Da Nang economy continues to grow positively in August

DNO - On August 30, Da Nang City Statistics reported that the city's key economic sectors in August 2025 maintained positive growth momentum with most indexes increasing compared to the previous month and the same period last year.

The city's economy continued to grow positively in August 2025. In the photo: Import and export activities at Tien Sa Port. Photo: MAI QUE

In the service sector, total retail sales of goods and consumer service revenue in August 2025 is estimated at VND 21,865 billion, up 22.8% over the same period in 2024. In the first 8 months of 2025, total retail sales of goods and consumer service revenue is estimated at VND 168,094 billion, up 24% over the same period in 2024.

In the first 8 months of 2025, the total wholesale sales of goods are estimated at VND 200,991 billion, an increase of 16% over the same period last year.

Industrial activities in the area have basically maintained a stable recovery and growth momentum, with the industrial production index estimated to increase by 12% over the same period last year.

Of which: mining industry increased by 46.8%; processing and manufacturing industry increased by 11.7%; production and distribution of electricity, gas, hot water, steam and air conditioning increased by 15.8%; water supply; waste and wastewater management and treatment activities increased by 9%.

Total state budget revenue in the city as of August 25, 2025 reached VND 35,830 billion, an increase of 20.9% over the same period in 2024. Of which, central budget revenue reached VND 7,562.4 billion, local budget revenue reached VND 28,244 billion.

In the first 8 months of 2025, the accumulated investment capital from the state budget managed by localities is estimated at VND 9,218 billion, equal to 54.6% of the assigned capital plan and an increase of 9.2% over the same period last year.

Regarding domestic investment attraction, from August 1, 2025 to August 20, 2025, the city recorded a total investment capital of VND 77,385 billion, including 3 newly licensed projects with a total capital of VND 1,986 billion and 1 project with an additional capital increase of VND 75,399 billion.

In the first 8 months of 2025 (from January 1 to August 20, 2025), the total domestic investment capital reached VND 140,470 billion; of which, 72 projects were newly licensed with a capital of VND 46,023 billion and 27 projects adjusted to increase capital with an additional capital of VND 94,447 billion.

Source: https://baodanang.vn/kinh-te-da-nang-thang-8-tiep-tuc-tang-truong-tich-cuc-3300778.html