s of 2007, Đà Nẵng industry was dominated by the state sector, which made up 57% of gross output. This is about the same as its share in 2000. Interestingly, over 80% of the state industry is centrally managed (in other words: belongs to state corporations headquartered in Hanoi). Almost half of the rest is contributed by the foreign-invested sector, while the private domestic sector is still relatively small and has not been able to significantly increase its share compared to the state sector. Industry grew by an average 14.8% per year from 2000 to 2007, making it the main engine of economic growth. However, it has the second lowest industrial growth rate in the South Central Coast (behind only Khánh Hòa Province). Employment has grown at an average 5.75%, reaching 118,900 in 2007.
Trade
Historically, Đà Nẵng's main marketplace has been the Hàn Market (Vietnamese: Chợ Hàn), which is located downtown near the western bank of the Hàn River, between Tran Phu and Bach Dang streets. This market, much like Bến Thành Market in Saigon, offers a wide variety of goods sold by many different vendors, such as clothing, silk, jewelry, flowers, foodstuffs such as dried fruit and fish, as well as coffee, tea and wine (including Vietnamese snake wine), etc.
Property
Many new construction projects are underway in Đà Nẵng, including several beachfront resorts such as the US$130 million Hyatt Regency Danang Resort & Spa, and the Beach Resort complex (including Ocean Villas and Marriott Hotel) in Ngũ Hành Sơn. Another ambitious project, the US$250 million Da Phuoc International New Town aims to construct an entirely new urban area on reclaimed land on the city's north sea coast, making it the first major land reclamation project in Central Vietnam. Plans for the Đa Phước project include
