Xuan Thuy Street, Cau Giay, Hanoi: Center of Expensive Living and Economic Development

Xuan Thuy Street in Cau Giay District, Hanoi, has become one of the busiest and expensive economic centers of the capital. With rapid development in recent years, this area is not only a gathering place for businesses and companies but also an ideal destination for commercial and service activities. The article below will delve deeper into Xuan Thuy Street, Cau Giay, Hanoi, and explain why this place has become an important economic center, as well as the factors affecting economic development. its economy.

1. Strategic location
Xuan Thuy Street has a prime location right in the center of Cau Giay district, between two main roads: Nguyen Phong Sac street and Duy Tan street. Located just a few kilometers from the city center and near new urban areas such as My Dinh, Xuan Thuy Street attracts many businesses and residents.

2. Infrastructure development
An important factor affecting the economic development of Xuan Thuy Street is transportation infrastructure and facilities. Major roads such as Nguyen Phong Sac and Duy Tan have been expanded and invested synchronously, connecting conveniently with neighboring areas. The public transportation system such as bus routes and BRT has also been improved, making it convenient for workers and people to move.

3. Concentration of businesses and offices
Xuan Thuy Street is home to many high-end office buildings, attracting many large domestic and foreign businesses. With relatively high office rental prices, this area is often where the headquarters or branches of large companies and corporations are located. This focus creates a vibrant and growing business environment.

4. Diverse service facilities
With economic development, Xuan Thuy Street is not only a place to work but also a place to provide diverse services. From restaurants, cafes, convenience stores to shopping centers, supermarkets, and entertainment services, all are present here to meet the needs of residents and workers.

5. Expensiveness and growth potential
With a prime location and modern amenities, real estate prices and office rental prices on Xuan Thuy Street are always high and tend to increase. This not only shows the attractiveness of the region but also shows the potential for great economic development in the future.

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Prime location
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