CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Da Nang retail market has high potential: JLL
Mai Nguyen 17:38, 2018/06/20
The potential of Da Nang’s retail market is enormous as it is slowly gaining a reputation as having a tech-savvy workforce.
This was announced by the latest report by from real estate consultant JLL, a leading firm that specializes in real estate and investment management.
 
Da Nang city.
A view of Da Nang city.
There are a number of notable projects in the planning and construction stages along the coastline, while several others remain in various pre-feasibility stages as the retail market in Da Nang continues to receive solid interest from local and foreign developers, according to JLL.
A highlight is the modern commercial center project VV Mall from the reputable Crowne Plaza and luxurious hotel brand JW Marriott.
Hosting APEC in November last year generally brought much focus to Vietnam’s stellar growth as one of Asia’s emerging economies and specifically to Da Nang, further promoting its MICE capabilities internationally.
Da Nang is the major economic hub of central Vietnam and is also one of the major resort destinations in the country. The city is surrounded by three UNESCO World Heritage sites within a 100-km radial and scenic beaches, including the famous My Khe Beach. It also attracted 819,377 international tourists in the first quarter of this year.
International airlift has grown substantially. The expanded airport - part of APEC preparations - now has a capacity of handling 6.5 million arrivals a year and is the third-largest in the country, after Noi Bai in Hanoi and Tan Son Nhat in Ho Chi Minh City.
Key opportunities for Da Nang will come from improved flight connectivity, evidenced by AirAsia Thailand beginning a Bangkok - Da Nang route in April 2017, and further growth in such flights to larger travel hubs with European connections are also welcomed.
Comments
Other news
18:45, 2024/11/28
Vietnam, Hesse (Germany) promote high-tech cooperation
Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.
15:34, 2024/11/27
Big discounts on offer at Hanoi's November Promotion Festival
The event is part of the Hanoi Concentrated Promotion Program 2024, held in May, July, and November, attracting up to 2,000 businesses.
17:23, 2024/11/26
Hanoi unveils 150 most popular Vietnamese products and services for 2024
The "Most Popular Vietnamese Products" voting program is part of the city's broader efforts to encourage the consumption of local goods.
16:50, 2024/11/23
Hanoi hosts the Vietnam Regional Specialties Fair 2024
This year's fair will contribute to the promotion of trade and the expansion of typical regional products, especially agricultural and food products that meet export standards.
14:06, 2024/11/20
Hanoi strengthens export competitiveness and trade protection measures
Hanoi will work with the Ministry of Industry and Trade to ensure that businesses and manufacturers are ready for new challenges.
10:49, 2024/11/16
US reiterates Vietnam is not manipulating currency
The US Treasury Department’s positive evaluation underscores Vietnam’s progress in balancing its economic and monetary policies while fostering strong bilateral relations with the US.