On the afternoon of December 2, at a press conference organized by the People's Committee of Da Nang City, departments and branches provided comprehensive information on the city's socio-economic situation in the past 11 months. According to the report of the Da Nang Statistical Office, the city's economy continues to maintain a stable recovery and growth momentum in many areas.
The most prominent bright spot is the breakthrough of the trade and service sector. Total retail sales of goods and consumer service revenue for the first 11 months is estimated at VND 230,539 billion, up 23.1% over the same period in 2024. The tourism industry continues to be the main driving force with the total number of visitors served by accommodation establishments estimated at nearly 16.5 million, an increase of 18.9%; of which international visitors increased sharply by 26.5%.
The industrial sector also recorded positive results with the industrial production index (IIP) in 11 months increasing by 8.4% over the same period. As of November 20, the city has newly granted to 5,873 enterprises and affiliated units, an increase of 25.1% in quantity; the total registered capital reached VND 34,672 billion, an increase of 87.6% over the same period.
In addition to positive results, one of the top issues of concern at the press conference was the slow disbursement rate of public investment capital. Responding to the press, a representative of the Department of Finance said that the disbursement rate has so far only reached over 55% of the plan.
Explaining this number, the representative said that in addition to frequent difficulties such as problems in site clearance and prolonged procedures, this year there is also a specific reason: the arrangement and consolidation of project management boards, which has a certain impact on the implementation progress.
"Regarding the public investment disbursement rate in the first 11 months of the year, we have only disbursed about 55% compared to the target assigned by the Government and about 51% compared to the target of the People's Council.
In addition to difficulties in site clearance and prolonged procedures, difficulties in rearranging management boards are also the reason why the disbursement rate of public investment in the city is low," said a representative of the Da Nang Department of Finance.
According to the Department of Finance, this unit will regularly coordinate with the state treasury to update disbursement data to report to the People's Committee, leaders of the City Party Committee, and People's Councils for monitoring and urging.
