Potential for night economy development in Binh Thuan

Vietnam, including Binh Thuan, has many advantages in developing the night economy such as diverse tourism resources, unique culinary culture, and pleasant night weather. This kind of economy is expected to bring positive changes for tourism post-pandemic.

The night economy creates momentum for the tourism industry to recover soon

Most major cities in Europe or many famous tourist destinations have a developed night economy, associated with culture, art, and cuisine.

The night economy in developed countries accounts for an increasing proportion. For example, entertainment activities, shopping, night festivals... have contributed 6% of GDP to the UK, 4% of GDP to Australia, etc. Countries near Vietnam such as Thailand, Singapore, etc. have also got a huge revenue from building and exploiting this model.

Many countries focus on the night economy such as the US, Australia, France, Japan, Thailand...

Vietnam is assessed to have many conditions for the night economy growth. That is a strong boom of tourism activities, the number of international visitors is increasing and the exploiting space of the tourists'  spending is still large.

In fact, the night economy has appeared in a number of tourist destinations and big cities such as Hanoi, Ho Chi Minh City, Da Nang, Sa Pa, Hoi An, etc. The model in these places usually includes a pedestrian street in the central area. There are interesting street performance activities, night markets, shops, food stores, etc…

Night economy development has become a priority of many localities, a new driving force to stimulate tourism demand and boost the economy after the Covid-19 epidemic. Recently, the night economic development project of Binh Thuan province to 2030 has been approved, focusing on the fields of culture, entertainment, cuisine, shopping, and night tourism.

However, at present, types of night services in Binh Thuan are still not multiform, the average number of days travelers staying here is quite low. Therefore, the night economic models invested in large-scale real estate projects are expected to make a difference here. 

Developing night economic model in La Gi

La Gi coastal tow welcomes a large number of tourists every year from inheriting tourism values ​​of the trio of Ho Chi Minh City, Phan Thiet, Vung Tau. Revenue from services and tourism is increasing. Moreover, La Gi is the gateway town of  Binh Thuan - the resort capital welcoming tourists before moving into the central area.

Once the Dau Giay - Phan Thiet expressway and connecting roads are completed, La Gi gets many advantages in shortening travel time: Only about half an hour to Phan Thiet; 45 minutes to Ba Ria - Vung Tau; 1.5 hours travel to Ho Chi Minh City. These will make tourism here even more developed. 

Parallel to the road traffic route, La Gi is located at the heart of the coastal route with two ends at Long Thanh and Phan Thiet airports, welcoming the number of northern and international visitors. Favorable conditions of the roads and airlines are expected to make La Gi become a regular destination for tourists nationwide on weekends and Tet holidays.

Binh Thuan has a beautiful coastline and many famous scenic spots, promising to be a must-visit destination.

La Gi, Binh Thuan, Lagi New City - a large-scale commercial, service, and marine tourism urban complex - is gradually taking shape with a focus on developing according to this model.

The project promises to become a bustling nightlife development destination and meet the needs of high-class tourism, with a complex of more than 30 impressive commercial, service, shopping, and entertainment facilities.

Lagi New City has a 1.6 km coastal walking path, near to the seaport and La Gi market.

The project also has two beautiful seafront sides promising to become a unique check-in point attracting not only local residents, domestic tourists but also international visitors. Lagi New City is well-invested and modern, expecting to bring interesting experiences to meet the entertainment needs of visitors.

Having many advantages of developing the night economy, Lagi New City is near to famous destinations such as Dinh Thay Thim, Doi Duong beach, Coco Beach, etc. Therefore, this place has absolutely the potential to become a destination that can be ignored in the travel schedule and retain tourists every time coming to Binh Thuan in general and La Gi in particular.

Translated by Uyen Linh