DA NANG - QUANG NAM: MORE THAN A DESTINATION

After more than two lengthy years of Covid-19 epidemic influences, up to now, Da Nang city and Quang Nam province have gradually rebirthed the tourism industry through a series of festive activities, towards restoring the Central local economy and committing to awaken and revitalize new attractive destinations in the field of real estates - resorts.

All-out efforts to restore tourism

Located in the Central Key Economic Zone, big metropolitans like Da Nang and Quang Nam have privileges of owning airports and seaports which has become potential markets for socio-economic development, aiming to be the urban beach tourism, ecotourism and amenity resorts.

According to Google Destination Insights, international searches for Vietnam tourism (of airflights and accommodation) are ranked among the highest in the world, reaching over 75%, of which Da Nang and Hoi An (Quang Nam) are the two top destinations. Beyond recognized and well-known havens, the tourism has apparently prospered when Quang Nam is the official host of 2022 National Tourism Year, expected to welcome 4.2 million visitors and guest stays while Danang is forecasted to greet 3.5 million travelers. During the first six months of 2022, Da nang has attained an impressive regional economic growth rate (GRDP), of 7.23% and meanwhile, Quang Nam GRDP increased by 12.8%.

Along with that, tourism in these provinces and cities has also restored and promoted vigorously as compared to the same period of last year. Visitor statistics in 2022 showed that the tourism industry in Da Nang and Quang Nam has shown solidly recovery signs after a heavily long-affected time by the epidemic. This is also a positive noteworthy for the two destinations - Da Nang and Quang Nam, towards opening up golden opportunities in attracting tourists in the near future.

Particularly in Quang Nam and Da Nang, upon ensuring safety and satisfying all visitors demand in the best way, the two localities will apply technology to manage and encourage tours and routes in the "green zone", helping to improve service quality at hotels and resorts.

So far, Da Nang has been the downtown with many direct international flights, connected to eminent touristry cities such as Macau, Hong Kong, Seoul, Shanghai, etc. The city promises to be a cosmopolitan attraction after the pandemic, thanks to the air connections for all countries around the world. In the coming time, Quang Nam government will be continuing planning to shift Chu Lai airport with a scale of 2,300 hectares into an international airport, aiming to gain 4E standards and achieve 4F airport scale guidelines with a capacity to serve 50 million passengers per year.

The real estate market has returned to the track

Not only being an engaging touristry metropolitan, Da Nang - Quang Nam is also a meeting point for waves of back-up investment. Indeed, during the past time, Da Nang - Quang Nam has witnessed the powerful "underground waves" of investment. Many strategic investors have devoted in infrastructure along the sea and coastal roads of Truong Sa and Hoang Sa (Da Nang) within broad urban projects such as: Sun Riverpolis, Sunneva Island and Gami Eco Charm ... aiming building the modern and world-class appearance of Da Nang and Quang Nam.

In addition to the contemporary tourism and entertainment products, Da Nang has been gradually regaining its position of a modernized city as it continues to rank up on the world recognition for high-class living and luxurious amenity. Along with the restoration of the tourism industry, the resort segment with many prominent projects such as The Ocean Villas, Fusion Resort and Le Meridien ... has been assessed to rapidly attain its growth momentum.

Adjacent to Da Nang, Quang Nam is also a territory associated with tourism activities and destinations within a diverse resource ecosystem. Paving the way for future, Eastern regions of Quang Nam will be the driving force for the provincial development; of which a diverse ecosystem of culture, synchronous infrastructure, trading, services and tourism will be developed parallelly with science and technology. Besides, it will be continued to stabilize and unitedly connect urban areas in the West.

The aces of Quang Nam are a pristine, graceful and alluring coastline of 125km with shiny white sand beaches. This is considered a basis to attract investment for infrastructure development in Eastern Quang Nam with many key routes such as: Da Nang - Hoi An coastal highway and Vo Chi Cong extended seaside avenue (from Hoi An to Chu Lai airport), leading to the evolution of a coastal urban chain for ideal eco-tourism destinations. Prominent projects such as Hoiana tourism and resort complexes, Vinpearl Southern Hoi An network and An Hoa Bay high-class ecological urban areas … have been invested for construction and operation, thus favoring the jobs market for thousands of workers and improving lives of local people.

Besides positive recovery signals on tourism development, investment-attraction activities in Quang Nam and Da Nang continued to be promoted. Quang Nam owns three foreign direct expenditure programs, bringing total FDI venture to 195, with a total investment capital of more than 6 billion USD; along with 29 domestic investment projects, driving the total venture to 940 projects and total registered capital of nearly 240 trillion VND. Similarly, Da Nang has 17 domestic asset plans with a total capital of 5,804 billion VND, and 21 FDI projects with a total registered capital of more than 67 million USD.

Subsequently, in the period of 2022 - 2025, Da Nang and Quang Nam will attract a series of large-scale civil, touristry and industrial park schemes. These strategies are expected to fascinate attentions of big businesses in the fields of tourism - industry and real estate, thus opening up golden opportunities for venture capitalists, who are looking for long-term settlement opportunities. In the long run, contributing to promoting the figure of Da Nang and Quang Nam as a secure travel destination and an attractive “glowing” investment point in Central Vietnam, towards glorifying with its inherent potential and privileges.