The private capital flow into Da Nang has been quite active recently with a series of large projects starting and accelerating construction. This affirms that the private economy plays a supporting role, being the main growth driver for the city's economy.
A series of large projects simultaneously started construction
Of the 21,858 billion VND of total social investment capital in Da Nang city in the past 6 months, the private sector's capital source accounted for nearly 15 trillion VND, an increase of nearly 57% over the same period. A series of large projects have been deployed, creating a vibrant investment atmosphere. Notably, the TTC Plaza Da Nang project is one of the key commercial complex projects in the coming time in the city center with a total investment of nearly 3,000 billion VND. The project is designed in a unique block shape, creating a luxurious and modern architectural highlight with the expectation of not only contributing to changing the face of the city, attracting domestic and foreign tourists but also fully meeting the diverse needs from shopping, cuisine to culture, education, and entertainment of local people.
Or the Sunsea Towers Tourist and Commercial Service Apartment Project is a complex including a commercial center, luxury apartments and houses combined with hotels, located in the tourist center of Da Nang city on an area of about 4,000m², including 2 towers 25 floors high, with a total investment of 1,140 billion VND. The Olalani Riverside Tower project is a complex of high-end apartments along the Han River, located in Son Tra ward with a total investment of 7,650 billion VND, including 3 twin towers, each tower is 26-37 floors high, providing about 2,500 apartments. The apartments have an area of 110-191m², meeting 5-star standards. In addition, the project also has low-rise housing areas such as townhouses and villas. The project has currently implemented VND 1,434 billion, equivalent to 18.7% of the total investment. Ms. Tran Thi Thanh Tam, Director of the City Department of Finance, said that in recent times, the city has focused on removing difficulties and legal problems of projects and enterprises, creating favorable conditions for investors to soon start construction works and projects to promote the city's socio-economic development. Many real estate projects have been implemented simultaneously, along with the issuance of notices of projects with future housing eligible for sale, which has strongly promoted construction and real estate business activities. Typical examples include the Center Point Da Nang project, the Han River Park Apartment project, the Da Nang Marina luxury apartment complex, the TTC Plaza Da Nang project, the Estuary Tuyen Son complex project, the Couple Sun Ponte project, the Bac Cuong Tower project, the Symphony Tower project, the Danang Landmark Tower project, etc.
Private investment leads growth
According to Mr. Tran Van Vu - Head of Statistics, Statistics of Da Nang City, in 2025, many large-scale projects implemented by private enterprises have significantly contributed to the increase in investment capital. Notable projects include the Lang Van Tourism Complex and Resort Urban Area project of VND 37,728 billion; The Nam Khang Resort Residences of VND 2,625 billion; Nobu Residences Da Nang Apartment and Hotel Complex of VND 3,687 billion; New Town High-end Commercial - Sports Service Urban Area of VND 4,889 billion; Ba Na entertainment complex worth 11,000 billion VND... These projects are not only large-scale, but also have fast implementation progress, effective capital disbursement, and positive contributions to the city's overall investment results. At the same time, the private economic sector has also clearly demonstrated its flexibility and strong resilience, as many businesses have proactively expanded investment in potential areas such as real estate, tourism, trade, pharmaceutical production, etc., thereby contributing to promoting the vibrancy and spread of the non-state investment market in the city.
In addition to domestic private capital projects, a series of FDI projects have also poured into Da Nang, making the investment picture even more vibrant. Notably, the KP Vina Aviation Components Factory of KP Aerospace Vietnam Co., Ltd., with a designed output of 684 products/year, marks a strategic step for the high-tech support industry in Da Nang; Foxlink Electronics Factory Da Nang (Phase 1) of Foxlink Electronics Da Nang Co., Ltd., an important project in the field of manufacturing electronic components with high export value.
Statistics show that 1,992 billion VND of FDI capital has been invested in the city in the past 6 months, an increase of more than 41% over the same period. This remarkable growth reflects a positive recovery signal of the FDI enterprise sector after a long period of being affected by fluctuations in the global economy. In particular, many support measures from the city government such as improving administrative procedures, removing obstacles in accessing land, resources, investment attraction policies and post-licensing support... have initially shown effectiveness, creating confidence for foreign investors to confidently expand production and business activities in the locality.
It can be seen that the private economy is gradually asserting its role as the main force in investment activities in the city, clearly demonstrated by the proportion of 68.5% in the total social investment capital in the past 6 months. Also during this period, the city attracted 122 million USD of FDI capital, nearly 18 trillion VND of domestic investment capital. The main growth driver in private investment capital, first of all, is the investment environment in Da Nang, which has been constantly improved with a series of policies to encourage and support private enterprises and households to promote investment and production and business. In addition, the city has promoted administrative procedure reform, improved the quality of technical infrastructure, thereby creating a favorable foundation to attract strong investment.
According to Da Nang City Police