With an annual average growth rate of between 25% and 30%, Da Nang’s software industry has significantly contributed to the local budget from its exports over recent years.

According to the municipal Department of Information and Communications, the export revenue of the local software has grown from several hundreds of thousands of dollars in 2000 to around 35 million USD in 2014.  Most notably, between January and September, the figure jumped by over 20% to reach 38 million USD and it is likely to hit about 40 million USD by late this year.

Employees at a local software company

Local software experts predict that Da Nang will have good export potential of its software products in the years ahead.  Currently, the city’s software producers are seeking new markets in addition to maintaining their such traditional markets as Japan and the USA.

In an attempt to attract more customers from new markets, many local software exporters are focusing on improving their facilities and developing more qualified employees to meet the increasing demand from their customers.