Central Da Nang city posts impressive economic growth in the first quarter of the year with a GRDP growth rate standing at 11.36%, according to the city's People’s Committee.
Most of the sectors grew compared to the same period in 2024, particularly trade and services.
With regard to tourism activities, the city welcomed over 1.26 million foreign visitors in the period, up 42.1% year-on-year. Accommodation and food services recorded a growth of 19.45%.
The city’s Index of Industrial Production (IIP) rose 11.1% year-on-year with processing and manufacturing continuing to lead the industrial sector.
In the first quarter, the total import and export turnover hit $ 803 million, up 5.7% over the same period in 2024. Of the figure, export contributed $463 million, up 3%, and import $340 million, up 9.7%.