Da Nang Industrial Parks Attract Investment

Khu công nghiệp TP Đà Nẵng thu hút đầu tư

Historical and Economic Overview

Da Nang City was established in 1888. Since ancient times, Da Nang has been an important seaport of Vietnam, now becoming a major economic center and the largest city in Central Vietnam. As a core city in the Central Key Economic Zone and one of Vietnam’s five centrally-governed municipalities (since 1997), Da Nang is a type-1 urban center and national-level hub, alongside Hai Phong and Can Tho. It ranks as Vietnam’s 4th largest city in terms of urbanization and socio-economic development, after Ho Chi Minh City, Hanoi and Hai Phong.

Da Nang is a comprehensive, multi-sectoral city serving as the political-economic-social center with key roles in industry, finance, tourism, services, culture, education, healthcare, science-technology, entrepreneurship and innovation for the Central Highlands region and nationwide. It’s also a center for regional and international events.

City of Three World Heritage Sites

Da Nang is the gateway to three UNESCO World Heritage Sites: Hue Imperial City, Hoi An Ancient Town, and My Son Sanctuary. Strategically located on North-South transportation routes (road, rail, sea and air), it serves as an important maritime gateway for the Central Highlands, Laos, northeastern Cambodia, Thailand and Myanmar. Situated along the East Sea coast and the East-West Economic Corridor (EWEC), Da Nang has strong potential to become an indispensable link in global supply and production chains.

Recent Development

In recent years, Da Nang has actively invested in infrastructure, improved its environment, enhanced social welfare, and earned recognition as “Vietnam’s Most Livable City.” In 2018, it was selected to represent Vietnam in the Top 10 Best Places to Live Abroad by Live and Invest Overseas (LIO) magazine.

Geographical Location

Da Nang covers about 1,285.4 km2, with the following geographical boundaries:

– North: Borders Thua Thien Hue province

– West and South: Borders Quang Nam province

– East: Borders the East Sea

Administrative Divisions

Da Nang has 8 district-level administrative units (6 urban districts and 2 rural districts) comprising 56 commune-level units (45 wards and 11 communes). Except for Cam Le district, all other urban districts are coastal.

Population

Da Nang has over 1.16 million residents known for their dynamism, creativity, diligence and hospitality. The workforce numbers nearly 590,000 (over 50% of population), with about 44% being trained workers.

Healthcare

Da Nang currently has 18 general and specialized hospitals, 11 district-level hospitals and medical centers, 47 commune-level health stations, and over 900 private clinics. With the establishment of medical universities, Da Nang aims to become a healthcare center for the Central Highlands and nationwide, providing high-quality human resources and medical services.

Education

As the largest education hub in the Central Highlands (3rd nationwide after Hanoi and Ho Chi Minh City), Da Nang now has 15 universities/academies, 17 colleges, numerous vocational schools, and over 200 institutions from kindergarten to high school.

Tourism

Visitors to Da Nang can explore famous landmarks like Ba Na Hills, Marble Mountains, Hai Van Pass, and Son Tra Peninsula. With over 60km of coastline featuring beautiful beaches like My Khe (voted among the world’s 6 most attractive beaches by Forbes), Da Nang has tremendous tourism potential. Numerous tourism projects with billions in investment have attracted major corporations like Vina Capital and Indochina Capital to develop golf courses, hotels and luxury resorts. The Ba Na Hills tourist site, developed since the French colonial era, now attracts visitors with its world-record cable car system and Fantasy Park – Southeast Asia’s largest indoor entertainment complex.

Infrastructure Development

Located at Vietnam’s center, Da Nang holds strategic economic-social and defense-security importance for the Central Highlands and nationwide. As a coastal city and transportation hub, it lies on the North-South railway and Highway 1A.

Road System

Da Nang connects nationally via Highway 1 (North-South) and Highway 14B (linking to South Central and Central Highlands provinces). The Hai Van Tunnel has significantly reduced travel time and accidents. The recent openings of Da Nang-Quang Ngai and La Son-Tuy Loan expressways have improved regional connectivity. Plans for East-West Economic Corridor 2 (Highway 14D) will enhance trade with Thailand, Laos and Vietnam.

Railway

The North-South railway runs 30km through Da Nang, with five stations including Da Nang Station – a major hub on the line.

Aviation

Da Nang International Airport, Vietnam’s third largest, plans to expand terminals to handle 30 million passengers annually by 2030. It currently offers domestic flights and international routes to Bangkok, Hong Kong, Siem Reap, Taipei and Singapore.

Seaport

As Vietnam’s third largest port with 15-20m depth, Da Nang Port can accommodate ships up to 28,000 DWT. Its sheltered bay provides safe anchorage during storms. The port also welcomes cruise ships, having served 95 vessels with nearly 188,000 passengers/crew. Weekly, it handles about 26 container ships.

Postal-Telecom

Da Nang is among Vietnam’s top three postal centers, offering modern services like fixed/mobile phones, internet, express delivery and e-payment. Its telecom network includes two main exchanges and 12 satellite exchanges with 40,000-number capacity, utilizing world-class technologies.

Economic Structure

With strategic advantages in transportation and logistics, Da Nang’s economy is shifting toward “Services-Industry-Agriculture/Fishery/Forestry.” Key sectors include tourism, high-value services, finance, banking, education and healthcare. Tourism has become a leading economic sector, while commerce is developing as a regional distribution center.

25 Years of Development

Since becoming a centrally-governed city in 1997, Da Nang has transformed into a modern urban center. Its GRDP grew 8-fold by 2019, with budget revenue increasing 23-fold. Tourism arrivals surged nearly 55 times during this period. The iconic Han River Bridge symbolizes the city’s development, spurring tourism growth on the east bank.

Industrial Park Development

As the Central Highlands’ economic center, Da Nang attracts major companies in textiles, consumer goods, processing, machinery and construction materials. Its industrial sector grows at 20% annually, aiming to lead Vietnam’s industrialization.

List of Industrial Parks in Da Nang:

Hoa Khanh Industrial Park (394ha) – Lien Chieu District
Hoa Khanh Expansion Industrial Park (132.6ha) – Lien Chieu District
Lien Chieu Industrial Park (289.35ha) – Lien Chieu District
Hoa Cam Industrial Park (266ha) – Cam Le District
Da Nang Fisheries Service Industrial Park (101.5ha) – Son Tra District
Da Nang High-Tech Park (1,129.76ha) – Hoa Lien Commune
Hoa Ninh Industrial Park (planned, 400ha) – Hoa Vang District
Hoa Nhon Industrial Park (planned, 405.5ha) – Hoa Vang District
Da Nang High-Tech Park Support Area (planned, 102ha) – Hoa Lien Commune

Industrial Clusters:

Thanh Vinh Industrial Cluster (29.56ha) – Lien Chieu District
Phuoc Ly Industrial Cluster (46.2ha) – Lien Chieu District
Cam Le Industrial Cluster (planned, 29.1ha) – Cam Le District
Hoa Nhon Industrial Cluster (planned, 24.7ha) – Hoa Vang District
Hoa Hiep Bac Industrial Cluster (planned, 14.5ha) – Lien Chieu District
Hoa Khanh Nam Industrial Cluster (planned, 11.8ha) – Lien Chieu District

Vision to 2030-2045

Resolution 43-NQ/TW sets goals to develop Da Nang as a national and Southeast Asian economic hub by 2030, focusing on startup innovation, tourism, commerce, finance, logistics, high-tech industry, IT and supporting industries. The city aims to become an international maritime urban center and growth pole of the Central Key Economic Zone.