Da Nang (VNA) – In the first two months of 2026, the central coastal city of Da Nang stepped up efforts to attract domestic and foreign investment through stronger promotion activities and improvements to the local business climate.
In addition, land reserves have been reviewed, infrastructure upgraded and administrative bottlenecks addressed to facilitate project implementation.
From January 21 to February 20, newly registered domestic investment capital reached 28.814 trillion VND (about 1.1 billion USD), 12 times higher than the same period in 2025. Ten new projects were licensed with total registered capital of 28.45 trillion VND, up three projects and 20-fold in capital year-on-year, according to the municipal Statistics Office.
Most of the newly registered capital was channelled into large-scale projects expected to generate spillover effects. Among them, the Southern Nguyen Tat Thanh Complex Urban Area project in Quang Phu ward, covering more than 296 hectares, was approved in principle with total investment of nearly 18 trillion VND. This project is designed as a modern urban complex integrating housing, commercial – service facilities and green spaces.
From the start of the year to February 20, Da Nang attracted almost 34.78 trillion VND in domestic investment, seven times higher than the same period last year. In total, 22 new projects were granted investment certificates with combined registered capital of 31.33 trillion VND, up 11 projects and 20 times in capital year-on-year. Four existing projects increased their capital by 3.84 trillion VND.
Regarding foreign direct investment (FDI), total registered capital between the year's beginning and February 20 reached 34.5 million USD, down 27.1% from the same period last year. The city licensed 21 new FDI projects, up 31.3% in number, but newly registered capital stood at 5.7 million USD, down 52.4%, reflecting the small and medium scale of most projects.
Meanwhile, 12 existing FDI projects raised their capital by 23.5 million USD, six projects more than in the same period last year. There were also five capital contribution and share purchase transactions worth 5.3 million USD, compared to four transactions valued at 0.1 million USD a year earlier.
Although no breakthrough large-scale FDI projects were recorded, the rising number of new projects and capital contributions to local firms indicates sustained foreign investor interest and is expected to support cooperation expansion in the coming months, the office noted.
On the sidelines of the World Economic Forum annual meeting in Davos, the city organised a business roundtable titled “Da Nang: Nexus of Green Capital & Digital Finance”, introducing its development orientation towards green growth and digital transformation.
Tran Van Vu, head of the municipal Statistics Office, said Da Nang has consistently implemented business support policies and a selective investment attraction strategy, prioritising high technology, smart city building and sustainable development, thereby strengthening investor confidence and enhancing the city’s competitiveness in the new development phase./.
VNA
