The central city’s total GRDP size is projected to exceed VND367 trillion ($13.9 billion).

Central Da Nang city has set a target of Gross
Regional Domestic Product (GRDP) growth rate at least at 11% for 2026, according to
local authorities.

Its total GRDP size is projected to exceed VND367 trillion ($13.9
billion), with GRDP per capita reaching between $4,900 and $5,000. By 2030,
the city aims to raise the GRDP size to more than VND720 trillion and GRDP per capita to $8,500.

The targets are based on expected annual growth rate of
11.5–12.5% in the service sector and 12.5–13.5% in the industrial and
construction sector, said Mr. Nguyen Duc Dung, Chairman of the municipal People’s
Council.

Da Nang also plans to strongly develop the private sector,
targeting an average growth rate at 11.5–12%, while increasing the contribution
of total factor productivity (TFP) to more than 55% of economic growth. The
digital economy is expected to account for 35–40% of the city’s GRDP.

The city posted an annual average GRDP growth rate at 5.8% in the
2021-2025 period. The current GRDP size  is estimated at over VND316 trillion.

VnEconomy-Ngô Anh Văn