Da Nang City, Da Nang City, South Central Coast, Vietnam

🇻🇳 Da Nang (also written as Đà Nẵng) is a class-1 municipality and the fifth-largest city in Vietnam by municipal population. It is the third largest city in Vietnam by urban population, and it is considered as the third city of Vietnam. It lies on the coast of the South China Sea at the mouth of the Hàn River, and is one of Vietnam's most important port cities. As one of the country's five direct-controlled municipalities, it falls under the administration of the central government.

Da Nang is the commercial and educational centre of Central Vietnam and is the largest city in the region. It has a well-sheltered, easily accessible port, and its location on National Route 1A and the North–South Railway makes it a transport hub. It is within 100 km (62 mi) of several UNESCO World Heritage Sites, including the Imperial City of Huế, the Old Town of Hội An, and the Mỹ Sơn ruins. The city was known as Cửa Hàn during early Đại Việt settlement, and as Tourane (or Turon) during French colonial rule. Before 1997, the city was part of Quang Nam-Da Nang Province.

Economy Da Nang is the leading industrial centre of central Vietnam. Its GDP per capita was 27.3 million VND in 2009, one of the highest in Vietnam. Da Nang led the Provincial Competitiveness Index rankings in 2008, 2009, and 2010, benefiting mostly from good infrastructure, good performance in labour training, transparency, proactive provincial leadership and low entry costs.

Exports include: Textiles; Machinery, equipment; Aquatic products; Materials for garments; Handicraft products; Iron, steel; Coffee; Medicaments; Footwear; Chemical fertiliser; Rice; Motorbikes.

Agriculture, forestry, fishing Despite its status as a city, 37,800 people in Da Nang were employed in agriculture, forestry and fishing as of 2007, producing 45,000t of rice and 41,000t of fish. However, employment in these sectors had a clear negative trend in the first decade of the 21st century. Gross output has also been decreasing during the second half of the decade. Given Da Nang's lack of agricultural land and its location at the coast, fishing has been contributing more to the economy than agriculture, with a gross output more than twice that of agriculture.

Economy: Industry Da Nang is a diversified industrial centre, including industries such as machinery, electrical products, chemicals, shipbuilding, and textiles. Specific industrial products include aquatic products, fabric, clothes, bricks, fertiliser, cement, soap, paper, and medical tablets. The city's industry may diversify further. EADS is planning to set up an industrial park focused on the aviation industry in Da Nang.

As of 2007, Da Nang industry was dominated by the state sector, which made up 57% of gross output. This is about the same as its share in 2000. Over 80% of the state industry is centrally managed (in other words: belongs to state corporations headquartered in Hanoi). Almost half of the rest is contributed by the foreign-invested sector, while the private domestic sector is still relatively small and has not been able to significantly increase its share compared to the state sector. Industry grew by an average of 14.8% per year from 2000 to 2007, making it the main engine of economic growth. However, it has the second lowest industrial growth rate in the South Central Coast.

Trade Historically, Da Nang's main marketplace has been the Hàn Market (Vietnamese: Chợ Hàn), which is downtown near the west bank of the Hàn River, between Tran Phu and Bach Dang Streets. This market, much like Ben Thanh Market in Saigon, offers a wide variety of goods sold by many different vendors, such as clothing, silk, jewelry, flowers, foodstuffs such as dried fruit and fish, as well as coffee, tea and wine (including Vietnamese snake wine).

Property Many new construction projects are underway in Da Nang, including several beach-front resorts such as the US$130 million Hyatt Regency Danang Resort & Spa, and the Beach Resort complex (including Ocean Villas and Marriott Hotel) in Ngu Hanh Son. Another ambitious project, the US$250 million Da Phuoc International New Town aims to construct an entirely new urban area on reclaimed land on the city's north sea coast, making it the first major land reclamation project in Central Vietnam. Plans for the Đa Phước project include the erection of a hotel and several smaller resorts, a 33-story apartment block and 60-story office block, an 18-hole golf course, a marina, as well as villas and international schools.