Da Nang ranked second in a list of Asia's five cheapest destinations to retire for foreigners with a monthly average cost of living for expats of US$867, according to a recent report.
Thailand's Chiang Mai topped the list with the average cost of living at $667 a month, according to GOBankingRates, a personal finance publication run by Nasdaq.
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High-rise buildings along the coast of Da Nang City in central Vietnam.
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The Philippines' Cebu ranked third where the monthly average living costs stood at $840, followed by Taiwan's Taipei at $1,268, and Japan'’s Kyoto at $1,565.
"Da Nang offers pristine beaches, scenic mountains, a warm climate and modern amenities. With its affordable housing options, excellent healthcare facilities and growing expat community, Da Nang is a no-brainer," the U.S. publication said.
Da Nang, home to 1.2 million people, is considered Vietnam's third most important city after Hanoi and Ho Chi Minh City.
In 2018, Panama-based travel magazine Live and Invest Overseas named Da Nang as one of the world's most livable cities.
Da Nang to provide free schooling for next year
The People’s Council of Da Nang has approved free schooling for students from kindergarten to high school in the 2023-2024 academic year with a budget of VND408 billion (US$16.3 million).
Da Nang takes the lead in digital transformation rankings
Da Nang topped the country’s Digital Transformation Index (DTI) rankings in 2022, according to the DTI 2022 Report released by the Ministry of Information and Communications on July 13. This is the third consecutive year the central city has led the way in digital transformation.
Da Nang: 500,000 led lights create artistic light space
The Consulate General of Japan in Da Nang City, the Japan Business Association in Da Nang and the City People’s Committee, jointly held an artistic light space at Dragon Bridge West Bank on July 12, in celebration of the 50th anniversary of Vietnam – Japan diplomatic ties.
Source: VnExpress
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