Want to be in the loop?
subscribe to
our notification
Business News
STIMULUS TO REVIVE TOURISM
As international routes have not been reopened, domestic tourism has become a key market for all inbound, outbound and domestic travel companies. Localities have simultaneously responded to the national stimulus program to attract domestic tourists.
Mr. Ngo Hoai Chung, Deputy General Director of the Vietnam National Administration of Tourism (VNAT), said, after being in lockdown because of the Covid-19 pandemic, Vietnam tourism has restarted. In order to restart tourism, the VNAT has cooperated with relevant agencies and businesses to organize various conferences to launch the domestic tourism stimulus program in response to the program initiated by the Ministry of Culture, Sports and Tourism. He said the program “Vietnamese people travel Vietnam, travel more, love the country more” introduced by the VNAT has strongly increased domestic tourists to 35 million in 2015 and 85 million in 2019. This confirms the very important role of the domestic tourism industry and the entire national economy. “Now, once again, domestic tourism has become a fulcrum for Vietnam tourism to recover,” he emphasized.
As international routes have not been reopened, domestic tourism has become a key market for all inbound, outbound and domestic travel companies. Localities have simultaneously responded to the national stimulus program to attract domestic tourists.
Mr. Ngo Hoai Chung, Deputy General Director of the Vietnam National Administration of Tourism (VNAT), said, after being in lockdown because of the Covid-19 pandemic, Vietnam tourism has restarted. In order to restart tourism, the VNAT has cooperated with relevant agencies and businesses to organize various conferences to launch the domestic tourism stimulus program in response to the program initiated by the Ministry of Culture, Sports and Tourism. He said the program “Vietnamese people travel Vietnam, travel more, love the country more” introduced by the VNAT has strongly increased domestic tourists to 35 million in 2015 and 85 million in 2019. This confirms the very important role of the domestic tourism industry and the entire national economy. “Now, once again, domestic tourism has become a fulcrum for Vietnam tourism to recover,” he emphasized.
Source: VCCI
Related News
VIETNAM’S GDP TO GROW 5.5% THIS YEAR – WB
This forecast is based on the assumption of a moderate recovery in manufacturing exports in 2024, fueled by rebound growth of 8.5% year-on-year in the fourth quarter of 2023 and 17.2% year-on-year in the first quarter of 2024, reflecting strengthening global demand, said Dorsati Madani, senior country economist at the WB in Vietnam.
FARE REFUND FOR VISA REJECTION
Cathay Pacific will offer full refunds for cases of visa rejection to provide you with the confidence to explore the world with ease. If you are planning to fly to a destination that requires an entry visa, you can now book with greater peace of mind.
FOUR COMMODITIES POST Q1 EXPORT VALUE OF OVER 5 BILLION USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
MOIT PROPOSES SCHEME TO BOOST RENEWABLE ENERGY PROCUREMENT
The proposed Direct Power Purchase Agreement (DDPA) mechanism, outlined in the draft decree, targets organisations and individuals consuming electricity from the 22kV power grid or higher, with a monthly consumption averaging 500,000kWh. However, residential households are excluded from direct procurement.
REAL ESTATE BONDS PLACE PRESSURE ON ISSUING FIRMS
The ministry’s recent report underscores concerns within Vietnam’s corporate bond market for 2023 and 2024. It emphasizes the critical need to address hindrances to the real estate sector in line with the objectives provided in Government Resolution No. 33/NQ-CP, which aims to stabilize the industry.
DA NANG CUSTOMS FOCUSES ON DEVELOPING CUSTOMS-BUSINESS PARTNERSHIPS
Da Nang Customs Department issued an action plan for developing customs-business partnership in 2024. One of the new events this year is the workshop on “Settlement reports for enterprises engaged in outsourcing, export production and export processing” held in Da Nang Customs Department on April 16, 2024.