HomeEconomyFinancial investmentWhy do many people choose to 'settle and live happily' in Da Nang?

Why do many people choose to 'settle down and settle down' in Da Nang?


Hundreds of thousands of people have "migrated" to Da Nang to live and work for a long time over the past ten years, thanks to the attraction of natural landscapes, methodical transport infrastructure...

According to the 2019 Census, Da Nang's population reached over 1,1 million people. Data from Da Nang Radio and Television Station shows that, in the 10-year period (2009-2019), the population of Da Nang increased by more than 250.000 people, the average growth rate is 2,45% per year, equivalent to 24.700%. equivalent to 10.000 people. In which, the mechanical population increase due to migration from other localities is about 15.000-XNUMX people per year.

In addition to the wave of migration from all over the provinces, the number of foreigners coming to Da Nang to live and work is also on the rise. Particularly, Koreans living and working in Da Nang have reached 11.000 people, according to data released by the Vietnam - Korea Friendship Association in Da Nang city in 2019. Many of them initially only came to Da Nang to visit Da Nang. tourism, but later "fallen in love" and stick with this city with mountains, rivers and seas for a long time.





Da Nang city is planned to ensure a sustainable living environment. Photo: Need source

Da Nang city is planned to ensure a sustainable living environment. Image: Sunshine

The advantage of the “liveable city”

One of the basic foundations to help Da Nang attract a large number of residents is the synchronously and completed investment in transport infrastructure.

From the river divider away from the mountain, the "front" is the riverside with shacks, the other side of the river is the wild "district 3" with beautiful beaches but no people, Da Nang has changed dramatically.

A series of bridges sprang up connecting the two banks. Hai Van tunnel through the mountain connecting Hue - Da Nang or major roads connecting the central area with Ba Na or going south to Hoi An, Tam Ky ... Da Thanh also has many new development directions in terms of traffic. Recently, the city has "shaken hands" with Quang Nam to research and deploy a new metro line.

Da Nang International Airport - the gateway to bring Da Nang to the world is a big investment. At the end of the first quarter of this year, 33 routes have been restored, including 25 international routes and 8 domestic routes. Total flights to Da Nang in the first three months of the year were estimated at 9.300 flights with more than 1,47 million passengers. Many new international routes connect the center of Central Vietnam with Macau (China), Narita (Japan), Vientiane (Laos) ...





Tran Thi Ly Bridge (Da Nang) shimmering in the night. Photo: Need source

Tran Thi Ly Bridge (Da Nang) shimmering in the night. Image: Sunshine

In addition to infrastructure advantages, Da Nang has many advantages to attract residents.

Mr. Thanh Hung (originally Son Tra) has lived and worked in Ho Chi Minh City for more than 10 years. Realizing the change of the city where he was born, Hung aims to return to his hometown to work this year.

“Getting used to the busy and hectic life in Saigon, every time he returns to his hometown, he seems to be revived. The city is more and more beautiful, sparkling, fresh air, no traffic jams, no dust. Job opportunities are also not lacking, especially in the service industry - tourism. I want to go back to Da Nang to feel a happier life”, Mr. Hung confided.

Many young people love Da Nang because of its dynamic, youthful and modern urban life with a civilized urban landscape and spacious streets. Each city resident enjoys a life full of utilities, high standard civil infrastructure, from schools, hospitals, entertainment facilities... to the talent attraction policies of the city's leaders. Tourism infrastructure is invested, such as the Sun World Ba Na Hills tourist area, events such as the DIFF International Fireworks Festival, etc.

Da Nang also promotes the application of science and technology in the fields of public administration and urban management, with the goal of best serving the people. Recently, the city was honored as a typical locality implementing the Industrial Revolution 4.0 and digital transformation for the second time in a row at the Top Industry 4.0 Vietnam - I4.0 Awards.

Growth potential

Keeping the position of the pedestal of Da Nang's economy, the service sector accounts for nearly 70% of the economic structure. In 2022, this field recovered strongly after the pandemic, revenue from accommodation, catering and travel services is estimated at nearly VND 21.000 billion (up 99,3% compared to 2021).

The city on the Han River is even more famous after being published by the magazine Travel & Leisure (USA) voted 3rd in the top 10 leading tourist cities in Southeast Asia and World Travel Award (WTA) voted as Asia's leading event and festival destination in 2022.





Dragon Bridge - where the international fireworks festival takes place in Da Nang. Photo: Need source

Dragon Bridge - the place where the international fireworks festival takes place in Da Nang. Image: Huynh Van Truyen

Thanks to exploiting the strength from tourism, the city with the cooperation of large economic groups has continuously added new products and services, increasing the attraction of tourism. Names such as Sun World Ba Na Hills, Asia Park, InterContinental Danang Sun Peninsula Resort, Premier Village Da Nang or DIFF International Fireworks Festival become the focus of tourist attraction, especially the influx of tourists. luxury with high spending…





Exciting festival at Sun World Ba Na Hills tourist complex

Exciting festival at Sun World Ba Na Hills tourist complex. Image: sun world

Along with FDI inflows into large projects, global companies choose Da Nang as their headquarters. This brings many job opportunities, which is also the motivation for Da Thanh to attract young, high-quality employees to work and invest in business.

On the contrary, attracting a large inflow of migrants from all over the world also creates a demand for accommodation. Meeting the needs of residents is the appearance of housing projects in the city center, complete with an "all-in-one" utility system, meeting the needs of long-term living according to the needs of the city. international standards.

According to experts, Da Nang has great potential for breakthrough to become an international-class coastal city, a modern regional financial center, and a quality resort and tourism center. The city has a lot of potential to hold the position of "a city worth visiting, worth living, worth investing in" with a series of large projects that will be implemented in the future such as an airport urban area, a riverside ecological urban area, etc. The above factors are also the basis for Da Nang to attract successful people, foreign experts ... to resort, settle down and work for a long time.

Hoai Phong




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