The central city of Da Nang’s gross domestic product (GDP) rose 7.1 percent year on year in the first quarter of this year, according to the municipal Department of Planning and Investment.

During the period, service was up 11.9 percent, industry – construction up 0.6 percent, and fishery, agriculture and forestry up 4.7 percent.

Mobilised capital in the city was estimated at 50.2 trillion VND by the end of the first quarter, a 2.58 percent rise from the end of 2012. Outstanding loan balance reached more than 51.5 trillion VND, up 1.5 percent.

During the Jan – March period, Da Nang welcomed more than 590,400 tourists, a year-on-year rise of 0.4 percent. Of these, 211,800 were foreign tourists and 378,600 were domestic.

Total social turnover from tourism posted more than 1.4 trillion VND, a year-on-year surge of 15.4 percent.