Da Nang's GRDP growth in the first 6 months of the year only reached 9.43%

Trà Ban |

In the first 6 months of 2025, the new Da Nang City, a development consolidation between Da Nang and Quang Nam, recorded a GRDP growth rate of 9.43%.

On July 3, the Da Nang Statistical Office said that in the first 6 months of 2025, the new Da Nang City had a GRDP growth rate of 9.43%. Of which, Da Nang reached 11.7%, demonstrating its leading role with outstanding recovery and development speed in the service, processing, manufacturing and tourism industries. Meanwhile, Quang Nam grew by 6.63%, contributing to the stability and foundation of industrial and agricultural production in the region.

After a recovery momentum and strong growth of 8.78% in the first quarter of 2025, the Da Nang (new) economy continued to maintain a positive growth rate in the second quarter of 9.99%, contributing to creating an optimistic economic picture for the first 6 months of the year, which is considered an important driving force for growth in the whole year of 2025 to move closer to the set target.

With an increase of 9.43% in the past 6 months, Da Nang's GRDP growth rate ranked 8th out of 34 provinces and centrally-run cities (after the merger). Of which, Da Nang (old) contributed 6.47 percentage points and Quang Nam contributed 2.96 percentage points to the overall GRDP growth rate of the whole city.

Da Nang's economic growth is strongly driven by the steady and impressive recovery in all three economic sectors, in which: the added value (VA) of the industrial and construction sector plays a leading role with a 6-month increase of 13.19%, contributing 3.89 percentage points to the total increase of VA in the whole economy; the service sector, accounting for the largest proportion in the city's economic structure, the VA growth in the first 6 months of the year of the whole region is estimated at 10.37%, contributing 6.41 percentage points, reflecting the clear recovery of tourism, retail, transportation and business support services.

In particular, the number of domestic and international tourists to Da Nang has increased, promoting consumption and cash flow in the economy; the agriculture, forestry and fishery sector is estimated to increase by 3.44%, although the increase is quite modest compared to the other two economic regions, but still shows stability and an important support role in the city's economic structure, especially in the context of increasing climate change and urbanization. In general, the steady growth of industry, construction and services is a bright spot in the city's economic picture in the first half of the year, contributing to maintaining a high GRDP growth rate and creating momentum for sustainable development in the following quarters.

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