Da Nang aims to reach economic growth of 10% by 2030

Da Nang has set a target of reaching an economic growth rate of 9.5-10% per year and a GRDP per capita of 200-220 million VND by 2030, according to a Resolution on the Da Nang Planning in the 2021-2030 period, with a vision to 2050.
A corner of Da Nang city
A corner of Da Nang city

Under the Resolution recently approved by the municipal People’s Council, Da Nang will focus on promoting its economy towards three pillars, including tourism promotion, a knowledge-based economy, and high-quality services.

The city will strive to have a 9-11% increase in annual budget revenue and an 11-12% expansion in total investment capital for social development.

Da Nang also expects to create new jobs for about 32,000-35,000 people per year and keep the unemployment rate below 5%.

The rate of trained labourers with degrees is anticipated to reach 66% by 2030.

The Resolution also expresses the view of building Da Nang into a growth pillar of the central economic region, with both digital and green economies being a focus of development.

NDO