The night-time economy will extend the length of stay of tourists, contribute to creating more jobs, increasing income for local people, promoting tourism development, economic growth, and increasing state budget revenue.
"Night economy" is understood as all service activities taking place after 6:00 p.m. until 6:00 a.m. the following morning, night entertainment (including cultural and artistic activities, theaters, music, entertainment programs, festivals, events), night tourism (sightseeing activities at tourist attractions), night food services (including: restaurants, bars...), and shopping activities (night markets, shopping malls, commercial areas...).
Boat ride and lantern release on Hoai River (Hoi An, Quang Nam).
Popular forms of night economy in these destinations include: night markets, night food streets, 24/7 convenience store chains, walking streets, food service streets such as Ta Hien (Hanoi) or Bui Vien (Ho Chi Minh City)...
Some solutions to create the first step towards a 24-hour economy in Binh Thuan province. The first and most important solution is to propagate and popularize to create consensus among people and encourage people to participate in night-time economic activities, as both suppliers and consumers of products and services. The second is to build mechanisms and policies to encourage investment and development of the night-time economy at tourist establishments with conditions and capacity to participate in implementation. The third is to prioritize investment resources to complete traffic infrastructure, drainage, waste collection and treatment systems, environmental sanitation, lighting systems, sidewalks, tree planting, etc.
Bui Vien Night Street (District 1, HCMC)
Fourthly, about the location for developing the night-time economy: Based on the actual situation, each locality with conditions can choose 1 location (area) to implement a pilot model of developing the night-time economy associated with enhancing the organization of cultural events to attract people and tourists to attend events combined with shopping, dining, and sightseeing. It can be implemented first in Phan Thiet City, Tuy Phong District, Bac Binh, Ham Thuan Nam and La Gi Town.
Fifth, organize a pilot night-time economic model in the area along both sides of Nguyen Dinh Chieu Street (from Ca Ty Tourist Area to Saigon - Mui Ne Tourist Area), Ham Tien Ward, Phan Thiet City to evaluate the effectiveness and replicate. In particular, pay attention to planning connecting traffic routes, suitable parking lots and organizing cultural and artistic events to attract tourists.
Nguyen Tat Thanh Street on the occasion of Lunar New Year 2023 (Phan Thiet)
At the same time, research one more area to develop the night-time economy in the center of Phan Thiet City (research Nguyen Tat Thanh - Le Duan road axis, both banks of Ca Ty river...).
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