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Home News Da Nang earns 1.5 billion USD from exports

Da Nang earns 1.5 billion USD from exports

alt The central city of Da Nang earned 1.5 billion USD from exports last year, of which the industrial exports accounted for 86 percent.

“It’s the first time the city has achieved the figure. However, it’s also a significant growth of exports during the economic downturn,” Vice Chairman of the city’s People’s Committee Phung Tan Viet said at a year-end meeting with the city’s industry and trade department.

The vice chairman added that foreign-invested businesses contributed 53 percent of the city’s total export revenues in 2012.

According to the industry and trade department, the city’s industrial production value reached 14.6 trillion VND (695 million USD) last year, an 8.6 percent increase in comparison with 2011.

Da Nang attracted 241 foreign-invested projects with a total capital of 3.6 billion USD, while the tourism sector hosted over 2.6 million tourists, bringing in 2.6 trillion VND (124 million USD).-VNA


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