A friendly visa policy is among major reasons to help boost the Vietnamese tourism development, said Kenneth Atkinson, vice president of Tourism Advisory Board (TAB). He made the suggestion at the Vietnam Travel and Tourism Summit held in Hanoi Monday. Kenneth Atkinson, vice president of Tourism Advisory Board, at the Vietnam Travel and Tourism Summit In 2016, Vietnam lured up to 781,000 visitors from five Western European countries, up 19% on-year, which was mainly attributed to the country’s free-visa travel for these nations. The tourist increase helped to add up to USD150 million for the Vietnamese tourism industry’s revenues in the year, according to Atkinson. Earlier, Vietnam News Agency cited Hoang Nhan Chinh, head of the Vietnam Tourism Advisory Board secretariat, as saying that Vietnam currently grants visa-waiver scheme for tourists from 26 countries. The figure is quite low compared to the visa-free travel for 57 nationalities to Thailand, 168 … [Read more...] about Expert urges for more flexible visa policy for Vietnam tourism takeoff
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Hanoi-Saigon flight time climbs 5 mins a month
Duong Tri Thanh, Vietnam Airlines CEO, told a forum Wednesday continued delays at Tan Son Nhat could drag down flight quality and hamper economic growth. The route itself ranked as sixth busiest domestic route in the world for 2019, up one spot from last year. Le Hong Ha, deputy general director of the flag carrier, said Tan Son Nhat has recorded low punctuality due to overload, with airlines forced to adjust flight times that cause take-off delays up to 15 minutes. Lai Xuan Thanh, chairman of the Airports Corporation of Vietnam, said this year, foreign airlines have struggled to find berths at Tan Son Nhat. The airport could only provide 2-3 percent more slots this year, meaning passenger growth is capped at 5 percent year-on-year, he added. However, the country is allowing operation of new airlines despite the overload. Private carrier Bamboo Airways launched its first flights earlier this year, while three more airlines are awaiting licensing. Dinh Viet Thang, head of the … [Read more...] about Hanoi-Saigon flight time climbs 5 mins a month
10 Vietnamese start-ups with highest investment in 2019
This year continues to witness a wave of investments into Vietnamese start-ups, with millions of dollars of money announced. This is the list of 10 start-ups with highest investment based on public investment information, site ndh.vn reported. Some start-ups are believed to have successfully raised capital from US$75 million to $300 million, but specific amounts were not disclosed. 1 Sendo E-commerce platform Sendo of Sen Đỏ Technology JSC completed a $61 million Series C funding round. Besides previous investors, this round of fundraising has the participation of two new investors, Indonesian EV Growth and Thai Kasikornbank. Last year, Sendo successfully mobilised $51 million in Series B round. Trần Hải Linh, Sendo director general, said the company would use the new funding to expand its services, invest in AI technology and machine learning. 2 Lozi Lozi secured an eight-digit funding (in US dollars) led by South Korean investment firm … [Read more...] about 10 Vietnamese start-ups with highest investment in 2019