Under Construction

Da Nang Downtown

Da Nang Downtown is a riverfront mega-development by Sun Group on the former Asia Park site in Hai Chau, anchored by a 408-metre, 69-storey supertall that is set to rank as the tallest tower in central Vietnam and the second tallest in the country.

Official Website
View on map
08.19.25
Start
~2030
Completion
69
Floors
Scroll for details
Details

2 Thang 9 Street, Da Nang. 69 floors. Broke ground August 2025, targeting 2030. Financed with $2.6B from BIDV in August 2025.

The story so far
Announced 2025 est.Sun Group unveils $3B Da Nang Downtown complex with 408m, 69-storey tower, Vietnam's second tallest
news.tuoitre.vn
Financing secured Aug 2025BIDV issues credit commitment of up to VND 67.7 trillion (~$2.6B) to Sun Group for Da Nang Downtown
vietnam.vn
Broke ground Aug 19, 2025Sun Group breaks ground on VND79.79T ($3B) Da Nang Downtown complex on former Asia Park site
theinvestor.vn
Under construction
Expected opening 2030 est.
Pro · Milestones

See the full story

3 more dated, sourced milestonesFrom announcement to opening, each linked to its source.

Start with Pro
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 17, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
TMW Intelligence

The outlook for Da Nang Downtown

Timing, similar projects and market pressure, read from every development in our database.

Pro tools
Compare projectsSide by side with any projectAnalyze the marketSupply, pricing and timing
About the project

Da Nang Downtown is a riverfront mega-development by Sun Group on the former Asia Park site in Hai Chau, anchored by a 408-metre, 69-storey supertall that is set to rank as the tallest tower in central Vietnam and the second tallest in the country. The complex weaves together a five-star hotel, luxury apartments, Grade A offices, a shopping mall, restaurants and bars, an observation deck, and a landscaped events and entertainment park spanning nearly 77 hectares along the Han River.

Developer & design
Developer
Sun Group
Common questions

Frequently asked

Where is Da Nang Downtown located?

Da Nang Downtown is located in Da Nang.

When will Da Nang Downtown be completed?

Da Nang Downtown is under construction, with completion expected in 2030 (a TMW estimate).

Who is developing Da Nang Downtown?

Sun Group is the developer behind Da Nang Downtown.

How big is Da Nang Downtown?

Da Nang Downtown rises 69 stories.

Who is financing Da Nang Downtown?

Da Nang Downtown secured $2.6B in financing from BIDV in 08.25.