Da Nang leaders present investment policy approval decisions and investment registration certificates for infrastructure projects at Sites 2, 3 and 4 of the Da Nang Free Trade Zone (FTZ) in June 2026. Photo: Truong Trung / Tuoi Tre
The Da Nang People's Committee reported on Thursday that investment attraction in the city had surged in both foreign and domestic sectors.
The city attracted $681.55 million in FDI in the January-September period, 2.87 times the amount recorded in the same period last year.
Da Nang granted investment approval to 100 new FDI projects with total registered capital of $522.2 million, up sharply from $145.7 million a year earlier, with both the number of projects and investment capital increasing.
The city currently has 1,162 FDI projects with a total registered capital of around $11.28 billion.
Domestic investment also grew strongly, rising 183.8 percent year on year to VND185.76 trillion ($7.07 billion), or about 2.84 times the figure recorded in the first nine months of 2025.
The city approved 66 new domestic investment projects with a total registered capital of VND96.084 trillion ($3.65 billion), more than double the amount recorded a year earlier.
According to the municipal administration, Da Nang is accelerating new growth drivers, including the development of its free trade zone (FTZ).
The city has approved investment policies and investors for four of the seven planned FTZ locations, namely Sites 2, 3, 4 and 5, with total registered capital of nearly VND16 trillion ($608.4 million).
Da Nang has also launched the FTZ's Functional Area 2 project, with a total investment of VND1.568 trillion ($59.6 million).
The projects are now moving into site clearance, technical, construction and land-related preparations, while procedures for the remaining FTZ locations are continuing.
The Downtown Da Nang megaproject, with total investment of nearly VND79.79 trillion ($3.03 billion), is underway in central Da Nang. Photo: Truong Trung / Tuoi Tre
Da Phuoc megaproject gets investment policy adjustment
The Da Nang People's Committee said 97.6 percent of projects covered by Conclusion No. 77 and Resolution No. 170 had had their problems addressed, helping unlock land resources, resolve long-standing projects and support socio-economic development.
The city has completed handling all 1,313 cases involving violations of land-use periods and all 16 plans for reassessing land prices.
It has also reviewed all 13 projects on Son Tra Peninsula and resolved financial obligations for 213 secondary investors.
The 181-hectare Da Phuoc International Urban Area project has also received approval for an adjustment to its investment policy.
Max: 1500 characters
There are no comments yet. Be the first to comment.