Unveiling the Tallest Tower in Central Vietnam: A Landmark in Danang

On August 19th, the People’s Committee of Da Nang City, in collaboration with Sun Group Corporation, held a groundbreaking ceremony for the super project of an International-standard Cultural Amusement and Commercial Service Park (Da Nang Downtown).

This project commemorates the 80th anniversary of the August Revolution and National Day, September 2nd.

The Da Nang Downtown complex, spanning 76.92 hectares, is located in Hoa Cuong Ward and comprises an amusement and cultural park, a theater, a bustling riverfront commercial area, a green park embracing the Han River, and a 69-story tower, the tallest in Central Vietnam. The project boasts a total investment of approximately VND 79,790 billion.

Speaking at the event, Mr. Ho Ky Minh, Vice Chairman of the City People’s Committee, acknowledged that the Da Nang Downtown project was born at the right time to activate new development potential, enhance the city’s economic competitiveness, and affirm its position as “the most livable, lovable, and investable city in Vietnam.”

“With its unique planning and the experience of investor Sun Group, we believe that the Cultural Amusement and High-end Commercial Service Park, Da Nang Downtown, will be a new driving force, contributing to the completion of the city’s tourism infrastructure. It will also serve as a strong catalyst for the breakthrough development of services, trade, culture, and arts,” the city leader expected.

Located on the prime land by the Han River, between Tran Thi Ly and Tien Son bridges, the Da Nang Downtown amusement and cultural park is likened to the “center of the center.” This is also one of the few remaining diamond plots of land in Da Nang and the future “fireworks stage.” The area will feature a theater of more than 9,000 sq. m with 4,000 seats (including an opera hall and a multi-purpose room), a museum, and an exhibition center.

A special highlight of Da Nang Downtown is the 69-story tower, the second tallest in Vietnam (408m). The tower integrates multiple facilities, including a 5-star hotel, Grade A offices, premium apartments, a commercial center, restaurants, bars, an observation deck, and a conference and event venue.

“This will be a 24/7 destination buzzing with sound and light, invigorating the night economy, making Da Nang a ‘livable and lively’ city with memorable experiences for tourists. The complex is expected to rival famous night amusement parks in Shanghai, Hong Kong (China), and Singapore, propelling Da Nang to the status of an international city,” affirmed Mr. Nguyen Van Binh, Chairman of Sun Group Central Region.

Groundbreaking Ceremony for the Resettlement Area for the High-Speed North-South Railway Project

On the same day, the People’s Committee of Da Nang City organized a groundbreaking ceremony for the Resettlement Area for the High-Speed North-South Railway Project.

Mr. Nguyen Minh Huy, Director of the Project Management Unit for Transport and Agricultural Construction Works in Da Nang (investor), shared that the Resettlement Area for the High-Speed North-South Railway Project is located in Dien Ban Bac Ward, Da Nang City, with a total investment of over VND 76 billion. The project includes land leveling, transportation, drainage, power supply, lighting, greenery, fire protection, and communication infrastructure. The expected completion time is 15 months (from August 19, 2025, to November 19, 2026).

Vice Chairman of the City People’s Committee, Mr. Phan Thai Binh, emphasized that this event holds special political, economic, and social significance, underscoring the city’s determination to accompany the Central Government in implementing the century-long project – the High-Speed North-South Railway Project. This modern infrastructure project will usher in a new era in transportation development, national integration, and progress.

Mr. Binh highlighted that the High-Speed North-South Railway Project is the dream and aspiration of many generations, now gradually becoming a reality. Once completed, it will connect the entire country, reducing travel time, enhancing transport capacity, alleviating road traffic pressure, and fostering sustainable socio-economic development. It also affirms the will and strategic vision of the Party and State in the industrialization and modernization of Vietnam.

The city’s leaders requested that the investor thoroughly apply special mechanisms, demonstrate a high sense of responsibility, organize scientific and stringent management, strengthen supervision and inspection of construction progress, and resolutely ensure quality.

The construction units were urged to mobilize their maximum human resources and equipment, strictly adhere to their commitments, and guarantee aesthetics, safety, and timely completion.

Additionally, relevant departments, sectors, and localities were asked to coordinate harmoniously, promptly address any difficulties, and create the most favorable conditions for the project. The people in the project area were also called upon to continue their support, consensus, and promotion of the patriotic tradition and great national unity to ensure the project’s success and long-term community benefits.