Da Nang earns 1.23 billion USD from IT and communications
The information technology and communications industry of Da Nang earned 27.7 trillion VND (1.23 billion USD) in revenue last year, of which 68 percent was from IT and electronics manufacturing.
Da Nang (VNA) - The information technology and communicationsindustry of the central province of Da Nang earned 27.7 trillion VND (1.23billion USD) in revenue last year, of which 68 percent was from informationtechnology (IT) and electronics manufacturing.
Director of the city’s information and communication department Nguyen QuangThanh said the industry contributed 5.5 percent to Da Nang’s Gross RegionalDomestic Product (GRDP) in the year.
He said the city’s software exports grew in 2018 to 78 million USD, a 29 percentincrease in comparison to 2017.
Thanh said the industry has drawn nearly 900 businesses with 25,000 jobs, inwhich 43 percent are in software services and IT outsourcing.
According to the department, Japan and the US were seen the two key markets of DaNang’s software export, accounting 72 percent of export turnover in 2018.
The city has been developing five software parks and IT parks, with four parksalready operational, with the largest the 341ha Da Nang Information TechnologyPark (DITP) with total registered investment of 278 million USD.
Last year, Da Nang’s software park was recognised as a centralised informationtechnology centre, the third in Vietnam after Hanoi and Ho Chi Minh City.
The department said Singapore’s Sembcorp company also plans to commence constructionof Da Nang Software Park No 2 in the resort-style Da Phuoc Urban Project in2019 with an estimate investment of 91.6 million USD for the first phase ofoperations. — VNS/VNA
The central city of Da Nang will speed up the construction of key water plants – the Cau Do, Hoa Trung and Hoa Lien – in order to supply 250,000 cubic metres of clean water each day by 2019-2020.
Measures to develop cruise-based tourism in the central coastal city of Da Nang were discussed at an international conference in the city. The event was attended by representatives
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Da Nang Software Park (Source: VNA) 
