WHY Da Nang
Da Nang is the leading industrial center of central Vietnam.
GRDP (Gross Regional Domestic Product) increase 7,75%, one of the highest in Vietnam (after Ho Chi Minh City, Hanoi, Binh Duong, and Dong Nai)
Economic structures : Service area : 64,56%
Industry – construction area : 22,32% (Industry : 16,57%)
Agricuture – Fishery – Forestry Area : 1,72%
Investment policies: Many important policies, offering solutions to improve the environment, improve competitiveness to attract FDI, develop the economy.
6 Industrial Zone and 1 High-tech Part
Staged in Da Nang, the exhibition is a good platform to find and secure opportunities in Da Nang. It attracts key players from manufacturing, supporting industry and general industry.
KEY INSIGHT
Da Nang is a favorable geographical position, developed infrastructure and open external relations. It located on regional and international trade axes, including the North-South transport route and the East-West economic corridor, is a very favorable condition for Da Nang to thrive in all aspects.
Industrial and commercial activities have achieved many encouraging achievements, positively affecting production and business activities and people’s lives, contributing to promoting the city’s socio-economic development in the industrial period. industrialization, modernization and international economic integration.
Industrial production has maintained a high growth rate, averaging 14.48% per year in the 1997-2005 period; period 2006-2010 was 8.53% per year and 2011-2016 increased by 11.8% per year. Industrial products are increasingly rich and diverse.
Da Nang is investing in relatively complete construction including 7 industrial parks and industrial clusters with a total area of 1,084.5 ha; The average occupancy rate is 85.9% with 414 projects, including 96 foreign investment projects. Some projects with great production value, making positive contributions to industrial growth such as Hoa Tho Textile and Garment, March 29 Textile, Da Nang Rubber, VBL Da Nang, Mabuchi (Japan), Vietnamese electronics Hoa….
Completing the construction of essential technical infrastructure items of the Hi-Tech Park (acreage of 1,010 ha), attracting 03 projects, including 02 projects with 100% investment capital from Japan All are in the field of precision mechanics with a total investment of 70 million USD and 01 domestic project.
In general, the infrastructure of industrial parks has been completed, meeting the production and business needs of domestic and foreign investors.
Da Nang is one of the fastest growing, with large of manufacturers powering up the manufacturing and supply chain inflow.
DA NANG
6 Industrial Zone and 1 High-tech Part
FDI amount & ratio by major city *2021 Unit : Million USD
Da Nang City: 160.5 (ranked first in the Central region)
Thua Thien Hue : 158
Quang Tri : 88
Quang Binh : 54
Binh Dinh : 30