Central Coastline of Vietnam Draws Interest Overseas

International Herald Tribune

February 1, 2013

DA NANG, VIETNAM — The coastal road from Da Nang to Hoi An is littered with the concrete skeletons of unfinished beachfront developments — physical proof of how the slump in Vietnam’s banking and property sectors is dragging down its economy.

But some projects have succeeded, and a trickle of foreigners has joined the Vietnamese who are buying luxury villas and condominium units along the country’s prime central coastline, which runs about 130 kilometers, or 80 miles, from Hue to Hoi An and includes the stretch that U.S. troops called China Beach during the Vietnam War.

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