EFFECTIVE RESTRUCTURING BODES WELL FOR LOCAL AIRLINES
Aviation businesses in Vietnam are expected to perform better in 2025, driven by effective restructuring. National flag carrier Vietnam Airlines is on the way to making consolidated revenues of around $4.37 billion in 2024, up from $3.88 billion in 2023.
VIỆT NAM’S DESTINATIONS, E-VISA POLICY PROMOTED IN HONG KONG
Co-organised by the Vietnam Airlines branch in the region and the Society of IATA Passenger Agents Ltd (SIPA), the event gathered representatives of the Vietnamese Consulate General in Hong Kong and Macau and CEOs and senior managers of many local travel companies.
KOREA TO PROVIDE FREE GROUP E-VISAS FOR VIETNAM
Recently, Prime Minister Han Duck-soo of South Korea convened the “Korea Tourism Export Strategy Innovation Conference” in the city of Gwangju, aiming to attract over 20 million foreign tourists in 2024. During the meeting, Prime Minister Han Duck-soo announced the goal of promoting the development of the tourism industry, with a target of achieving a record-high revenue of $24.5 billion by 2024.
VIETNAM EXTENDS VALIDITY OF TOURIST E-VISAS TO 90 DAYS
E-visa holders will be allowed to stay in Vietnam for up to 90 days starting from August 15, or three-times longer than the previous 30 days.
CITIZENS FROM 13 COUNTRIES ALLOWED TO ENTER VIỆT NAM FOR 45 DAYS: GOV'T RESOLUTION
Accordingly, citizens from Germany, France, Italy, Spain, the UK, Russia, Japan, the Republic of Korea, Denmark, Sweden, Norway, Finland and Belarus could stay in Việt Nam for 45 days instead of 15 days since their entry, regardless of passport type or purpose of entry if they meet entry requirements in line with Việt Nam law.
VIETNAM’S NEW E-VISA POLICY DRAWS ATTENTION OF FOREIGN TOURISTS
The policy of renewing the e-visa with its duration to 90 days for tourists coming to Vietnam is gradually approaching its effective date of August 15, 2023, attracting the attention of the tourism industry both at home and abroad.
VISA EXPANDS DIGITAL PAYMENT ACCEPTANCE FOR ELECTRICITY BILLS IN VIETNAM
Visa, a world leader in digital payments, announced on July 21 that electricity consumers will now be able to enjoy the convenience and security of paying their energy bills with their Visa cards. Consumers can make payments with the VNPAY or ZaloPay e-wallet, or through VBan.vn, at no additional fee – with Sacombank serving as the acquirer.
BILLIONAIRE HONG KONG FAMILY ACQUIRES HOIANA RESORT
Hong Kong’s billionaire Cheng family has taken control of Hoiana Resort & Golf in the central province of Quang Nam. The resort was once run by Suncity Group, a conglomerate led by the now-jailed Macau gambling tycoon Alvin Chau.
