Nha Trang needs to build night-time economy

Recently, Nha Trang City held a seminar on night economy - key strategy for tourism and real estate (real estate) tourism development. At the seminar, experts questioned the city's opportunities and seizing opportunities. Nha Trang to develop tourism, bringing the tourism real estate market up.

Recently, a seminar on night economy - key strategy for the development of tourism and real estate were held in Nha Trang. At the seminar, experts questioned opportunities and seizing opportunities of Nha Trang City to develop tourism, raising the real estate market for tourism up.

According to Assoc.Prof. Dr. Tran Dinh Thien - Former Director of Vietnam Economic Institute, at the recent world economic conferences, economic experts highly appreciate the economic development opportunities of Vietnam in general and Nha Trang city in particular since in the situation of the Covid-19 epidemic, while the world economy is dark, Vietnam’s economy remains bright and stable.

Ducashow, an interesting show at night in Nha Trang

Vega City Joint Stock Company (the investor of Vega City Nha Trang project in the northern area of Nha Trang city) has recently proposed to support Khanh Hoa Province People's Committee to implement a project to developing night-time economy in the province ”.

Accordingly, Vega City Joint Stock Company, the consulting unit of the night-time economy project of Khanh Hoa province, will remake the task outline of the night-time economy project, and report to the Provincial People's Committee and related departments.

At present, some cities that have been selected by the Government to pilot mechanisms and policies to develop night-time economy. Nha Trang City must develop at the regional stature as the city has great potentials. “Currently, Nha Trang City has economic activities for night time, but it is not the night-time economy. The night-time economy must have operating rules, be organized into system and connected with each other. We have to build appropriate mechanisms and policies, because the night-time economy has a higher level”, the economic expert analyzed.

According to economic expert Tran Dinh Thien, businesses must shape, discuss and consult the Government on the direction of the night economy. Nha Trang City's night-time economy need be different from other countries like Thailand, Korea, etc.

Nguyen Van Dinh - General Secretary and Vice Chairman of Vietnam Association of Realtors said that, Nha Trang has a long and beautiful coast in the heart of the city with busy quarters, which is a favorable condition for the development of the night-time economy. The formation of the night-time economy will greatly contribute to the GDP growth of the tourism industry and make possitive impact on the real estate market.

Van Ky

Translated by T.T