Danang City
Saigontourist plans five-star hotel in Danang
ProjectsSaigontourist Group has said it will build a five-star hotel in Danang City soon. This is one of a number of hotel projects that the nation’s leading hotel and travel firm will be developing outside HCMC.
Ex-Danang leaders slapped long jail terms for illegal land transfers
PolicyFormer chairman of Danang City Tran Van Minh and his successor, Van Huu Chien, were sentenced to jail terms of 17 and 12 years, respectively, for their involvement in the acquisition of public land by Phan Van Anh Vu.
Negligence blights Danang social housing project
PolicyLax management has been blamed for the failure of social housing in Danang City. Many social apartments are being sold or rent at commercial prices and low-income people can hardly afford them.
PM approves IT park establishment in Danang
PolicyThe prime minister has just signed a decision approving the establishment of an information technology park in Danang City, which is expected to be modeled after the United States’ Silicon Valley.
Danang calls for investment in 60 projects
InvestmentThe central coastal city of Danang plans to call for investment in the VND50 trillion (US$2.16 billion) City Opera House project and the VND54.5-trillion subway system project for the 2020-2025 period.
Two Chinese-invested firms own rights to 21 land lots in Danang
PolicyThe Department of Natural Resources and Environment in Danang City said on September 20 that two firms with Chinese involvement own the rights to 21 coastal land lots in the central city.
Mikazuki Group invests heavily in resort project in Danang Bay
ProjectsDANANG – Japan-based Mikazuki Corporation on March 28 began work on a spa and hotel resort project in Danang City, which requires an investment of US$100 million and is expected to improve the tourism sector of Danang.