Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Business Location in Da Nang

Da Nang offers 1,215,000 metro customers, $3,800 average income, and high commercial activity—ideal conditions for data-led site selection.

Active business environment with high commercial density and growth opportunities

72 readiness score (B+)
1,215,000 metro residents
$3,800 average income
1,215K
Metro Population
$4K
Avg Income
High
Business Density
5
Major Industries

Da Nang Business Environment

Market Insights

  • Active business environment with high commercial density and growth opportunities
  • Cost-effective commercial space at $18/sq ft
  • Located in Da Nang, Vietnam with VND currency

Top Industries

Tourism
Manufacturing
Technology
Port Services
Real Estate

Da Nang Neighborhood Analysis

Discover the best neighborhoods for your business type in Da Nang

Da Nang features diverse neighborhood types: downtown core, business districts, residential areas, and emerging zones

Each district offers distinct advantages for foot traffic, rent costs, and customer demographics

Downtown/City Center

  • • Highest foot traffic density
  • • Premium rental costs
  • • Best for retail & restaurants
  • • Excellent public transport access

Business Districts

  • • High concentration of offices
  • • Ideal for B2B services
  • • Strong weekday traffic
  • • Growing food & beverage demand

Suburban Areas

  • • Lower rental costs
  • • Family-oriented demographics
  • • Ample parking availability
  • • Good for service businesses

Emerging Areas

  • • High growth potential
  • • Lower competition density
  • • Opportunity for early movers
  • • Rising property values

Da Nang Business Readiness Score

Data-driven viability assessment

B+
72
Overall Score
12
market size
8
income level
16
business activity
16
foot traffic
20
growth outlook

Industry Synergy Opportunities in Da Nang

Top industries creating demand for specific business types

Tourism

Tourist traffic creates demand for dining, shopping, and hospitality

Best Business Types:

Restaurant Retail Store Hotel Services

Technology

Tech workers value convenience, health, and quality dining near offices

Best Business Types:

Coffee Shop Restaurant Gym & Fitness
Cost Analysis

Cost of Operations in Da Nang

Financial breakdown for a 1,500 sq ft location

Startup Investment

Basic Setup
3 months rent + basics
$131,000
Standard Buildout
6 months rent + furnishing
$262,000
Premium Finish
12 months rent + premium
$524,000

Monthly Operating

Rent (1,500 sqft) $27,000
Utilities & Services $2,700
Labor (2 employees) $304
Total Monthly
Break-even target
$30,004

Cost Insights

Affordable rent at $18/sqft enables competitive pricing strategies

Da Nang Market Entry Timing

Data-driven signals for optimal business launch timing

73 / 100
Good - Favorable Window

Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Entry Timing Factors

🚀 Very high growth trajectory - first-mover advantage available
⚖️ Moderate competition - balanced market entry
🚶 Good foot traffic (82) - organic visibility

Business Performance in Da Nang

Market dynamics and success indicators

2.1x higher business density than national average

Average business survives 7.2 years in this market

Frequently Asked Questions about Business in Da Nang

What makes Da Nang attractive for new concepts?

2.1x higher business density than national average Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Where should I prioritize my first site?

Da Nang features diverse neighborhood types: downtown core, business districts, residential areas, and emerging zones

Which industries create the strongest spillover demand?

Tourism drives demand for Restaurant, Retail Store, Hotel Services, giving new entrants a built-in customer stream.

What operating costs should I plan for?

Expect about $27,000 in monthly rent with total operating costs near $30,004 for a 1,500 sq ft footprint.

Ready to Find Your Perfect Business Location in Da Nang?

Turn our 72 readiness score and timing signals into a shortlist of proven sites before competitors react.