Is Danang the next Phuket or Bali?

Many property moguls keen to pigeonhole Vietnam’s fastest developing beach destination reckon Danang will one day rival the region’s most eminent coastal holiday hotspots.

Realistically, that day is still around 10 years off. But as the global economy struggles to recover in the wake of the downturn, the Vietnamese city of Danang, like many markets in Southeast Asia, continues to move full steam ahead.