Da Nang attracts investment capital

Software Park No. 2 in Da Nang has been fully leased by businesses with a total area of ​​21,000m2, expected to become a new growth nucleus of Da Nang. Photo: XUAN LAN

Growth Lever

Da Nang City aims to complete and put into use 19 projects, and start construction on 23 projects in 2025. At the beginning of the year, specific measures were implemented to speed up construction progress and disbursement of capital plans. At the same time, urgently approve unallocated medium-term capital for 2021 - 2025; medium-term public investment plan and list of key projects for the period 2026 - 2030...

According to the Da Nang Statistics Office, total social investment capital in the first quarter of 2025 reached VND 9,773 billion, an increase of 43.3% over the same period in 2024. Of which, state investment capital reached VND 2,352 billion, accounting for 24.1% of total investment capital. Particularly, state investment capital managed by localities reached VND 1,568 billion, an increase of 39.3% over the same period in 2024, reaching 18.3% of the 2025 plan.

Leaders of Da Nang City and FPT Complex Group performed the ceremony to put into operation the 3rd office area of ​​FPT Complex Da Nang. Photo: XUAN LAN

Typically, the Lien Chieu Port Construction Investment Project - shared infrastructure has a total investment of 3,426 billion VND (central capital 2,995 billion VND, the remaining capital is from Da Nang City budget). In 2025, the central capital will allocate 1,291 billion VND. The project has started construction to date, reaching 2,665 billion VND (77.5% of total capital); expected to be completed by the end of 2025.

Next to that, the Coastal Road project connecting Lien Chieu Port is being urgently constructed to call for investors to invest in Lien Chieu International Port. The project has a total investment of 1,203 billion VND, and so far the volume has reached 525 billion VND (nearly 44%).

According to the Da Nang Statistics Office, in the first quarter of 2025, non-state investment capital in the city reached VND 5,877 billion, accounting for more than 60% of total investment capital, up 44.5% over the same period in 2024. Of which, capital of non-state organizations and enterprises reached VND 4,867 billion (up 53.8%); investment capital of residents reached VND 1,011 billion (up 12%).

On January 2, 2025, FPT Corporation (FPT) put into operation phase 3 of the FPT Complex Da Nang office complex, providing working space for 10,000 IT employees, connecting globally. This is the first concentrated IT Park invested by FPT capital with a total value of 1,395 billion VND, over 5.9 hectares in Ngu Hanh Son district, with 8,000 IT employees, contributing 69% of Da Nang's total software export turnover and paying the city budget more than 326 billion VND in 2024.

FPT Complex Da Nang is the first concentrated information technology park invested by FPT enterprise capital with a total value of 1,395 billion VND in Ngu Hanh Son district. Photo: XUAN LAN

On March 27, 2025, FPT opened a high-tech and semiconductor R&D Center at Da Nang Software Park No. 2, with an area of ​​3,000m2. FPT is the "opening" unit operating at Da Nang Software Park No. 2 and this total area of ​​21,000m2 has been quickly rented by domestic and international technology enterprises, expected to become an important nucleus in the new technology ecosystem, creating a new foundation and driving force for Da Nang City to reach out to international integration.

Impressive is the Nobu Residence Danang project at the intersection of Vo Van Kiet - Vo Nguyen Giap, facing My Khe beach. When completed, this 43-storey building, 186m high, will become a new symbol of Da Nang City, with a total investment of 3,687 billion VND, progress reaching 31%. Or the New Town project (formerly VinaCapital Golf Course) with a total investment of 4,889 billion VND, also completed 39.6%.

Attract investment

In the first quarter of 2025, foreign direct investment (FDI) in Da Nang reached VND 1,544 billion, accounting for 15.8% of total investment capital, up 80.5% over the same period last year. This remarkable growth proves that Da Nang City's measures on policy mechanisms and removing difficulties for FDI enterprises have begun to be effective. Some major projects such as: Foxlink Da Nang Electronics Factory; Mikazuki Spa & Hotel Resort (phase 2); Nam Phat high-end coastal resort and villas...

Secretary of the Da Nang City Party Committee - Nguyen Van Quang met and had a dialogue with foreign investors in Da Nang. Photo: XUAN LAN

Notably, in the first quarter of 2025, Da Nang attracted 6 domestic investment projects with a total registered capital of VND 14,655 billion (4.3 times higher than the same period in 2024) and nearly 40 million USD of FDI capital. Of which, more than VND 8,240 billion of domestic investment capital and 1.7 million USD of FDI capital were invested in projects outside industrial parks; VND 6,395 billion of domestic capital and more than 32 million USD of FDI capital were invested in industrial parks, high-tech parks, and concentrated IT parks of Da Nang.

Mr. Nguyen Van Quang - Member of the Party Central Committee, Secretary of the Da Nang City Party Committee said that in recent years, with the determination, solidarity and unanimity of the Party Committee, government and people, and the support of central agencies, investors and businesses, Da Nang City has achieved many achievements in socio-economic development.

“In the coming time, to promote potential, outstanding opportunities, competitive advantages, and at the same time overcome difficulties and limitations, Da Nang City will focus on implementing strategic orientations to build, develop faster and make breakthroughs in the new period. Thereby, contributing to the country's steady progress into the era of rising up and developing richly and strongly” - Mr. Nguyen Van Quang shared.

Source: https://baoquangnam.vn/da-nang-hap-dan-von-dau-tu-3152860.html