The wild discounting of accommodations is a trend we’re seeing particularly with Hoi An homestays and budget accommodations. This is helping local businesses bring in basic income. When it comes to 4- and 5-star resorts and hotels, the trend of discounting is also a good way to attract domestic travelers, though this could lead to a reduction in service quality as businesses work to keep costs under control. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
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Meanwhile, medical institutions are asked to keep foreigners or overseas Vietnamese returnees who have entered Vietnam for less than 14 days but yet to be placed under the required quarantine, together with their companions, in a temporary quarantine facility onsite and report the case to the municipal Center for Disease Control (CDC). … [Read more...] about Ho Chi Minh City issues guidelines on medical treatment for foreigners
According to the NA-assigned targets, Vietnam’s GDP growth rate in 2020 will be 6.8% while inflation will be kept below 4%. However, the unexpected outbreak of COVID-19 in more than 200 countries around the world has made this goal a major challenge which, as assessed by the Government, is difficult to be achieved. Given that fact, the proposal to adjust the growth targets is necessary and consistent with objective reality, looking directly at the socio-economic situation and forecasting the international and domestic situation in the near future. Under the Government’s updated scenario, the country’s GDP will grow by about 4.5% in 2020. The Government has also set a higher growth target of 5.4% in the event of a favourable global situation, with the disease being put under control and the global market recovering. Meanwhile, the consumer price index (CPI) for the whole year will rise by 4% on average; total state budget revenue will see a reduction of VND163 trillion … [Read more...] about BUSINESS NEWS HEADLINES MAY 30
Participants at a conference to discuss major steps to fuel the recovery of tourism held on May 29 in Can Tho City – PHOTO: HUYNH KIM CAN THO – To boost domestic tourism after the coronavirus pandemic ends, a program to offer promotional tourism products and enhance the quality of services provided in the Mekong Delta will take place from June 1 to December this year, as part of the joint efforts of 13 provinces in the delta. … [Read more...] about Mekong Delta provinces discuss post-Covid-19 tourism strategy
According to the statistics of the Civil Aviation Authority of Viet Nam (CAAV), from April 19 to May 18, airlines in Viet Nam served over 8,600 flights on domestic routes. That number of flights rose nearly double compared month on month and Vietjet has resumed all of its domestic routes at full capacity. … [Read more...] about Vietjet fully returns to domestic skies at full capacity