Da Nang’s GRDP up nearly 5 percent in H1

The central city of Da Nang posted a gross regional domestic product (GRDP) growth rate of 4.99 percent in the first half of this year, the municipal statistics office said on June 29.

Workers at an industrial park in the central city of Da Nang. (Photo: VNA)

Da Nang (VNA)– The central city of Da Nang posted a gross regional domestic product (GRDP) growth rate of 4.99 percent in the first half of this year, the municipalstatistics office said on June 29.

The services sectorsaw the highest expansion in the reviewed period, at 5.34 percent. The industrial sector andconstruction gradually recovered, up 2.85 percent and taxes on products surgednearly 8 percent.

Agro-forestry andfishery sector, however, was down 0.08 percent against the same period lastyear.

In terms of the GRDPscale, the city took the lead amongst localities in the central key economicregion, and retained its 16th place out of 63 centrally-run provinces andcities nationwide.

State budgetcollection of Da Nang had reached 10.7 trillion VND as of June 20, ayear-on-year decline of 3.5 percent. Meanwhile, budget spending had neared15.18 trillion VND, up 7.6 percent compared to the same period last year.

The unemployment rate inthe city was 7.27 percent in the first six months of the year. By the end of June,local authorities had allocated more than 501.7 billion VND to support 326,141people, primarily laid-off workers, small-sized household businesses and policybeneficiaries.

The city has set atarget to obtain a growth rate of over 6 percent in 2021./.

VNA

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