Danang City always fulfills its goal of developing into a tourist
city, so tourism support activities are always prioritized for development.
With the above advantages, Danang is the destination of many domestic and
foreign investors to develop hospitality real estate, tourist services and
tourism-related services i.e. retail of food and beverage…
In 2018, Da Nang received over 7.6 million domestic and
international visitors. Beside My Khe beach, Pham Van Dong beach, Ba Na Hills,
Monkey mountain, … the city is also known as a place to host many major
festivals. For many years, Da Nang has been chosen as the city where the
international fireworks competition is held every year, attracting many
visitors. In addition, traditional festivals such as Quan The Am festival,
International Food Festival, Cau Ngu Festival, Festival Street, Bai Choi music…
attract a large number of tourists to visit Danang.
Although there are many business locations for tourism-related
service, Da Nang still lacks service businesses to serve the growing number of
tourists to the city.
For foreign investors, tourism-related services such as
accommodation services, food and beverage services are the business lines which
Vietnamese committed to allowing foreign investors can make investments with
100% foreign capital in Vietnam. These industries do not require investors to
spend significant capital, but still could bring high economic efficiency.
Investors who take advantage of opportunities and investments today would enjoy
high business performance in the future.
ANT Lawyers is a Law firm
in Vietnam with international standards, recognized by
Legal500, IFLR1000. We are an exclusive Vietnam member of Prea Legal, the
global law firm network coverig more than 150 juridictions. The firm
provides a range of legal services as following to multinational and domestic
clients.
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