Da Nang - Economy

Economy

Đà Nẵng is the leading industrial center of central Vietnam. Its GDP per capita was 19 million VND in 2007, one of the highest in Vietnam (after Hồ Chí Minh City, Hanoi, Bình Dương Province, and Đồng Nai Province). By 2009, this had increased to 27.3 million VND.

Đà Nẵng led the Provincial Competitiveness Index rankings in 2008, 2009, and 2010 (and was second after Bình Dương Province in the three years before that), benefiting mostly from good infrastructure, good performance in labour training, transparency, proactive provincial leadership and low entry costs.

Exports million US$ (2007) Imports million US$ (2007)
Total 469.6 Total 522.1
Textiles 139.8 Machinery, equipment 237.2
Aquatic products 75.2 Materials for garments 77
Handicraft products 51.6 Iron, steel 41.6
Coffee 47.6 Medicaments 24.9
Footwear 17.7 Chemical fertilizer 22.5
Rice 8 Motorbikes 0.45

Exports increased to 575 million US$ in 2008, but fell back to 475 million US$ in 2009.

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