Research on GRDP scenaries of Danang in 2021-2025 period

Abstract

Based on current situation of economic growth, development trends, opportunities and challenges of socio-economic development of Da Nang, the study presents three scenarios on GRDP growth of Danang in the period of 2021 -2025. Among these 3 scenarios, the authors propose the most appropriate scenario, built on combining GRDP growth rate, contribution proportion of economic sectors in 2016-2020 with the accelerated implementation of Resolution 43-NQ/TW, meeting the efforts and expectations of Danang people. According to this scenario, the economic growth rate of Da Nang in 2021-2025 period will increase by 9.83% per year on average. Particularly the service will increase by 10.38%; industry - construction and fishery - agriculture - forestry increase by 8.84% and 0.78% respectively.