According to a report on the city’s socio-economic development in the first half of 2017 recently released by the municipal People’s Committee, its gross domestic product (GDP) recorded a year-on-year increase of 8.1%. Industry, agriculture, service, FDI attraction, budget collections have all seen considerable growth.
Public administration reform continues to be accelerated. Da Nang continued to lead the country for the fourth consecutive year in the Provincial Competitiveness Index (PCI) and the PAR Index, it also topped the Networked Readiness Index for the eighth consecutive year.
The city is also stepping up efforts to prepare infrastructure for the APEC Economic Leaders’ Week, which is less than six months away. The hosting of the APEC Economic Leaders’ Week is expected to help popularise Da Nang as a city of marine and MICE tourism. It will also help improve local officials’ and residents’ integration capacity and expand the city’s external relations.
The city has exerted efforts to implement commitments to the development of the maritime economy, while resolutely safeguarding the country’s sovereignty over sea and islands.
The city has built its own plan to realise the country’s sea and island strategy, with solutions and steps suitable with the country’s current conditions while making the best use of foreign investment and technology to utilise sea resources, serving the country’s economic development in a rapid and sustainable manner.
