Frank Bochmann is seen in a photo he provided Tuoi Tre News. Saebel: Vietnam’s tourism sector has been tragically affected by the outbreak of COVID-19. Airlines, hotels, restaurants, laundry facilities, amusement parks, transport companies, tour operators, and homestay owners have all seen their business come to a standstill. The loss of revenue and livelihoods for Vietnamese employees and entrepreneurs alike in all spheres is devastating and the real effects will only be seen as savings and cash funds dry up. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
Growth of tourism industry
Besides, urban rail routes No.3 (Nhon - Hanoi Railway Station), No.5 (Nam Ho Tay - Ngoc Khanh - Thang Long Boulevard - An Khanh - Ring Road 4 - Hoa Lac) and No.7 (Me Linh - Nhon - Van Canh - Duong Noi - Ha Dong) are being built at a cost of several billion US dollars. … [Read more...] about Billion dollar developments spur Ha Dong growth
The festival aims to promote the city's tangible and intangible cultural values, tourism destinations and beautiful beaches. It is also expected to connect and help local businesses to introduce their products and services, boost investment in tourism infrastructure and strengthen tourism co-operation between the city and other localities in Việt Nam. … [Read more...] about Đà Nẵng kickstarts economy after COVID-19 pandemic
Vo Thi Phuong Mai, deputy director and head of retail services of CBRE Viet Nam, said the COVID-19 pandemic had negatively impacted direct visitor traffic but creating many opportunities for small and medium-sized models such as convenience stores, pharmacies and especially e-commerce. … [Read more...] about E-commerce a positive for retail sector
Second, a concrete action that can help the ASEAN show leadership in stimulating the global economy is to roll back the trade restrictions imposed during the pandemic and conclude the Regional Comprehensive Economic Partnership (RCEP). Experience in the past three years shows that tariffs can slow global economic growth. On the other hand, concluding RCEP negotiations will help revive business confidence and stimulate growth – a needed shot in the arm for the global economy at this juncture of the pandemic. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis