Danang encounters difficulty in attracting investment
InvestmentDespite breaking records in investment attraction last year, at VND8.830 trillion in domestic investment and US$691 million in foreign direct investment, Danang has also experienced hurdles in investment attraction.
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.
Special system needed for homestays in Hoi An
PolicyThe central city of Hoi An has been asked to work out a special system for investing in homestays that are appropriate for the ancient town.
Danang to add 4,500 high-end hotel rooms: CBRE
MarketAn extra 4,500 four- and five-star hotel rooms will be put into service this year and next in the central coastal city of Danang, according to property service provider CB Richard Ellis Vietnam (CBRE Vietnam).
Multiple Japanese firms seek investment opportunities in Danang
InvestmentA delegation of over 130 Japanese firms, representing a variety of fields, has visited the central city of Danang to study the investment environment in local industrial zones, hi-tech parks, as well as real estate and services.
Hue seeks investors for major tourism project
ProjectsThe Management Board of Urban Development Areas of Thua Thien-Hue Province has announced the shortlist of investors for the Hue Tourism Market project.
Danang-based small hotels hindered from seeing sustainable growth
MarketMany one-to-three-star hotels in the central coastal city of Danang are struggling to achieve sustainable development due to unethical business practices and volatile business operations.
Over 400 managers of hotels, resorts to discuss tourism growth
MarketMore than 400 managers, general managers and directors of hotels and resorts will gather at GM Meeting on May 9 and 10 in Nha Trang City to seek cooperation opportunities and discuss the orientation for tourism growth, a representative of the Vietnam Hotel Association said on May 6.
Danang to begin construction of boardwalk in July
LifestyleDANANG – Work on the first phase of a boardwalk for strolling and cycling will begin in July, according to the Danang management board for traffic construction investment projects. The first-phase is expected to span from Sao Bien Beach to Ariyana Convention Center.
