Deputy Minister of Industry and Trade Đỗ Thắng Hải said the night-time economy will help maximise benefits from the resources that are not fully used during daytime.
Assoc Prof and PhD Dinh Trong Thinh, a financial expert from the Academy of Finance, spoke to Vietnam News Agency about the potential and risks of developing the night-time economy.
Its tourist attractions, unique culinary culture and pleasant night weather are great assets that will enable Quang Ninh Province to develop its night-time economy, according to its People''s Committee.
HCM City is yet to tap the full potential of the night time economy despite evidence from other countries that it encourages higher spending by tourists, experts say.
Viet Nam has missed some economic development opportunities and should not ignore the chance to grow the night-time economy, according to economist Tran Dinh Thien.
The project aims to exploit the potential of the night-time economy in Viet Nam to promote overall economic growth, improving incomes for residents while limiting risks and negative impacts on political security, social order and safety