Da Nang targets annual growth of 9.5-10% by 2030

Han River runs through the central city of Da Nang.  (Photo: VNA)

The People’s Council of Da Nang city has just approved a resolution on the Da Nang city Master Plan for the 2021-2030 period, with a vision to 2050 which will be soon submitted to the government for approval.

Accordingly, by 2030, the city expects to achieve an average annual economic growth rate of 9.5-10% and a gross regional domestic product (GRDP) per capita of about 200-220 million VND (8,500 – 9,350 USD) per person.

By 2030, the city’s economic development will focus on three pillars, namely tourism, knowledge-based economy, and service centre.

Under the master plan, the city also strives to have annual budget revenue increase of 9-11%, and total investment capital for social development by 11-12%.

Da Nang city expects to have about 32,000-35,000 jobs created yearly by 2030. (Photo: VNA)

The city targets to mobilise about 800 trillion VND in investment capital for social development in the period of 2021-2030.

Its population is expected to increase by 2.9% yearly during the period and will reach about 1.56 million people by 2030.

Each year, about 32,000-35,000 jobs will be created in the city. The city also plans to keep the unemployment rate below 5% and trained workers will account for 66% of its total workforce./.

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