double the same period last year. Notably, the city has attracted a project to increase domestic investment capital with a capital of up to VND 12,165 billion in May alone.

However, Da Nang's economy still has worrying points. The number of enterprises returning to operation decreased by 10.5% compared to the same period last year. In particular, the number of enterprises temporarily suspended operations increased sharply by 15.1% to 3,588. In addition, the number of dissolved enterprises also increased by 12.2% over the same period.

According to the Da Nang City Statistics Office, the Da Nang Department of adventure and spiritual Investment Forum (DAVAS 2025) was held at the end of May, promising to contribute to promoting the startup and innovation ecosystem, attracting more investment capital and creating new growth momentum for the city.

Nguyễn Linh
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