Recognizing a distinct tourism city
Phuket, Bali or Maldives are all top tourist paradises, destinations that regularly appear on rankings. prestigious tourism class. In Vietnam in terms of natural ecology or infrastructure… Da Nang has many natural resources and infrastructure to attract investment to bring Vietnam to the world and compete directly with the world. Phuket Bali or Maldives on the regional map.
Before Covid-19, revenue from tourism contributed up to 80% of Phuket’s economic value. This number for Bali fluctuates at 60-80% of GDP. With these two destinations, tourism is the “backbone” industry. While referring to Da Nang in 2019, tourism contributed more than 30% to GRDP.
Looking at the local economic structure, tourism is considered an industry with a high proportion, but compared to Bali or Phuket Danang’s dependence on tourism is somewhat more limited. On the general structure, the industries that generate revenue for the city also include agricultural industry… contributing to attracting FDI and an expert workforce to the city to work and live.
In the definition Development direction until 2045 Da Nang aims to move towards a smart, large city with a sustainable identity – a model of multi-dimensional and multi-polar development. Not only is Da Nang an international coastal urban area, it also aims to become a modern and smart ecological urban area – a livable city worth investing in.
According to an assessment from CBRE Vietnam, there are currently not many potential markets in the region. like Da Nang Phuket or Bali are simply resort markets. These markets do not have a combination of relaxation and long-term stays like Da Nang. Compared to the resort market in the Da Nang area, it is quite different. This is a market rich in potential.
To be different and become unique
In 2018, Da Nang was one of the 10 most worth living addresses world voted by Live and Invest Overseas. The recognition of international experts for Da Nang comes from many distinct advantages of the city when it attracts up to 16,000 immigrants each year.
Considering the advantage of location, Da Nang is quite outstanding. Because if Phuket Bali or the Maldives are both island cities, Da Nang possesses a strategic position in terms of economy and security – defense, an important link of the East-West economic corridor.
However, it’s not just the location Urban infrastructure and people’s livelihood also contribute significantly to the coastal city gradually reaching “livable” standards. Over the years, Da Nang has pursued the goal of becoming a “5 no” city, 3 yes 4 safe, which has significantly improved people’s lives, bringing good sympathy from tourists. The health-education system has also been promoted with 21 public/private hospitals, the ratio of doctors per 10,000 people ranks second in the country, and international educational facilities to serve the increasing demand for high-quality education. .
Da Nang has included the goal of becoming a livable city in its development planning by 2030. But according to many experts, Da Nang will truly become a high-class livable city. There is still much work to be done.
Assoc. Prof. Dr. Tran Dinh Thien – Former Director of the Vietnam Institute of Economics – said: “To accomplish those tasks, there must be a development alliance between the State and business. Danang needs to be a model to attract “eagles” to become a home for big “eagles”.
Da Nang not only has to promote investment attraction. In order to develop service tourism and the digital economy, it also needs to be a place “worth living in the sense that ‘heroes’ choose a place to live” in other words, it is necessary to develop more urban areas for high quality living according to standards. internationally in addition to real estate associated with resort tourism to meet the needs of buying or renting houses of global citizens.
Looking at the high-end housing market in Da Nang, experts from CBRE also evaluate this “piece of cake” as very potential when “all in one” urban areas serving all residents’ needs will not only serve foreign guests but also attract investors from Hanoi. Ho Chi Minh City buys for rental investment in the context of trends such as workcation staycation digital nomad becoming increasingly popular.
Lonely Planet magazine once introduced Da Nang as one of the most interesting cities in Vietnam . The excitement comes from the Creator giving this place beautiful landscapes from its strategic geographical location, culture or history.
In the future, if the city can solve the problem of investment and revenue, Attracting brainpower to the locality, soon the excitement will increase in the appearance of a city worth visiting, worth living, worth investing in.
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