By 2026, Da Nang aims for economic growth of 11% or higher.

City Party Secretary Le Ngoc Quang (center) listens to a progress report on the investment project to build Lien Chieu port and the coastal road extending Lien Chieu port.
Photo: PV

In 2025, budget revenue will reach more than 59,529 billion VND

According to Ho Ky Minh, Standing Vice Chairman of the People's Committee of Ho Chi Minh City, in 2025, in implementing the policy of merging administrative boundaries and deploying a two-tiered local government model, the People's Committee of Ho Chi Minh City will focus intensely on managing and directing agencies, units, and localities to effectively carry out assigned tasks according to plan and ensure the smooth operation of the local administrative apparatus in the new phase.

Up to now, the city's key economic sectors have maintained positive growth momentum, people's lives are stable, social security is guaranteed, administrative reform and digital transformation continue to be promoted, contributing to ensuring the proposed growth scenario.

The city's GRDP growth rate in 2025 is estimated at 9.18%. The added value of the service sector increased by 9.34%; industry - construction increased by 12.07%; agriculture, forestry - fishery is estimated to increase by 3.27%; GRDP per capita reached 4,392 USD.

State budget revenue in the city in 2025 is estimated at 59,529.2 billion VND. GRDP scale (at current prices in 2025) is estimated at 316.1 trillion VND, an increase of 35.5 trillion VND compared to 2024.

Nationally, the GRDP scale of Da Nang city in 2025 will continue to maintain its 13th position out of 34 provinces and centrally run cities and contribute about 2.5% to the country's GDP structure.

The city's economic structure in 2025 will be in the direction of services - industry - agriculture with the proportion of services reaching 54.89%; industry and construction 25.99%; agriculture, forestry and fishery 6.86% and product tax (excluding product subsidies) 12.25%.

From January 1, 2025 to November 20, 2025, the city attracted 502.88 million USD in FDI capital, an increase of 5.6% over the same period in 2024. Completed 100% of the target of building new houses and repairing 12,301 temporary and dilapidated houses according to Directive No. 42/CT-TTg; at the same time, implemented 5 social housing projects with a total of 2,983 apartments.

Strive for GRDP in 2026 to reach an estimated 11% or more

Standing Vice Chairman of the City People's Committee Ho Ky Minh said that 2026 is a pivotal year to implement major orientations of the term, while many new mechanisms and policies after the merger and reorganization of the 2-level local government model are in the process of being completed and put into operation.

Setting a reasonable growth target will create conditions for macroeconomic stability, ensure major balance of the economy, and maintain the confidence of investors and the business community.

Fundamental factors for high growth include: public investment disbursement, large-scale FDI attraction, international tourism recovery, labor structure shift and productivity in the processing and manufacturing industry sector, etc.

Therefore, choosing the appropriate scenario helps the city have room for flexible management, avoiding risks that put pressure on capital supply and demand, prices, labor and technical and social infrastructure. Therefore, the city proposes a scenario of GRDP growth rate at comparable prices in 2026 estimated at 11% or more.

The added value of 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% (of which industry increased by 10.5 - 11.5%, construction increased by 19 - 20%); the agricultural, forestry and fishery sector increased by about 3 - 3.5%.

Economic structure with service sector accounting for 56 - 56.5%; industry - construction sector accounting for 26 - 27%; agriculture, forestry and fishery sector 6 - 6.5%, product tax minus subsidies reaching 11.5 - 12%.

The scale of GRDP (at current prices) in 2026 is estimated to reach over 367,000 billion VND. GDP per capita is about 4,900 - 5,000 USD/person. Total investment capital (current prices) is about 106,000 trillion VND, equivalent to 26 - 27% of GRDP.

According to the economic growth scenario for 2026, some socio-economic targets set for 2026 include: estimated increase of 10% in state budget revenue; industrial production index (IIP) in 2026 increasing by 9-10% compared to 2025; projected increase of 11-12% in merchandise exports compared to 2025; projected increase of 7-8% in merchandise imports compared to 2025...

Source: https://baodanang.vn/nam-2026-da-nang-phan-dau-tang-truong-kinh-te-dat-11-tro-len-3314397.html