Good signals of Da Nang economy from capital use

At the recent regular meeting of the People's Committee of Da Nang City in October 2025, Chairman of the People's Committee Pham Duc An assessed that the total outstanding credit balance in the city in the first 9 months of 2025 was higher than the total capital mobilization, proving that Da Nang is using capital well, using more capital than accumulating. This is a good sign for the city's economy.

Large amounts of capital have been invested in construction and real estate in the city, creating a premise for long-term socio -economic development. Photo: HOANG HIEP

Bright picture of credit - capital mobilization

Director of the Department of Finance Tran Thi Thanh Tam said that in the first 9 months of 2025, the banking industry operated and developed actively. Total capital mobilized in the area reached 369,150 billion VND, an increase of 22.9% over the same period in 2024 (and an increase of 16% compared to the end of 2024).

Total outstanding credit reached VND 405,980 billion, up 21.8% over the same period (and up 13.1% compared to the end of 2024). Production and business situation of all sectors recovered and grew.

According to the assessment of Da Nang City Statistics, in the first 9 months of 2025, capital mobilization activities in the city grew steadily. At the end of September 2025, capital mobilization increased by 4.7% compared to the end of the second quarter and increased by 12.2% compared to the end of the first quarter of 2025. This development shows a stable accumulated capital flow from residents and businesses.

Credit activities in the city continue to develop positively. Closely following the system-wide credit growth orientation, credit institutions have implemented many solutions, prioritizing capital for production and business and growth-driving sectors as well as strictly controlling risks.

In terms of credit terms, short-term debt balance reached VND 205,984 billion (accounting for 50.7%), up 7.9% compared to the end of 2024; medium and long-term debt balance reached VND 199,996 billion (accounting for 49.3%), up sharply 18.9% compared to the end of 2024. This shows that capital flows are more focused on long-term investment and production and business.

Credit activities in Da Nang city continued to develop positively in the first 9 months of 2025. In the photo: The investor and the bank signed a credit contract to implement a social housing project for low-income people. Photo: HOANG HIEP

According to analysis by some financial and banking experts, both mobilized capital and credit have grown by double digits, proving that cash flow is circulating strongly in the economy. High demand for loans reflects businesses expanding production and making new investments; people increasing consumption and investing in real estate and services. This is a sign of strong economic recovery and growth.

Regarding the credit term structure, short-term debt accounts for 50.7%, medium and long-term debt accounts for 49.3%, but medium and long-term debt has a growth rate of 18.9%, 2.39 times higher than the increase in short-term debt (7.9%). This is a very notable and positive point, showing that credit capital flows are shifting to long-term development investment and not just serving working capital needs.

It is likely that the loan capital will be used for infrastructure projects, industry, real estate, tourism , services, etc., key areas to promote the city's long-term growth, in line with the strategy of developing Da Nang into a new growth pole of the Central region. Overall, the bright picture of credit - capital mobilization in the first 9 months of 2025 shows that Da Nang's economy is recovering and developing positively, absorbing capital well, aiming to expand long-term investment.

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Activities in the financial and banking sector will continue to be encouraged to develop, because in addition to the leading source of public investment capital, the demand for private investment capital in the city in the coming time will certainly be very large to meet the requirements of developing projects outside the state budget. The city will focus on many solutions to promote socio-economic development, especially filling industrial parks and attracting investment in large projects. Units and localities focus on attracting investment and supporting businesses in many aspects.

Chairman of Da Nang City People's Committee Pham Duc An

Dr. Le Thi My Phuong, Deputy Head of the Finance - Accounting Department, Dong A University (Da Nang) said that the high increase in mobilized capital shows that Da Nang has a lot of potential, opportunities, and favorable conditions for businesses and individuals to do business, have stable and increasing income. The strong increase in outstanding debt reflects the huge capital demand for organizations and individuals and Da Nang is still a city with many projects and investment prospects.

The higher short-term debt structure is a signal that Da Nang's economy is truly stable and developing. The surge in medium- and long-term debt shows that banks are ready to inject capital into projects, which will create accumulated value in the future and be a good intermediary organization to support the city's economy. "The credit and capital mobilization data show that Da Nang's socio-economic development will be steady in 2025," said Dr. Le Thi My Phuong.

Encourage the development of the financial and banking sector

To contribute to maintaining the economic growth momentum and achieving growth in the following quarters, financial and banking experts recommend that the city should continue to encourage local capital mobilization and expand the population savings network. At the same time, credit should be directed to the production, innovation, and high-tech industries; and real estate risks should be limited. At the same time, credit quality should be closely monitored and improved to ensure growth goes hand in hand with the safety of the credit system.

Many large-scale projects in the area are being implemented, contributing to credit growth. Photo: HOANG HIEP

Da Nang City Statistics also recommended that the city focus on implementing solutions to expand credit safely and effectively, prioritizing capital for manufacturing, processing, tourism services, trade and small and medium enterprises.

At the same time, expand financial access for people and businesses, develop micro-credit products, preferential loan packages for business households and small enterprises; at the same time, promote financial inclusion and educate on personal financial management skills.

In addition, strictly control real estate and securities credit, limit bad debt risks; promote digital transformation in banking, increase the deployment of digital banking services, cashless payments, and e-wallets; focus on investing in network security and data security to enhance customer confidence.

The city is developing a regional financial center in line with the orientation of Da Nang becoming a service and trade center in the Central region and attracting international financial institutions and banks to open branches and representative offices in Da Nang to contribute to promoting the city's socio-economic development.

Source: https://baodanang.vn/tin-hieu-tot-cua-kinh-te-da-nang-tu-su-dung-von-3306160.html