Da Nang sets economic growth target of 11% in 2026

Trần Thi |

Da Nang - In the last 6 months of 2025, despite being heavily affected by natural disasters and storms, the city still recorded GRDP growth of 8.37%.

On the afternoon of January 6, Da Nang City People's Committee held a conference to summarize the work in 2025 and deploy tasks for 2026.

The conference reported and assessed the socio-economic development situation, national defense and security in 2025 and the assignment of targets, tasks, and solutions for 2026.

Du chiu nhieu anh huong tu thien tai, bao lu, TP Da Nang nam 2025 van ghi nhan muc tang truong GRDP dat 8,37%.
Despite being heavily affected by natural disasters and storms, Da Nang City in 2025 still recorded GRDP growth of 8.37%.

According to the City People's Committee, in the first 6 months of the year, Da Nang city only recorded GRDP growth of 9.43%, of which Da Nang achieved growth of 11.7%, showing a leading role with outstanding recovery and development in the service, processing, manufacturing and tourism industries, and Quang Nam grew by 6.63%, contributing to stability and production foundation in the industrial and agricultural sectors.

The city has also focused on effectively implementing a number of key tasks such as: a series of commercial, cultural, and tourism events, the DIFF 2025 International Fireworks Festival, active activities in industrial parks such as: Chu Lai, Tam Thang and suburban industrial clusters of Da Nang - Quang Nam, handing over and putting into use a number of large projects in the city...

On July 1, 2025, after Da Nang city and Quang Nam province implemented the merger, Da Nang city will have an area of 11,859.59 km2, a population of nearly 3 million people with 94 commune-level administrative units; however, there are still some major challenges such as economic disparities, infrastructure, and traffic connection between urban and mountainous areas.

In that context, with the highest determination to mobilize and unlock all resources for socio-economic development, Da Nang continues to affirm its role as the socio-economic center of the Central region.

Hoi nghi ve tong ket cong tac nam 2025 va trien khai nhiem vu nam 2026 tai Da Nang. Anh: Tran Thi
Conference on summarizing work in 2025 and deploying tasks in 2026 in Da Nang. Photo: Tran Thi

As a result of the last 6 months of 2025, the city recorded a growth rate of 8.37%, of which in the third quarter of 2025, the city's GRDP increased by 9.66%, although slightly decreased compared to the second quarter, it still shows the stability of the service and industrial sectors, especially the recovery of tourism and construction activities.

In the fourth quarter of 2025, GRDP growth is estimated to reach 7.23%, down from the third quarter and the first 6 months of the year due to the fact that in addition to internal factors of the economy, GRDP growth of the city is also significantly affected by the complicated situation of natural disasters and storms in the area and the Central region.

It is estimated that for the whole year 2025, the city's GRDP will continue to maintain a fairly good growth rate. The GRDP growth rate for the whole year is estimated at 9.18%, ranking 9th/34 provinces and cities directly under the central government. The GRDP scale is estimated at 316.1 trillion VND, an increase of 35.5 trillion VND compared to 2024, ranking 13th/34 provinces and cities nationwide and contributing about 2.5% to the country's GDP structure.

GRDP per capita reached 4,287 USD. This result reflects the positive recovery trend of industries and fields in the area and reflects efforts in management, improving the investment environment, and supporting businesses.

In 2026, Da Nang City strives to achieve an economic growth rate of 11% or more, in which: added value in the service sector increased by about 11.5-12.5%, continuing to play a key role; the industrial - construction sector increased by about 12.5-13.5%; the agricultural, forestry and fishery sector increased by about 3.0-3.5%. Economic scale reached over 367 trillion VND.

GRDP per capita is about 4,900-5,000 USD/person. Total investment capital implemented at current prices is equivalent to 26-27% of GRDP. Total state budget revenue in the area increased by 10% or more.

Trần Thi
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