Want to be in the loop?
subscribe to
our notification
Business News
TOURISM MINISTRY SEEKS LONGER VISA WAIVER FOR EUROPEANS
The ministry made the proposal for the benefit of German, UK, Dutch, Spanish and Italian passport holders as suggested by tour operators at a conference recently held by the Vietnam National Administration of Tourism (VNAT) and the Vietnam Tourism Association (VITA) to discuss a program to promote Vietnam’s tourism in Europe.
Tran Thi Viet Huong, director of marketing at Vietravel, said the visa exemption for travelers from the five European countries should be lengthened as travel companies need a longer time to promote their products effectively. Therefore, it is necessary to extend the period of visa exemption to five years.
Huong said the 15-day visa-free stay is not suitable for Western European travelers because their vacations are long, ranging from 21 to 30 days or even longer.
Luong Hoai Nam, general director of Hai Au Aviation Joint Stock Company, said the Government’s unclear roadmap to exempt Europeans from entry visa would make it difficult to promote Vietnam as a tourist destination.
At an international tourism fair held in German capital Berlin last March, domestic travel firms could not answer customers’ queries about whether or not Vietnam would continue visa exemptions for the five European countries after the scheme expires on June 30 this year.
Western European tourists usually map out their travel plans long before their departures. Vietnam’s tourism revenues might be affected in the long term if such queries go unanswered, Nam said.
According to VNAT, Vietnam attracted 790,000 international visitors in April alone, up 11.9% year-on-year. The number in the first four months amounted to 3.25 million, rising by 17.8% over the same period of 2015.
VNAT said the visa waiver helped bring in more than 554,000 visitors from the five Western European countries from July 2015 to March, up nearly 14% year-on-year.
Data of the General Statistics Office showed the number of visitors from these five countries neared 300,000 in January-April, accounting for 9% of the total international arrivals in Vietnam in the period. Last year’s figure was over 635,000.
Travel firms said owing to the visa exemption policy, the number of tourists from the five countries increased last year and this year, while arrivals from other European countries have dropped.
A tourism competitiveness report of the World Economic Forum (WEF) in 2015 indicated that Vietnam’s tourism ranked 75th out of 141 nations. The country stood at 119th in terms of visa requirements.
Meanwhile, regional countries have simplified visa requirements to woo foreign tourists. To realize the target of welcoming 20 million international visitors in 2019, Indonesia has exempted visas for citizens from 79 more countries and territories since March, bringing the total to 169.
Source: VIR
Related News
THE REVERIE SAIGON CELEBRATES THE FESTIVE SEASON WITH CURATED CULINARY EXPERIENCES AND BESPOKE CELEBRATIONS
Ho Chi Minh City, Vietnam, 12 November 2026 – The Reverie Saigon, a member of “The Leading Hotels of the World”, unveils its 2026 festive program, presenting a wide range of holiday offerings across its dining venues, spa, and accommodations. Reflecting Ho Chi Minh City’s growing reputation as a leading dining destination, this year’s festive offerings bring together diverse culinary experiences
PASTA WEEK: EMBARK ON A FLAVOURSOME CULINARY VOYAGE AT NOI
From November 9 to 22, 2026, NOI restaurant located on Level 3 of the Union Square - presents Pasta Week, an exclusive culinary journey celebrating the spirit of "A Celebration of Us". Taking inspiration from its name "NOI", which means "Us" in Italian, the specially curated menu unfolds like a vessel bearing warmth and brings people closer around the dining table.
AVERAGE STARTUP CAPITAL PER NEW BUSINESS DOUBLED TO $800,000
More than 243,600 businesses were newly established or resumed operations in the first 10 months of 2026, averaging 24,400 a month, according to the National Statistics Office under the Ministry of Finance. Total additional registered capital reached nearly VND5.8 quadrillion ($227 billion), up 11.6 per cent on-year.
VIỆT NAM SEEKS NEW GROWTH DRIVERS TO ACHIEVE DOUBLE-DIGIT EXPANSION IN 2027
The target, approved by the National Assembly (NA) on November 7, comes amid encouraging economic performance in the first 10 months of 2026. However, sustaining high growth will require more than increased investment and credit. Improving productivity, strengthening the private sector, promoting industrial development and accelerating science and technology adoption will be crucial to turning the ambitious target into reality.
VIETNAM’S TRADE TURNOVER SURPASSES $1 TRILLION FOR THE FIRST TIME
Total merchandise trade reached more than $1 trillion in the first 10 months of 2026, up 32.3 per cent on-year, according to the National Statistics Office under the Ministry of Finance. Exports hit $499.24 billion, up 27.5 per cent, while imports totalled $511.3 billion, up 37.4 per cent. With imports outpacing exports, Vietnam posted a merchandise trade deficit of $12.07 billion, compared with a surplus of about $19.5 billion a year earlier.
VIỆT NAM TO DEVELOP A NATIONAL PROGRAMME TO BOOST MARITIME INDUSTRY
Việt Nam will develop a national programme for the maritime and marine engineering industries through 2035 as part of the effort to strengthen domestic industrial capacity and build a modern, competitive and self-reliant maritime industry. Under Decision 2089/QĐ-TTg, signed by Permanent Deputy Prime Minister Phạm Gia Túc, the Government seeks to address existing difficulties and bottlenecks, mobilise resources and make more effective use of the industry's existing capabilities.






















