Want to be in the loop?
subscribe to
our notification
Business News
VISA POLICY NEEDS FURTHER REFORM
At the Year-end Vietnam Business Forum 2015 (VBF), Mr Ken Atkinson, representative of Tourism Working Group, appreciated important solutions for the tourism industry, including the waiver of visa for citizens from five European countries and Belarus, its major improvements in online visa application settlement at Tan Son Nhat International Airport, and bold breakthrough steps in allowing foreigners to possess residential houses in Vietnam.
However, when attractive visa policy has not become a key policy of the Government, its effect cannot be as expected. Currently, Vietnam is applying strict visa policy to foreign visitors from most countries in the world at a relative high cost. This is inhibiting high-spending international travellers from entering Vietnam, said Mr Tomaso Andreatta, Vice President of the European Chamber of Commerce in Vietnam (EuroCham).
Ms Sherry Boger, Chairwoman of the American Chamber of Commerce in Vietnam (AmCham), said most of the TPP member countries apply specific entry visa policy for entrepreneurs. However, the Immigration Law of Vietnam, amended in June 2014 and brought into effect on January 1, 2015, does not have any reference to TPP. According to this law, US citizens planning to arrive in Vietnam using B-1 or B-2 equivalent visas of the US will receive a three-month visa for a single entry. Thus, the US government will likely in the near future, based on the principle of reciprocity, reduce US visas to Vietnamese citizens to three months validity and for a single entry, as Vietnam imposes this policy on US citizens. This provision is clearly a major obstacle for businessmen and tourists to both countries and will inevitably have negative impact on the tourism industry, one of five prioritised sectors for development investment in Vietnam.
Meanwhile, the biggest obstacle to Japanese citizens is that Japanese nationals will not be allowed re-entry into Vietnam within 30 days without a visa. Changes in visa-free conditions inhibit Japanese citizens from entering Vietnam more frequently with tourism or business purposes, said Mr Shimon Tokuyama, Chairman of the Japan Business Association in Vietnam (JBAV). The association used to ask the Government of Vietnam to modify entry conditions applied to Japanese citizens returning to Vietnam, as the old law to exempt entry visa for them irrespective of how long they leave Vietnam.
The government’s recent decision to increase the number of countries on the list of visa-exempt countries is very welcome. Vietnam now has visa waivers or exemptions for citizens of 21 countries, which is far lower than neighbouring competitors such as Malaysia (with 164), the Philippines (157), and Thailand (52). Mr David W. Carter, National Board Member of the Australian Chamber of Commerce (AusCham), expressed his concern on this issue and recommended Vietnam to promptly extend the list of visa waiver countries to include Australia and New Zealand. He recommended the exemptions be for 30 days instead of current 15 days, with returns allowed within 30 days, as a means of encouraging people to use Vietnam as a transit hub. This must be considered a means of further facilitating trade, investment, and tourism between the nations.
Competent Vietnamese bodies are working hard on proposals for the Government to adjust visa policies. The Government assigned the Ministry of Public Security to study the possibility of deploying electronic visas. It will change policies on visa with a validity of one year for US tourists and citizens going to Vietnam to attend workshops and conferences. Simultaneously, the Immigration Department under the Ministry of Public Security will modify regulations on visa exemptions for Japanese citizens. It is also considering unilateral waiver of visas for Australia and New Zealand. In November, Vietnam lowered its visa fees to the level of Laos and Cambodia.
Source: VCCI
Related News
A STELLAR CHRISTMAS AT SOFITEL SAIGON PLAZA
Experience the magic of year-end celebrations in five-star luxury, where Parisian elegance meets Saigon’s festive vibrancy. Discover your Stellar Christmas moments: https://sofitel-saigon-plaza.com/festive-offer-2025
CONSTRUCTION SECTOR POSTS OVER 9% GROWTH IN 2025
Industries under the ministry’s management accounted for an estimated 17.23% of national gross domestic product (GDP), up about 0.17 percentage point from 2024. They contributed around 1.96 percentage points to overall GDP growth, reported the Vietnam News Agency. The contribution helped push Vietnam’s economic growth to above 8% in 2025 and supports the Government’s aim of pursuing double-digit growth in the coming years.
VIETNAM PUTS PUBLIC INVESTMENT DISBURSEMENTS AT VND603.6 TRILLION
Vietnam’s public investment disbursements had amounted to VND603.6 trillion in the year to December 18, equivalent to 66.1% of the plan assigned by the prime minister. According to the Ministry of Finance, actual disbursements by December 11 had totaled VND577.7 trillion, or 63.3% of the prime minister-approved plan of VND913.2 trillion, the Vietnam News Agency reported.
SHINE INTO 2026 AT HOIANA RESORT & GOLF!
This New Year’s Eve, celebrate where the sea meets the sky. Vibrant performances, festive dining, DJ beats, live bands and dazzling fireworks come together for one unforgettable night. From beachfront countdown moments to curated New Year’s Eve dinners across Hoiana, every detail is designed to welcome 2026 in style.
VIETNAM’S TRADE SET TO SURPASS US$900 BILLION FOR FIRST TIME
Vietnam’s total import-export turnover is expected to reach about US$920 billion by the end of the year, marking the first time the country’s trade value has exceeded the US$900-billion mark. As of December 15, Vietnam’s total trade turnover stood at US$883.7 billion, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.
GLOBAL SOURCING FAIR VIETNAM 2026 – THE TRULY GLOBAL B2B SOURCING SHOW IN VIETNAM TO EXPAND & DIVERSIFY YOUR EXPORT MARKETS WORLDWIDE
The 4th edition of Global Sourcing Fair Vietnam returns in 2026 with an impressive scale, featuring 700 booths showcasing Fashion & Accessories, Home & Gifts, and the newly introduced Printing & Packaging Products from 500+ verified suppliers across Vietnam and Asia – including Mainland China, Taiwan, Hong Kong SAR, South Korea, India, Bangladesh, ASEAN, and more.
























