Da Nang achieves good growth in year’s first-half

Da Nang (VNA) – The central city of Da Nang posted a 7.54 percent increase year on year in its Gross Regional Domestic Product (GRDP) during the period from January to June.

The growth was reported at a conference on July 4 of the municipal Party Committee to review the city’s performance in the first half of 2018 and set out tasks for the last six month.

As also heard at the function, total retail sales and service revenues hit 48.68 trillion VND (2.14 billion USD), an annual increase of 14.5 percent.

The city has intensified activities to promote trade and consumption, assist exports and prevent trade fraud during the period.

Truong Quang Nghia, Secretary of the municipal Party, said concerted efforts of local authorities have produced good outcomes in the first six months.

Based on such outcome, the city would strengthen public management in the sectors of construction, urban development, and environment, he said, urging party members, public servants, workers to give feedback to help the city administration handle key issues and attract investments to fulfill its social-economic goals.

Participants agreed that in the remaining months of the year, Da Nang should review and adjust its master planning of socio-economic development and continue implementing its investment attraction programmes.

Measures to improve budget collection and a project to prevent tax evasion in high-risk sectors would be carried out.

The city should also intensify State management in the arenas of politics, security, social orders, and push forward with streamlining the apparatus and operation of non-production public agencies.-VNA