According to the Da Nang Department of Industry and Trade, the value of the city’s industrial production between January and September rose by 11.1% year-on-year to an estimate of over 27,000 billion VND. 

Most notably, the city’s industrial development index over the 9-month period jumped by 10.4% year-on-year, which was double the national average.

The increase in local industrial production was attributed to the operation of such new projects as the TCIE Vietnam automobile factory and the 29 March Textile and Garment Company’s suit factory.

The positive result for the period was also a result of significant growth in some other industries such as electricity production and distribution, beverages, electronics, computers and optical product manufacturing.