In the period, the city’s economic scale was estimated to exceed VND 57.79 trillion (USD 2.47 billion), of which the service sector accounted for 67.44%. The industry grew 9.82% and made up 89,95% to the overall growth of the economy, which was at 7.23%.

Meanwhile, the local trade expanded by about 5.9% against the same period last year, with retail sales of goods nearing VND 31.92 trillion.

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(Photo for illustration)

Revenue from accommodation and food services stood at some VND 8.329 trillion, up 13.2% year-on-year. The total number of visitors served by local lodging facilities was estimated at 1.3 million, an annual increase of 33.7%.

Other trade-service areas such as transport-postage-delivery, information-communications, and finance-banking-insurance also recorded significant annual revenue growth, at 23.5%, 9.4%, and 7.42%, respectively.

Secretary of the municipal Party Committee Nguyen Van Quang said in the first six months, authorities promptly issued many policies and took measures to help the city safely, flexibly, and effectively adapt to the pandemic and recover.

Also during the period, Da Nang successfully hosted the 16th Asian route development forum (Routes Asia 2022). As a result, it saw a significant increase in the volume of domestic flights and a growing trend in the number of foreign arrivals.

Source: VNA