Hotel oversupply crisis in Da Nang
MarketThe rapid growth of accommodations, especially 1-3 star hotels, has lead to a hotel oversupply in Da Nang city.
Da Nang plans new bridge over Co Co river
ProjectsThe government of Da Nang city have just called for bids to build a new bridge spanning the Co Co river in Hoa Hai ward, Ngu Hanh Son district.
Da Nang and Quang Nam are requested to stablize estate markets
PolicyPrime Minister Nguyen Xuan Phuc has asked the People’s Committees of Da Nang and Quang Nam to work with the Ministry of Natural Resources and Environment and the Ministry of Finance to devise measures to stabilize their local property markets, preventing the recent “chaos” as reported by the media.
Da Nang city welcomes new investment waves
InvestmentMany major domestic and foreign investors have pumped capital into the central city of Da Nang in the first months of this year.
