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Thursday, 26/3/2026 | 00:06 GMT+7

Investment capital in Da Nang surges fivefold in Q1

Da Nang attracted over 57 trillion VND in investment capital during the first three months of the year, more than five times the amount from the same period last year, with new business registrations also increasing by 55%.

According to the city's Q1 2026 socio-economic report, total domestic investment reached 57,597 billion VND, a substantial increase compared to 10,086 billion VND in Q1 2025. The city approved 29 new projects totaling 53,800 billion VND, with the remaining capital attributed to adjustments in existing projects.

Foreign direct investment (FDI) in Da Nang exceeded 36 million USD, equivalent to approximately 1 trillion VND at current exchange rates. Cumulatively, the locality has attracted 2,044 domestic projects with over 804 trillion VND in capital, alongside 1,101 FDI projects totaling approximately 10.7 billion USD.

The city highlighted that several large-scale projects, valued at tens of trillions of VND, are currently underway. These initiatives are expected to drive the local socio-economic development in the long term. Notable projects include the Danang Downtown commercial and service complex combined with an amusement park, valued at nearly 80 trillion VND, and the Lang Van resort and entertainment complex, costing nearly 44 trillion VND.

Other significant projects have also received investment policy approval. These include the Lien Chieu port, exceeding 45 trillion VND; the Chu Lai urban area, at 15 trillion VND; the Ngu Hanh Son ward international fireworks festival complex, at 10 trillion VND; and the Da Nang international airport passenger terminal project, valued at nearly 5 trillion VND.

A corner of Da Nang in early 2026. *Photo: Nguyen Dong*

During the same period, Da Nang saw the establishment of over 1,500 new businesses, with a total charter capital exceeding 3.4 trillion VND. This represents a 55% increase in the number of businesses and over a 100% increase in capital compared to the same period last year.

A significant milestone for the city was the inauguration of the Vietnam International Financial Center in Da Nang on 9/1. The center provides over 4,000 square meters of workspace equipped with full internet, 5G, data bandwidth, and server infrastructure. Local authorities have actively connected with, promoted, and introduced the center to numerous businesses and investors.

To date, representatives from the center's management board stated that 12 membership certificates have been issued. Additionally, 9 investors are finalizing their registration documents, while 11 entities have expressed interest.

The city announced that in 2026, the 20-story building at the international financial center will be completed and operational, providing an additional 27,000 square meters of floor space. The locality also aims to establish two to three specialized trading floors. Concurrently, authorities will intensify efforts to promote Da Nang's image and attract investment in science and technology and innovation, targeting markets such as the UAE, Qatar, the United States, Canada, and Europe.

Hoai Phuong

By VnExpress: https://vnexpress.net/von-dau-tu-vao-da-nang-tang-gap-5-lan-trong-quy-i-5054669.html
Tags: foreign investment investment FDI Da Nang

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