Da Nang industry continues to accelerate

Production activities at Hoa Tho Textile and Garment Joint Stock Corporation. Photo: M.QUE

The results achieved by the industrial sector in the first nine months clearly reflect the adaptability and recovery capacity of enterprises. At the same time, they show the effectiveness of the city government's support and companionship policies in promoting industrial production.

Positive signals from businesses

In the context of the global textile market still having many fluctuations, Hoa Tho Textile and Garment Joint Stock Corporation recorded results of VND 4,202 billion in consolidated revenue and VND 329 billion in pre-tax profit after 9 months, reaching 83% and 91% of the yearly plan, respectively. The company expects to reach VND 1,023 billion in revenue and VND 71 billion in consolidated profit in the fourth quarter of 2025, striving to complete the entire yearly plan.

The business representative said that the above results were achieved thanks to the slight increase in domestic fabric demand and export orders during the peak season and the recovery from the Chinese and Korean markets. However, there are still many difficulties because the US market tends to slow down due to rising consumer prices, while Europe and Japan tighten “green” standards, requiring businesses to meet additional environmental certifications and traceability. At the same time, the cotton, fiber and yarn market has not shown any signs of a breakthrough in the last months of the year.

Regarding the field of seafood production and export, Thuan Phuoc Seafood and Trading Joint Stock Company recorded revenue in the third quarter of 2025 reaching VND 943.6 billion, an increase of 18.91% compared to the same period in 2024 (VND 793.57 billion), while financial expenses and sales expenses in the third quarter of 2025 decreased by 6.31% and 6.95% respectively compared to the same period in 2024. Thanks to that, the company's profit after corporate income tax in the third quarter of 2025 increased by 154.1% compared to the same period in 2024.

Explaining the above results, Mr. Tran Van Linh, Chairman of the Board of Directors of Thuan Phuoc Seafood and Trading Joint Stock Company, said that due to increased sales in the European market, specifically in the third quarter of 2025, it reached 20.66 million USD (in the third quarter of 2024, it reached 12.57 million USD). At the same time, the enterprise is proactive in producing goods in response to new tax policies, restructuring the market, and increasing exports to emerging markets.

Regarding manufacturing and processing, in the first 9 months of the year, Danang Rubber Joint Stock Company (DRC)'s revenue reached VND3,791.3 billion, up 6.64% over the same period. In the third quarter alone, the company's revenue increased by 1.35% over the same period. Meanwhile, in the first 9 months of 2025, Daiwa Vietnam Co., Ltd. exported goods worth 65 million USD, basically approaching the 2025 target of 95 million USD.

Mr. Nguyen Van Phu, Director of Daiwa Vietnam Co., Ltd., said that the number of orders has increased by about 20% from the second quarter of 2025 to now, so the company is continuously recruiting 200-300 workers to meet production requirements. The company maintains the highest product quality to not only complete the annual plan but also create a solid momentum for stronger growth in the following years.

Strengthening growth momentum

According to the report on the socio -economic situation of Da Nang city, in the first 9 months of 2025, the industrial production index (IIP) of Da Nang city increased by 10.5% over the same period in 2024.

Production activities at Daiwa Vietnam Co., Ltd. Photo: M.QUE

In the industry structure, mining recorded the highest growth rate, up 42.9%; followed by production and distribution of electricity, gas, hot water, steam and air conditioning, up 15.2%; processing and manufacturing industry increased 10.1% and the lowest was water supply, waste and wastewater management and treatment, up 8%.

The city's industrial picture in the first 9 months continued to maintain its growth momentum with many products having higher output than the same period last year. Specifically: frozen meat and fish increased by 34.4%; bricks and blocks made of cement, concrete or artificial stone increased by 54.5%; motor vehicles for transporting goods increased by 65%... In the first 9 months, the consumption index of the processing and manufacturing industry increased by 8.9% over the same period. Some industries with high growth consumption indexes include: production of drugs, pharmaceuticals and medicinal materials increased by 18.8%; production of products from other non-metallic minerals increased by 95.1%; metal production increased by 19.4%; production of motor vehicles increased by 21.3%...

With the above results, Mr. Tran Van Vu, Head of Da Nang Statistics, acknowledged that the city's industrial production is increasingly improving, focusing on the processing and manufacturing sectors. To maintain growth momentum, it is necessary to increase support for industrial enterprises to stabilize production, reduce costs, have preferential credit support policies, debt relief, and debt extension for small and medium enterprises; encourage energy saving, and use domestic raw materials to replace imports to reduce input costs.

Promote industrial production, processing and manufacturing towards high added value, focusing on developing industries with advantages and strong growth in the past 9 months such as: electronics, information technology, pharmaceuticals, wood and wood products, rubber, plastic; strengthen links between foreign-invested enterprises (FDI) and domestic enterprises to take advantage of technology and export markets; support enterprises in finding orders, connecting trade with major markets such as the United States, Europe, Northeast Asia...

Ms. Le Thi Kim Phuong, Director of the Department of Industry and Trade of Da Nang city, said that the department is coordinating the implementation of industrial clusters in the area; implementing procedures to support secondary investors to soon implement production and business projects in the industrial clusters of Hoa Lien, Cam Le, etc. At the same time, continuing to implement the industrial promotion program to support enterprises, cooperatives, and rural production establishments to convert production lines and equipment.

The city prioritizes attracting investment in projects to produce supporting industrial products to meet input materials and increase the domestic proportion in industrial products. Support enterprises in implementing pilot and specific mechanisms and policies; effectively organize and implement power source and grid projects to meet the electricity demand for socio-economic development.

Source: https://baodanang.vn/cong-nghiep-da-nang-tiep-da-tang-toc-3308141.html